Houston city officials said it could take days to restore power to millions of customers after the storm swept through the region, flattening homes and leaving several people dead.
In its annual report on the jobs market, the Paris-based policy advisory body said wages have been rising faster than prices over the past year, but real wages remain below their late 2019 levels in a number of countries, including the U.S.
Housing and rent inflation hums along at 5.4% more than two years after the Fed began hiking interest rates. The same hot read can’t be said about the stuff that goes into making a house or apartment a home, like the dishwashers, rugs and furniture.
