American Express has achieved record quarterly revenue of $17.9 billion, driven by a surge in card member spending. As millennials and Gen Z embrace premium products, the company faces rising expenses but maintains a positive outlook.
New-home sales in the US fell sharply in May, marking the largest drop since 2022. Despite sales incentives, affordability issues persist, pushing sales to a seven-month low.
In a surprising twist, U.S. home sales edged up in May, defying expectations amidst high mortgage rates and rising prices. Despite this increase, affordability remains a major hurdle for many prospective buyers.
Discover the reality of Gen Z HENRYs—high earners living paycheck to paycheck. With soaring inflation and unrealistic financial expectations, learn how this unique demographic navigates their six-figure incomes and housing challenges.
Donald Trump, who once frequently discussed the stock market, has recently gone silent on the topic. What implications does this have for investors and the economy? Discover the reasons behind this shift.
