Here’s why Americans can’t stop living paycheck to paycheck
For many Americans, payday can’t come soon enough. As of June, 61% of adults are living paycheck to paycheck, according to a LendingClub report. In...
Los Angeles hotel workers strike over wages, housing By Reuters
4/4 © Reuters. People protest in front of Hotel Indigo as unionized hotel workers in Los Angeles and Orange County go on strike, in Los...
China’s economic recovery is stalling. Here’s what to expect next
A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. Market watchers are anticipating the next steps from China’s...
Mortgage demand drops as bank failures hit jumbo loan rates
Homes in Centreville, Maryland, US, on Tuesday, April 4, 2023. Nathan Howard | Bloomberg | Getty Images Mortgage demand from homebuyers has been erratic to...
Is a housing crisis underway? Why crypto investors should care By Cointelegraph
The show Macro Markets, hosted by crypto analyst Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube...
More than 5 million households still behind on their rent
Viorel Kurnosov | Istock | Getty Images With roughly two more months before the U.S. Department of Health and Human Services ends the three-year Covid...
Mortgage rates tumble in the wake of bank failures
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year...
‘The U.S. housing market is crumbling under the weight of higher mortgage rates and rock-bottom affordability’: Prices fell the most in these U.S. states
Americans are finding it hard to afford homes at mortgage levels now beyond 7%, according to some measures. Home prices have begun to reflect that....
Steepest Home-Price Declines in Fourth Quarter Were in the West: WSJ
U.S. home prices rose in the fourth quarter from a year earlier, but once-booming West Coast markets were among a growing number of metro areas...
Home flipping profits drop at fastest pace in over a decade
As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is...