Economy
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Young, affluent professionals are leaving New York and California. – Discover where they’re relocating to
Florida isn’t just a retirement haven; it’s also drawing in a substantial number of young and affluent newcomers. Florida tops…
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The Federal Reserve plans to raise interest rates more to reduce inflation
The Chairman of the US Federal Reserve has stated that the central bank will keep increasing interest rates “as deemed…
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President Biden’s new student loan plan will lower payments for millions, says the White House
(Reuters ) – On Tuesday, the Biden administration announced a comprehensive revamp of student loan repayment options, aiming to enhance…
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Latest FTC data reveals that consumers suffered losses of almost $8.8 billion due to scams in 2022
Recently published data from the Federal Trade Commission reveals that consumers registered losses of nearly $8.8 billion due to fraudulent…
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The US housing market reaches a record value of $47 trillion due to low inventory causing prices to soar
Redfin has reported that the US housing market recently achieved a remarkable milestone, reaching an unprecedented valuation of $47 trillion.…
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U.S. Mortgage Rates Surge, Nearing 22-Year High Set In November
On Wednesday, the average U.S. 30-year mortgage rate surged to its highest point in nine months. This increase marked the…
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Wealthy Young American Investors Turn to Alternative Assets Amidst Doubts in Traditional Markets
A new surge of investors is moving away from traditional stocks and bonds, choosing instead to explore alternative assets. According…
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US trucking giant Yellow shuts down, leaving 30,000 people jobless
Yellow Corp., a long-established trucking company with 99 years of history, has ceased operations on Sunday and is unfortunately laying…
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Retirement Confidence Among Americans Has Hit An All-Time Low
According to a recent research released this week, there was a significant decline in the percentage of Americans who believe…
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What are the reasons behind the decline in people purchasing vacation homes?
In early 2020, when the pandemic began, there was a significant surge in demand for second homes. Many affluent individuals…
