As the Bureau of Labor Statistics remains silent due to the Washington shutdown, alternative data sources suggest the job market is steady but shows signs of softening. With unemployment holding at 4.3%, is the economy truly stable?
With the Federal Reserve poised for its first interest rate cut of 2025, global markets are on edge. This article explores the implications of potential rate changes and key market indicators shaping today's financial landscape.
Mortgage rates have seen a significant drop, offering potential savings for homebuyers. Experts debate whether now is the right time to buy or if waiting could yield better rates. Learn the key factors influencing these changes.
Mortgage rates have dropped to their lowest in a year, prompting a surge in homebuyer applications. As the market shifts, many are seizing the chance to refinance and save on monthly payments.
The housing market may be slowly improving as existing home sales rose 2% in July, with the highest inventory in five years. While prices are softening, many potential buyers still face affordability challenges. Find out what's changing in the market!
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.
