Economics

Indicators

New Jersey’s Labor Mismatch is a Cautionary Tale for Rest of the US

Photo by Adolfo Félix via Unsplash

New Jersey is a microcosm of the country’s post-pandemic labor struggles — no jobs in some sectors, and too many jobs in others.

2 min read

Photo by Shubham Dhage via Unsplash

Patent Drop

Visa’s Blockchain Efforts Could Give The Tech Better Reputation

Visa wants to make a one-size-fits-all blockchain.

2 min read
Power Corridor

El Niño Ravages Land and Sea, Slamming Markets

Climate change is colliding with another phenomenon called El Niño – and the results are already far-reaching, global, devastating.

6 min read
Photo by Yan Ke via Unsplash

International Economics

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

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
Photo by Dillon Kydd via Unsplash

Real Estate

HOA Fees Are Adding to the Housing Affordability Problem

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

2 min read

Advisor Upside

Billionaires Inherit More Wealth Than They Make

(Photo by Quan Nguyen via Unsplash)

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

1 min read

Indicators

Healthcare Hiring Boom Buoys Job Market

(Photo credit: CDC/Unsplash)

A white-hot healthcare sector powered an much of the job growth in the past six months, according to a Wall Street Journal analysis.

1 min read

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