Economics

Indicators

US Retail Sales Dip in October, But It Could’ve Been Worse

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According to the US Commerce Department released Wednesday, retail sales dipped slightly month-over-month in October, falling just 0.1%.

2 min read

(Photo by Blake Wisz on Unsplash)

Economics

Small Businesses Stall Amid Higher-for-Longer Interest Rates

In a Goldman Sachs survey of more than 1,200 small businesses, 53% said they can’t afford to take out loans at their current rates.

1 min read
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Inflation & Prices

Low-Wage Workers Are Losing Their Leverage

Thanks to high demand for low-paying jobs in recent years, workers had plenty of leverage for bigger salaries and better perks.

2 min read
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International Economics

Japan’s Central Bank Has an Unusual Foe: Inflation

After decades of trying — and failing — to stoke inflation, Japan has finally been gifted steadily rising prices.

2 min read

Real Estate

Private Equity Giant Starts a Vacation-Rental Side Hustle

(Photo by Allison Huang on Unsplash)

TPG, a San Francisco-based investment firm, has begun purchasing single-family homes in Florida tourist destinations.

2 min read

Economics

The Economy is Expected to Slow, Someday

(Photo by Blake Wisz on Unsplash)

The third quarter likely saw strong economic growth, which sounds like good news — unless you’re rooting for lower interest rates.

1 min read

Economics

US Consumers Are Falling Behind on Their Car Loans

(Photo Credit: Denys Nevozhai/Unsplash)

US drivers are late on their car loan payments at the highest rates on record, and the trend might not go away anytime soon.

1 min read

Photo by Tom Rumble on Unsplash

Power Corridor

The Great Housing Crisis

As housing prices reach record highs nationwide – against quite a few forecasts at the start of the year – buying a home is now completely unaffordable in most parts of the country for the average American.

3 min read
Photo by Kleomenis Spyroglou on Unsplash

OP-ED | Power Corridor

The Fatalist U.S Consumer

Americans are going to shop until they drop – Inflation and interest rates are up, the labor market is cooling, the pumpkins are out and the Halloween Federal Reserve meeting is nigh.

1 min read
(Photo Credit: Joshue Hoehne/Unsplash)

Personal Finance

Hiring Slowdowns Have MBA Grads Scrambling for a Plan B

With economic uncertainty looming over the finance industry, a handful of the most popular firms have cut back their MBA hiring efforts.

2 min read

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