114,000 jobs added and unemployment rises in the US in July... The Department of Labor announced that the United States added 114,000 new jobs and an unemployment rate of 4.3%, breaking all forecasts
More than half of Americans say they do not have enough savings for retirement: survey... In the midst of a high and sustained inflation rate, Americans who are already approaching their retirement stage anticipate that they do not have enough savings for a decent retirement
US consumer spending fell at an annualized rate of 0.8 percent... American consumers remain cautious about spending on goods and services, even though inflation is showing signs of slowing
Mortgage rates in the US rise close to 7% for the third consecutive week... By the end of the second week of August, the US 30-year fixed mortgage rate increased to 6.96%, further prolonging the challenges that this represents for the real estate market.
The Biden Administration Announced New Actions To Make Housing More Affordable... The new actions announced by the Biden Administration are aimed at lowering housing costs and protecting tenants
US Mortgage Rates Drop for First Time in a Month... As inflation shows signs of cooling, mortgage rates in the United States begin to decrease; however, specialists consider that this drop may be temporary.
Home prices will fall 1.2% this year, according to a new analysis... Analysts at Fannie Mae forecast that by 2024 the cost of homes will have declined 2.2%, despite the lack of inventory and the strong demand continue to drive prices.
Economic growth in the US was faster than expected in the first quarter... The report by the Department of Commerce showed that Americans spent more on services and less on goods during the first months of the year
Biden Puts the Economy at the Center of His 2024 Election Campaign... President Joe Biden is promoting biden omics, a policy of boosting the economy focused on the middle class that will be a centerpiece of his campaign in the 2024 elections.
Retailers fear that the resumption of student loan payments will represent a big drop in their sales... With student loan payments resuming this fall, many brands and retailers say the discretionary spending budgets of at least 44 million borrowers will shrink.
International Day of Family Remittances: Mexico leads the list as the largest recipient in Latin America... More than $58 billion dollars were sent to Mexico in remittances in 2022. Guatemala, Honduras and Brazil are also part of the list of the main countries in Latin America
Grubhub announced the layoff of 400 corporate employees... The executive director of the food delivery brand, Howard Migdal, explained that high prices and decreased sales have affected the company.
