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Economy, Real Estate

“Property Values Fall Across US, Europe on Bite From Inflation”

June 15, 2022

“Prices have fallen by about 5% to 10% compared to a year earlier in some areas, according to David L. Steinbach, with Europe following a trajectory set in the US. “I think we’re in for a rough few months,” he… Continue Reading…

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Real Estate

“Property Values Fall Across US, Europe on Bite From Inflation”

June 14, 2022

“…Prices have fallen by about 5% to 10% compared to a year earlier in some areas, according to David L. Steinbach, with Europe following a trajectory set in the US. “I think we’re in for a rough few months,” he… Continue Reading…

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Banking, Economy

“Powell Facing Choice Between Elevated US Inflation and Recession”

June 13, 2022

“Federal Reserve Chair Jerome Powell is facing an increasingly grim calculus after yet another hot inflation reading last week: He probably has to push the economy into recession in order to regain control of prices… An increasing number of economists… Continue Reading…

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Economy

“US Trade Deficit Narrows Most on Record on Muted China Imports”

June 7, 2022

“The gap in goods and services trade narrowed $20.6 billion, or 19.1%, to $87.1 billion, Commerce Department data showed Tuesday. The median estimate in a Bloomberg survey of economists called for an $89.5 billion deficit. The figures aren’t adjusted for… Continue Reading…

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Economy

“Economic Pessimism Growing in U.S.”

June 1, 2022

“Gallup’s Economic Confidence Index measured -45 in May, down from -39 in each of the previous two months. It is the lowest reading in Gallup’s trend during the coronavirus pandemic, and likely the lowest confidence has been since the tail… Continue Reading…

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Economy

“Shock gas, grocery price hikes spur states to pursue tax relief”

February 21, 2022

“Rapidly climbing inflation in the U.S. is accelerating calls from governors and state leaders to provide immediate tax relief to cash-strapped residents facing higher prices on everyday products such as gas, milk, and electricity. The governors of Maine and Kentucky… Continue Reading…

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Uncategorized

“Mega Millions jackpot reaches $421 million: Here are the best and worst states for taxes on lottery winnings”

January 27, 2022

“After no winning tickets matched all six numbers drawn on Tuesday, January 25, Friday’s Mega Millions estimated jackpot is $421 million, before taxes are taken out, according to MegaMillions.com… The worst states in which to hit the Mega Millions jackpot 5.… Continue Reading…

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Economy, Uncategorized

Worker Shortage Hits Military “Army ups bonuses for recruits to $50K…”

January 13, 2022

“The U.S. Army, for the first time, is offering a maximum enlistment bonus of $50,000 to highly skilled recruits who join for six years, The Associated Press has learned, as the service struggles to lure soldiers into certain critical jobs… Continue Reading…

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Economy

“U.S. posts weakest growth of pandemic recovery”

October 28, 2021

“U.S. economic growth slowed more than expected in the third quarter to the softest pace of the pandemic recovery period as snarled supply chains and a surge in COVID-19 cases throttled spending and investment. Gross domestic product expanded at a… Continue Reading…

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Banking, Economy

“Trillion-dollar platinum coin could be minted at the last minute”

October 6, 2021

“A trillion-dollar platinum coin could be minted “within hours of the Treasury Secretary’s decision to do so,” Philip Diehl, former director of the United States Mint, tells Axios. Why it matters: Congressional solutions to the debt-ceiling problem could take weeks to… Continue Reading…

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