Home prices smashed another record in June as sales slump
Orlando-area real estate agent and TikTok creator Freddie Smith talks Florida’s expensive market and his best advice for achieving homeownership. Cost Buying a new home A new report shows it has hit another all-time high. According to data released by the National Association of Realtors, the median sales price of existing homes in the U.S. […]
Housing affordability is getting worse in 2024 battleground states
David Bahnsen, founder and CIO of Bahnsen Group, is examining the real estate market as young homebuyers struggle with the ongoing housing crisis. The cost of buying a home has skyrocketed in recent years, with high mortgage rates and rising home prices putting homeownership out of reach for many Americans. The issue is even more […]
Bud Light falls to No. 3 beer brand more than year after Dylan Mulvaney controversy
Former Anheuser-Busch division president Anson Frerichs responds to Bud Light’s Super Bowl commercial. Modelo Especial, Michelob Ultra, and Bud Light are the top three beers in the U.S. these days. The Wall Street Journal. Modello accounted for 9.7% of beer sales in U.S. stores in the four weeks ended July 6, according to an analysis […]
Trump says he would not fire Powell as Fed chair if he is re-elected
The balance of risks for the Fed is shifting, Nick Timiraos, chief economics reporter at The Wall Street Journal, said on “Craman Countdown.” Republican presidential candidate Donald Trump Federal Reserve Chairman Jerome Powell If he wins the election in November, he will complete his term as head of the central bank. “I would leave it […]
US retail sales unchanged in June, beating forecasts for slight drop
Ironside Macroeconomics Managing Partner Barry Knapp speaks about “The Age of Financialization” during Unbreakable Investor’s “Making Money” town hall. U.S. retail sales were flat in June, signaling a strong underlying trend that could boost second-quarter economic growth forecasts. The Commerce Department’s Census Bureau said Tuesday that retail sales last month were flat, following an upwardly […]
American Airlines passengers stop to grab carry-ons during evacuation, despite orders to ‘leave everything’
The plane was evacuated at San Francisco International Airport after smoke was released from a laptop in checked luggage, local news outlet KTVU Fox 2 reports. Credit: Jan Jankai via Storyful Video taken during the evacuation of an American Airlines plane shows passengers rushing to retrieve their luggage rather than exit the plane after a […]
Top states for business in 2024
Virginia Lt. Governor Winsome Sears talks about campus protests, President Biden’s comments, and the state’s actions amid negotiations between schools and protesters. While there’s a new winner as the best state for business in America, taking the top spot is not an uncommon occurrence. Annual rankings From CNBC All 50 states were scored in 10 […]
These 5 American cities have seen a spike in eviction rates
David Bahnsen, founder and CIO of Bahnsen Group, is examining the real estate market as young homebuyers struggle with the ongoing housing crisis. Residential evictions are on the rise in several major cities across the country as Americans continue to struggle with the cost-of-living crisis. The number of eviction applications filed in the past year […]
Fed’s Powell says officials won’t wait until inflation reaches 2% to cut rates
Gabriela Santos, chief market strategist at JPMorgan Asset Management, analyzes the Fed’s decision-making on “Clamant Countdown.” Chairman of the Federal Reserve System Jerome Powell The Fed chairman said Monday that policymakers are not going to wait until inflation falls to 2% before cutting interest rates. “What that means is that waiting until inflation gets down […]
Fed’s Powell condemns attack on Trump: A ‘sad day for our country’
Powell will take part in a discussion at the Economic Club of Washington, D.C. Federal Reserve Chairman Jerome Powell said on Monday Assassination attempt Former President Donald Trump made the remarks at a rally in Pennsylvania over the weekend. Speaking at the Economic Club of Washington, D.C., Powell said the attack on Trump at a […]