Andy Lo first felt the squeeze of inflation in early 2021, when he noticed the price of food go up. “I used to get a […]
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Home Prices Continued Their Slow Decline in January but Is an Acceleration in Price Drops Due For Spring?
U.S. home prices declined modestly for a seventh-straight month in January, though the Federal Reserve Board’s continued rate increases despite March’s regional banking wobbles may […]
As Inflation Rises and Credit Card Debt Soars, Millennials are Opting to ‘Buy Now, Pay Later’
On March 28th, Apple announced Apple Pay Later, its new Buy Now, Pay Later offering. With the unveiling, Apple joins a financial trend that has […]
New Jobs Report Could Signal End of Post-Pandemic Economy
The next jobs report is expected to show slower but still substantial job growth, in the latest sign of cooling due to Federal Reserve interest […]
U.S. goods trade deficit grew in January to widest in three months
The US economy continue stronger than expected. The U.S. trade deficit in goods is widest gap in three months in January, according to data released […]
China’s local governments are struggling to pay their bills
Last September, 29-year-old graduate Alex Xu began her first day as an English teacher at a public elementary school in Shenzhen, one of the richest […]
Welcome to the “Battery Belt”
Electric Vehicles are Creating a New Manufacturing Industry Until a few years ago, the Red Roof Inn in Commerce, Georgia, was just a quiet stop […]
Manufacturers Tighten Belts, as Banking Troubles Loom
Manufacturing orders saw reduced growth in February, the latest sign of an economy that is starting to cool in response to rising borrowing costs. Orders […]
After an Explosive Start to 2023, Retail Sales Cool Down in February
Retail and food services sales in the United States fell in February, as consumers returned to a pattern of relatively robust spending while coping with […]
First-time Millennial Homebuyers are Getting Older and Having Fewer Kids; Others Never Plan to Buy.
Once their first child came along, Matt and Liz Russo began to think they should buy a house in the suburbs of Syracuse, N.Y. Their […]