The U. S. housing market is feeling the pinch. Home sales in May barely budged, rising just 0. 8% from April. This sluggish pace is the slowest for May since 2009, a year when the market was still recovering from a major crash. Compared to last year, sales dropped by 0. 7%, showing that the housing
Bitcoin is a hot topic in finance and tech, sparking interest from investors and enthusiasts alike. To truly understand this digital currency, one must grasp the elements that sway its price. The value of bitcoin is not static; it's influenced by several key factors. The basic law of economics,
The job market is buzzing with activity from an unexpected group: federal employees. Many of these workers are from agencies that faced major cuts under the Trump administration. These agencies include the Consumer Financial Protection Bureau and the U. S. Agency for International Development. Th
In the world of stocks, things can get pretty confusing. On a recent Thursday, the Asia-Pacific markets were all over the place. This happened after a report from the U. S. showed that inflation wasn't as bad as some people thought. This report helped two out of three major stock indexes in the U. S
As 2024 comes to an end, the final jobs report is set to be released on Friday. This report can give us a hint at what 2025 might look like for jobs. In 2024, job growth started slowing down a bit. The US added about 180, 000 jobs each month, which is similar to the pace in the years before the pand
The Hamptons, a ritzy beach area in New York, has seen a big drop in luxury home sales. In 2024, the top 10 sales brought in $327 million, way down from $511 million in 2023. What's behind this slump? Experts say it might be due to high prices and not enough upgrades in these old mansions. Celebriti
The Federal Reserve is gearing up for another rate cut, which could mean lower interest rates on your credit cards, home loans, and car loans. This will be the third rate cut since September, bringing the total drop to 1 percentage point. While borrowers may celebrate, things get trickier for savers
In recent times, some blue state governors have been very vocal about their opposition to certain policies, even forming groups to resist them. California, Illinois, New Jersey, New York, and Massachusetts have been at the forefront of this movement. But there's a catch. People are leaving these sta
Healthcare is a big deal in the European Union (EU). It's one of the most critical parts of the public economy. To understand and predict how much money is spent on healthcare, researchers use different mathematical methods to create models. These models help spot trends and make future predictions.
Remember Alan Greenspan? He steered the Federal Reserve during the 1995 rate cut, which led to a unique bond selloff. Recently, a similar event occurred when the Fed started cutting interest rates again. This time, two-year U. S. government bond yields rose by 34 basis points after the September rat
