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Friday, May 17, 2024
5 charts that show how the Fed’s war on inflation has frozen the housing market

5 charts that show how the Fed’s war on inflation has...

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The Federal Reserve aggressively raised interest rates during the pandemic to cool inflation.But the rate hikes caused some mortgage lenders to raise their rates, as well.This has kept housing costs high while supply remains strained. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app…
The fastest-growing and shrinking counties in the US

The fastest-growing and shrinking counties in the US

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Newly published estimates for counties showed how population growth changed from 2022 to 2023.Among counties with at least 20,000 people, Kaufman County in Texas was growing the quickest.There was an uptick in counties with population gains, a Census Bureau press release noted. Thanks for signing up! Access your favorite topics in a personalized feed while…
The IRS’s free tax filing system is officially open. Here’s everything you need to know.

The IRS’s free tax filing system is officially open. Here’s everything...

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The IRS is launching a Direct File tax program, offering free tax filing to residents of 12 states.Direct File is a result of President Biden's 2022 Inflation Reduction Act.The program may benefit 19 million taxpayers this spring, with the average taxpayer saving $160. Thanks for signing up! Access your favorite topics in a personalized feed…
The pandemic forced many women to leave their jobs. Hybrid work is bringing them back.

The pandemic forced many women to leave their jobs. Hybrid work...

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Women are rapidly rejoining the labor force, boosting the economy.A rise in remote and hybrid jobs has allowed many women to seek higher-income roles. A narrowing of gender labor force gap since 2019 has added about $1.5 trillion to global income. Thanks for signing up! Access your favorite topics in a personalized feed while you're on…
Here’s how long it would take to build enough homes to fix the housing crisis

Here’s how long it would take to build enough homes to...

It's no secret there's a housing shortage in the US, and it's not likely to get better any time soon. Hannah Jones, senior economic research analyst for Realtor.com, told Business Insider this year "will still be a challenging housing market.""Buyers are seeing less home inventory, less homes for sale in the market, and sellers are…
The 15 US cities where your money goes the furthest

The 15 US cities where your money goes the furthest

An analysis from RentCafe indicated how far renters' income can go in 189 US places.RentCafe ranked cities based on income, rent, and expenses, including food.Sunnyvale, CA, had the highest score and the largest monthly income among the places in the analysis. Thanks for signing up! Access your favorite topics in a personalized feed while you're…
The jobs where you don’t need a bachelor’s degree

The jobs where you don’t need a bachelor’s degree

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Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app A new analysis from career-site Indeed showed many occupations had a large share of job postings not mention specific education requirements, such as for retail or nursing.The chart below, based on Indeed data that was…
Fewer jobs require a college degree. Here’s what employers are looking for instead.

Fewer jobs require a college degree. Here’s what employers are looking...

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That's according to a new report from career-site Indeed analyzing educational requirements in US job postings since January 2019. The report also noted that 87% of the 47 occupational sectors looked at had fewer postings with bachelor's degree or higher educational requirements than in January 2019.As employers shift from formal educational requirements to skills-first hiring,…
3 signs the economy is thriving — and 3 red flags to monitor

3 signs the economy is thriving — and 3 red flags...

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Some economists think the US is well on its way to achieving the much-anticipated "soft landing." But there are warning signs still pointing to economic struggles down the line.Barclays' Marc Giannoni, LinkedIn's Karin Kimbrough, and Charles Schwab's Liz Ann Sonders spoke at an NYU Stern Economic Outlook Forum earlier this month.Giannoni said Barclays expects "activity…
The 10 big US cities with the worst ‘singles tax’ on renters living alone

The 10 big US cities with the worst ‘singles tax’ on...

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The "singles tax" for solo renters has increased to an annual average of $7,110.New York City has the highest singles tax among major cities analyzed in a recent Zillow analysis.Zillow's Emily McDonald said the rental market is "normalizing," but affordability is an issue. Thanks for signing up! Access your favorite topics in a personalized feed…

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