Housing affordability in America is right around all-time lows. The percent of median income needed to buy a median-priced home now far exceeding traditional affordability benchmarks. According to this article
Like the first crisp breeze that signals summer’s end, the Federal Reserve’s decision to lower the overnight interest rate on Wednesday suggests a chill in the economic air, one marked by growing concern over the labor market.
At the core of economic growth are two main factors: population growth and productivity. All else equal, a larger population enables more production and consumption, but the quality and skills of the workforce are equally important. When output per hour rises due to higher productivity, the cost per unit tends to fall, potentially driving down prices and increasing consumption, espe
The calendar has turned, and we find ourselves on the backside of Labor Day. Halloween, however, is nearly two months away. America finds itself in a sort of doldrums. Summer is unofficially over, yet the holiday season has not arrived. Many Americans resort to Pumpkin Spice Lattes (PSL) as a way of taking the edge off of this uneventful period. If that’s you
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