Economics

Consumer

New York City’s Airbnb Ban is Driving Up Hotel Prices

Photo by Dan Soriano via Unsplash

New York City put the kibosh on Airbnb. Now, hotels prices are skyrocketing this holiday season amid soaring demand.

1 min read

Photo by Jason Briscoe via Unsplash

Personal Finance

More Americans Than Ever Own Stocks

In 2022, 58% of Americans held stocks, according to a recent poll from the Federal Reserve. It’s the highest mark ever.

1 min read
Photo by Paolo V via CC BY 2.0

Economics

The Experience Economy is Thriving in the Post-Covid World

During the pandemic, consumers splurged on new cars, computers, and furniture, but the post-covid economy has seen a rise in spending on experiences,…

5 min read
Photo by Phil Hearing via Unsplash

Inflation & Prices

Falling Housing Costs May Start Cooling Off Overall Inflation

While housing prices have skyrocketed in the past two years, the new year may bring a welcome relief to renters.

2 min read

Real Estate

Wyndham Hotels Faces Hostile Takeover Campaign from Choice Hotels

Photo by Harrison Keely via CC BY 4.0

After numerous failed attempts at a friendly merger, Choice Hotels has launched a hostile takeover campaign for Wyndham.

1 min read

International Economics

China’s Financial Woes Grow as Moody’s Lowers Credit Outlook

Photo by Yan Ke via Unsplash

Moody’s Investors Service cut its outlook for China’s credit rating to negative from stable due to crushing debt at the local level.

2 min read

Real Estate

Florida Developers Still See Building Wooden Homes as a Good Idea

All along Florida’s waterfront, developers are continuing to build cheaper wood-frame homes and apartments, The Wall Street Journal reported.

1 min read
Photo by Tim Mossholder via Unsplash

Indicators

As Job Market Cools, Small Businesses Scramble for Employees

As the country’s largest companies have begun slowing down hiring, small businesses are hanging up “Help Wanted” signs at a record pace.

2 min read
Photo by Federal Reserve Board of Governors under Public Domain Mark 1.0

Inflation & Prices

Deflation Begins to Hit Durable Goods

Slowing inflation usually means prices are rising, just not as fast as before. But now there is actual deflation.

2 min read

Real Estate

HOA Fees Are Adding to the Housing Affordability Problem

Photo by Dillon Kydd via Unsplash

Prospective homebuyers face limited supply, historically high mortgage rates, plus increasingly high homeowners association fees.

2 min read

(Photo by Quan Nguyen via Unsplash)

Advisor Upside

Billionaires Inherit More Wealth Than They Make

Newly minted billionaires got more of their money from inheritance than, well, making money, according to UBS.

1 min read
Power Corridor

Risk On…Despite Everything?

Interest rates and risk appetite to set the table for 2024…

2 min read
Photo by Burst on Pexels

OP-ED | Power Corridor

U.S. Holiday Spending Smashes Records, But Cash Crunch Seen Ahead

Signs are mounting that consumers are finally feeling the pinch.

1 min read

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