Single-family homes are seeing a significant drop in price, depending on where you look. The National Association of Realtors claims some of the most expensive cities to buy a home are now seeing a substantial drop in price, including cities in California. Homes in San Francisco are seeing an average price of one-point-two-three million dollars, which is actually down over six percent from last year. San Jose, Los Angeles, and Boulder also saw decreases.
MORMON CHURCH FINED
The Church of Jesus Christ of Latter-Day Saints must pay the SEC $5 million dollars in a regulatory settlement. The SEC accused Ensign Peak Advisors and the Mormon Church of misleading the public by not disclosing a major investment fund it had in place. That fund is valued at around $32 billion dollars. The church released a statement after the settlement saying "we affirm our commitment to comply with the law, and now consider this matter closed."
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.
With buildings responsible for over 40% of emissions worldwide, the CEO of Kelvin breaks down how its technology can be used to retrofit traditional radiators.
After battling inflation for years, now U.S. consumers have to prepare for stagflation, and, unfortunately, it could be more complicated to fix than a typical
