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US Home Prices Are Accelerating At Their Fastest Pace In 2 Years

Case-Shiller reported a 5.18% YoY gain - the fastest pace of acceleration since August 2018.

  • Oct 27, 2020 9:08 AM

Iconic Barbershop In NYC's East Village Closes After 73 Years In Business Due To COVID

Astor Place hairstylists is closing down after losing 90% of its business...
 

  • Oct 26, 2020 3:50 PM

Why Debt-To-Income Ratios Are Worse Than They Appear

... despite low debt-to-income ratios, the percentage of government transfer payments (social benefits) now comprises 1/4th of real disposable incomes. 

  • Oct 26, 2020 10:55 AM

Americans Are Arming Themselves With Military Gear At Record Rates Heading Into The Election

“It doesn’t matter who gets elected. They think that no matter who wins, Biden or Trump, there are going to be people who are upset about the result.”

  • Oct 25, 2020 4:00 PM

Wells Fargo Reverses Course On Ending 401(k) Match After "Swift Backlash" From Affected Employees

The affected employees earn more than $250,000 per year, the report notes, and the cut was supposed to be part of a plan to shift the bank's focus to its lower paid employees...

  • Oct 25, 2020 9:55 AM

Housing Market Goes Nuts, Everyone Sees It, But It Can't Last

There’s a housing shortage until there’s suddenly a housing glut: see San Francisco et al...

  • Oct 24, 2020 5:30 PM

New Data Reveals Just How Many Americans Temporarily Moved To Escape Pandemic 

"Over the past several months, we've seen an influx of renters in the Hamptons..." 

  • Oct 24, 2020 2:00 PM

Million New Yorkers Can't Afford Food As Hunger Crisis Worsens

"We have done disasters before, but nothing is even close to what we are doing now." 

 

 

  • Oct 21, 2020 9:45 AM

Suburban Rents Rise As Urbanization Trend Reverses 

People just want to escape the city...

  • Oct 21, 2020 9:11 AM

"January Is Going To Be A Mess" - A Tsunami Of Evictions Expected Across US

"If it weren't for the CDC ban, my kids and I would be homeless." 

 

 

  • Oct 20, 2020 3:35 PM

Goldman: Even More Job Losses Coming As A Result Of M&A

Strategists at Wall Street mega-bank Goldman Sachs are predicting a wave of mergers and acquisitions that will lead to even more job losses than the economy has already sustained as a result of the pandemic...
 

  • Oct 20, 2020 11:20 AM

Single-Family Housing Starts/Permits Soar To Highest Since 2007

If we build it, will they come?

  • Oct 20, 2020 8:37 AM

Greenwich Home Sales Have Best Quarter "In A Decade" As New York City Exodus Continues

“This could last a while. I don’t see what it is that could turn this on its head.”

  • Oct 19, 2020 9:20 PM

Struggling AMC Offers Pandemic Special: Rent An Entire Theater For Just $99

Depending on the movie, each private screening could range between $99-$349... 

 

 

 

 

  • Oct 19, 2020 6:40 PM

Many Americans Are Now Planning To "Bug Out" Ahead Of Election Day As Authorities Brace For Chaos

Will you be safe where you currently are if the election results cause chaos to erupt in the streets of our major cities?

  • Oct 19, 2020 5:01 PM

TSA Passenger Traffic Tops One Million Sunday As Return To Normalcy Continues 

Is this as good as it gets?

  • Oct 19, 2020 3:35 PM

America's Stimulus & Debt-Deferral Economy Exposes The Surreality Behind The Rise In Retail Sales

...money not spent...

  • Oct 18, 2020 1:40 PM

The Illusion Is Failing

Trust in the system is vanishing fast...

  • Oct 17, 2020 7:30 PM

Fall Enrollment Slides As Coronavirus Threatens Higher-Education Bubble

"Empty seats are inflicting financial damage on colleges..." 

 

 

  • Oct 16, 2020 8:30 PM

UMich Sentiment Improves, Survey Finds "Slight Advantage" For Trump Among Independents

Most elections are decided by those who are non-aligned with either party; the views of Independents remained unchanged and nearly equal, giving Trump a slight advantage of 2 or 3 points...

  • Oct 16, 2020 10:09 AM

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