News
“Rate cuts are already being felt” as mortgage demand rises from the ashes, but there’s a catch
The Fed’s first rate cut in nine months sent mortgage demand and refinancing soaring, but affordability remains pressured by high prices and limited supply
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America’s largest retailer sounds alarm on consumer spending
Walmart, America’s largest retailer by total sales, expressed a somber concern in its third-quarter earnings report: Consumer spending is weakening....
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“I have not seen a meeting with so much contradictions” — Fed’s rate cut sparks confusion and political tension
The Fed’s first rate cut in nine months comes amid mixed signals: job losses, sticky inflation, record stocks, and rising political pressure
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A record percentage of Americans believe now is a bad time to buy a home
Plunging mortgage rates haven’t been enough to fix Americans’ perceptions about the housing market
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The remote work bubble has popped
The flexibility of remote work is slipping away for many Americans, but the fight is far from over
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Millennials may be the real winners of baby boomers’ pandemic wealth accumulation
Millennials are at the bottom of the real estate totem pole, but that could change soon as boomers are expected to pass down trillions of dollars over the next decade
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Can Americans withstand the 'quadruple shock' in store for this fall?
Autumn is the season of change, and big changes could be in store for Americans in the coming months—none of them particularly appealing.
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Boomers are racking up student debt at a pace never seen in decades
Baby boomers hold some of the highest student loan balances in the country—but it’s not what it appears
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Americans are approaching their credit card limits ahead of holidays
Lower-income households have used 80-90% of their available credit
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Young and house-less: How Millennials and Gen Z missed the low-rate bandwagon
America’s younger generations may have missed their prime opportunity to own real estate. With mortgage payments up more than 50%...
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U.S. recession may have started nearly one year ago, says former Fed adviser
Danielle DiMartino Booth warns that the economy has all the makings of a recession that started a long time ago
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JPMorgan: 99% of Americans will be less wealthy and have less purchasing power than before Covid
Depleted savings, persistent inflation, and higher borrowing costs will make Americans worse off than before the pandemic by mid-2024
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U.S. housing affordability is worse than the peak of the 2006 housing bubble
Americans today need to spend nearly 44% of their income to afford an average home
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30% of office buildings are ‘worth nothing’ and have to be torn down, say experts
A commercial real estate expert warns of an 'officepocalypse'
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Hotshot Wharton professor sees $34 trillion debt sparking next financial crisis
It’s easy to shrug off the federal debt as someone else’s problem, but the government’s spending addiction could have debilitating consequences
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Auto-pocalypse? Americans are falling behind on their car payments
Believe it or not, about one-third of Americans are considered “subprime” borrowers
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This is how far Americans are from reaching their retirement goals
Americans across all age brackets are woefully underprepared for retirement, according to Vanguard data
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These 5 charts show that the inflation battle is over
The catch: it may take time for the effect to reach grocery shelves.
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