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Real Estate

“Home prices hit record highs in nearly two-thirds of major markets”

August 8, 2023

“Home prices are ticking up again and reaching new highs in many markets across the country, according to a new report. Prices grew by 0.8 percent in June after slowing for more than a year, pushing prices to record levels in around… Continue Reading…

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Economy

“Key Fed inflation rate falls to lowest annual rate in nearly 2 years”

July 28, 2023

“Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index excluding food and energy increased just 0.2% from the previous month, in line with… Continue Reading…

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Business, Stocks

“Shopify stock falls nearly 7% as forecast disappoints amid escalating Amazon rivalry, price increases”

February 16, 2023

“…In their forecast, Shopify executives guided for revenue to grow “in the high-teen percentages” in the fiscal first quarter, while not providing a forecast for any profit metric nor for the full year. Analysts on average were projecting first-quarter revenue… Continue Reading…

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Economy, Stocks

“Dow climbs nearly 200 points after December CPI report shows cooling inflation”

January 12, 2023

“Stocks advanced Thursday after December’s consumer price report showed inflation cooled for the month, raising hopes the Federal Reserve can once again slow interest rate hikes. The Dow Jones Industrial Average gained 186 points, or 0.6%. The S&P 500 added… Continue Reading…

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Stocks

“Stocks close lower, Dow drops nearly 500 points as supply chain concerns mount amid protests in China”

November 29, 2022

“Stocks closed lower Monday as social unrest from China’s prolonged Covid restrictions weighed on markets. The Dow Jones Industrial Average lost 497.57 points, or 1.45%, to end at 33,849.46. The S&P 500 dropped 1.54% to end at 3,963.94. The Nasdaq… Continue Reading…

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Cryptocurrencies

“Bitcoin tumbles to its lowest in nearly 2 years; Solana drops another 30%”

November 9, 2022

“Cryptocurrencies were under pressure for a second day Wednesday as the market digested the fallout of Binance’s planned bailout of FTX. Bitcoin hit a new bear market low of $16,924.68, according to Coin Metrics. It was last down by 5%, while… Continue Reading…

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Economy, Personal Finance

“63% of Americans are living paycheck to paycheck — including nearly half of six-figure earners”

October 24, 2022

“As of September, 63% of Americans were living paycheck to paycheck, according to a recent LendingClub report — near the 64% historic high hit in March. A year ago, the number of adults who felt strained was closer to 57%. “Consumers are… Continue Reading…

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Economy

“Job openings top 11.2 million in July, well above estimate and nearly double the available workers”

August 30, 2022

“There were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor market is still extremely tight, the Bureau of Labor Statistics reported Tuesday. Available positions totaled 11.24 million for the month, well… Continue Reading…

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Economy

“Nearly half of all Americans are falling deeper in debt as inflation continues to boost costs”

July 26, 2022

“In an economy that has produced the highest inflation rate since 1981, Americans are struggling to keep up with expenses and are putting less money aside for emergencies or long-term financial goals, several recent studies show. Nearly 40% of consumers cannot put any… Continue Reading…

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Investing

“Nearly 40% of investors who pulled money out of markets in the last year regret it”

May 17, 2022

“Many investors who pulled money out of the stock market in the last year now regret their decision. Some 38% of investors said they sold stocks last year due to a current event, according to a study from MagnifyMoney. Of that group,… Continue Reading…

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