Wage growth slowing sharply in US, Indeed says
Breitbart’s John Carney and economist Joe Lavogna react to Kudlow’s jobs report. we wage growth The pace has slowed sharply over the past year and is on pace to return to pre-pandemic levels by early 2024, according to new data from careers site Indeed. A wage tracking study based on job ad salaries on Indeed […]
Used car prices drop for second straight month
Michelle Girard, Head of US NatWest Markets, provides insights on the labor market in Kudrow. US used-car prices fell for the second month in a row in May, giving new-car buyers a touch of relief. Last month’s latest Mannheim Used Car Value Index fell to 224.5, down 2.7% from 230.8 in April and down 7.6% […]
FAA delays flights for 5 major US airports so far, as Canada wildfire smoke impacts visibility
The FAA on Wednesday issued a ground stop order for major airports in New York City. The Federal Aviation Administration (FAA) said on Thursday that smoke from wildfires in Canada is affecting viability and deteriorating air quality across the northeast, so far in the United States. Delayed flights at 5 airports. As of 9:20 a.m. […]
Global economy faces ‘long road’ to recovery, OECD warns
Michelle Girard, Head of US NatWest Markets, provides insights on the labor market in Kudrow. of world economy The OECD said it was facing a long and fragile recovery from the COVID-19 pandemic and the aftermath of Russia’s war in Ukraine, hobbled by chronic inflation and rising interest rates. In its latest economic outlook released […]
Mortgage demand drops again as interest rates remain elevated
Mitch Rochelle, Managing Director of Madison Ventures Plus, discusses whether a new FHA mortgage scheme to help struggling homeowners is a good idea at Varney & Co. A key measure of home purchase applications fell again last week as consumer demand cooled on higher mortgage rates. Home Loan Bankers Association (MBA) Index Mortgage application It […]
Commercial real estate crash still looming over US economy
Real Estate Entrepreneur Jeff Green Addresses Fears of Commercial Real Estate Collapse in “Klaman Countdown” commercial threat real estate market A crash is imminent in the already fragile US economy. About $1.5 trillion in commercial mortgage debt is due by the end of 2025, but rising borrowing costs, tighter credit conditions and falling real estate […]
World Bank warns global economy to slow sharply amid higher interest rates
CFA Penn Mutual Asset Management CIO Mark Hepenstall Discusses Consumer Price Index Reports, U.S. Recession Risks and the Outlook for the Labor Market as Companies Begin a Wave of Job Cuts . The World Bank said on Tuesday: global economic growth The economy slowed sharply in the face of rising interest rates, chronic inflation and […]
‘Great migration’ continues as more Americans flee to Florida, Texas
FOX News contributor Jonas Max Ferris and Quill Intelligence CEO Daniel DiMartino discuss the demographic exodus from Democratic to Republican states over taxes, cost of living and crime on “Kabuto Live.” Population outflow from high tax states continues. An increasing number of Americans are immigrating from blue-majority states. high taxes From red states like California […]
Chicago Walgreens redesigned with only 2 aisles available for browsing, the rest behind counters: report
Joe Budano, CEO of Indyme Solutions, on the rise in retail theft and how his company’s self-service lockable merchandise cases are improving the customer experience while deterring retail thefts I will talk about A Walgreens store in Chicago was reportedly redesigned to allow customers to browse only two aisles of merchandise after going through anti-theft […]
Costco CFO says customers switching from beef and steak to cheaper meats may indicate looming recession
Stifel Financial Chief Economist Lindsay Piegza and The Fitzgerald Group Principal Keith Fitzgerald In “The Klaman Countdown” Strong May Jobs Data Will Lead to Fed’s Next Interest Rate Decision Discuss what impact it might have. Costco Chief Financial Officer Richard Guaranti said late last month that some customers were buying more expensive meats such as […]
