Economic Conditions: Page 8
Starter Homes Are Out Of Reach For Most Buyers — Except in These 4 Cities
The idea of a starter home has become "the stuff of myths and legends."
These Cities Have the Biggest Risk For a Housing Bubble in 2022
Across the globe, Toronto was the city with the highest risk of a housing bubble. But in the U.S., the city with the biggest risk wasn't New York.
Inflation Pushes Millions to Look for a Second Job, but New Tax Adjustment Might Help
The adjustments could allow for relief to taxpayers in 2023, particularly those who fall in lower income tax brackets.
India Has Sufficient External Buffers: Fitch
The rating agency also added that domestic factors are the primary driver of the RBI's current monetary policy tightening
With a Recession Looming and Interest Rates Rising, What's Next for the Economy?
Recent news and updates on the economic state for 2023.
Not All Love is Priceless — 22% Of Millennials Report Going Into Debt From Dating
A new survey found that dating has been particularly hard on millennials' wallets, with 77% of daters saying it'd be easier if they had more money.
'Ask For a Raise Now': Salaries Aren't Keeping Up With Inflation. Here's What to Do.
New surveys found that salary raises aren't going to match rapid inflation, forcing workers to face wage losses.
Home Builders Are Taking a New Approach To Excess Inventory: Targeting Investors
As the housing market cools, home builders are scrambling to find solutions to reduce excess inventory.
In the '80s, Mortgage Rates Were Almost Three Times As High — But It's Still Harder To Buy a Home Now
While the Fed has hiked up mortgage rates as a means to tame inflation, but it's nothing compared to 40 years ago.
The Housing Market Is Cooling the Fastest in These 10 Cities
The housing market is shifting, and these cities are seeing prices drop the fastest.
Homebuyers Are Backing Out of Purchases in This Area of the Country More Than Anywhere Else In The U.S.
Houses in this area saw some of the highest surges in home prices during the pandemic. Now, those same locations are seeing homebuyers back out in record numbers.
Jerome Powell Says the Housing Market Correction 'Reset' Is Already Underway
Reporters pressed Fed chair Jerome Powell to clarify what he meant by the term.
Rent Prices Could Finally Be Cooling -- But Not in These Cities
After over a year of skyrocketing prices, recent data suggests that rent costs could finally be dropping.
4 Ways Small Business Owners Can Prepare to Weather All Phases of the Business Cycle
Here are four things small business owners can do to set themselves up for success in an unfavorable economic environment.
'We're Going To Have One Whopper Of A Recession In 2023': State of U.S. Economy Remains Uncertain
According to Steve Hanke, professor of applied economics at Johns Hopkins University, the U.S. is likely to experience a recession next year.