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Economy, Real Estate

“Home affordability in 2023 tanked to lowest level in 40 years”

“…Only 15.5% of homes for sale last year were affordable for the typical US household, the lowest level since Redfin began tracking the data in 2013. That’s down from the typical level of 40% seen before the pandemic homebuying frenzy began and… Continue Reading…

Economy

“Pepsi, Lay’s dropped by one of the world’s biggest grocers over price hikes”

“France-based Carrefour, one of the world’s largest grocery chains, told customers Thursday it is pulling Lay’s, Doritos, Lipton teas and other PepsiCo products in protest of increased prices. Stores in France, Italy, Belgium and Spain will be affected, multiple news… Continue Reading…

Business

“NCAA and ESPN ink 8-year, $920 million media rights deal”

“The NCAA and ESPN have reached a new eight-year media rights deal worth more than $115 million annually, as the value of sports media rights reaches new heights. The new agreement carries an annual value of roughly three times the current 14-year deal,… Continue Reading…

Economy

“US job growth beats expectations in December; wages rise solidly”

“…Nonfarm payrolls increased by 216,000 jobs last month, the Labor Department’s Bureau of Labor Statistics said in its closely watched employment report on Friday. Data for November was revised lower to show payrolls rising 173,000 instead of 199,000 as previously… Continue Reading…

Economy

“U.S. payrolls increased by 216,000 in December, much better than expected”

“…December’s jobs report showed employers added 216,000 positions for the month while the unemployment rate held at 3.7%. Payroll growth showed a sizeable gain from November’s downwardly revised 173,000. October also was revised lower, to 105,000 from 150,000, indicating a slightly less… Continue Reading…

Business

“How did Jeffrey Epstein make all of his money?”

“…Accused of abusing [RAPING] dozens of teenage girls before dying by [a highly suspicious so called] suicide in a federal prison in 2019…  a filing in his criminal case pegged his net worth at roughly $560 million. Epstein’s assets also included… Continue Reading…

Stocks

“Stocks’ Bad Start to 2024 Has Forecasters on Edge”

“Stocks are off to a bumpy start in the early days of 2024. Proponents of the January Barometer are hoping for a turnaround because they believe the market’s performance in the first month of the year sets the tone for the rest…”… Continue Reading…

Economy

“Online holiday spending jumps nearly 5% to record, Adobe Analytics says”

“Online spending rose 4.9% year over year, setting a record for e-commerce during the holiday season, as shoppers pounced on discounts and leaned on buy now, pay later to cover more of their purchases, according to Adobe Analytics. Sales totaled $222.1… Continue Reading…

Economy

“Private payrolls added 164,000 in December, beating expectations, ADP says”

“…Private payrolls increased by 164,000 for the month, a substantial rise from the downwardly revised 101,000 in November and better than the 130,000 estimate from the Dow Jones consensus, according to the payrolls processing firm… There were only a few… Continue Reading…

Business

“Names in Jeffrey Epstein court documents [set to be] unsealed”

“New York federal court documents containing previously hidden names of people associated in some way with the late notorious sex offender Jeffrey Epstein began being unsealed Wednesday evening. Many of the more than 150 people named in the civil court filings that are in the process of… Continue Reading…