For a second straight quarter, the gross domestic product (GDP) of the United States fell, the typical definition of a recession. Due to the rising fears of a recession, companies have reduced their job openings, and there is a possibility some people will be getting laid off in the near future.
by Matin VarshochiSince the beginning of the COVID-19 pandemic, many people took advantage of the low-interest rates and decided to purchase a house. As many others had a similar thought process, the demand for housing began to rise.
by Matin VarshochiWhen the COVID-19 pandemic began back in 2020, there were times of uncertainty. One of the main concerns people had was job security. However, many people decided it was time for them to try and explore different opportunities. As millions of people the need to find another job, this led to the Great Resignation.
by Matin VarshochiA study conducted by Oxfam observed the minimum wage workers earn across the country and found that nearly 1/3, or 32% of all workers are compensated at an hourly wage below $15. With the cost of living rising due to the economy's current conditions, now is a crucial time to try and increase your working wage to ensure your disposable income does not lower.
by Matin VarshochiWhen the COVID-19 pandemic initially hit, the majority of employees at some companies began working remotely until they were cleared to return to the office. The integration of work flexibility allowed employees to continue working and earning money while being in the comfort of their homes.
by Matin VarshochiOne of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.
by Matin VarshochiMaking the transition from college to a career can be challenging. But most people make some huge mistakes while making this transition. Here's how to make a seamless transition.
by Shaun MorganIn an attempt to own the social media company, Elon Musk's offer to buy Twitter is around 43 billion dollars. However, the Twitter board has unanimously agreed to adopt a measure called poison pill.
by Sheena AllenBiden Administration announced that federal student loan payments had been paused, again, until August 31, 2022. Although this is the sixth extension, it is essential to look at different ways to begin paying off student loans.
by Sheena AllenThe rise in the number of jobs available caused the unemployment rate to drop to 3.8 percent, down from 6.2 percent in February 2021. As the unemployment rate continues to decline and more people can find jobs.
by Nailah HerbertOverseas events such as the invasion of Ukraine often reach beyond their borders, impacting global financial markets, energy prices, and mortgage rates.
by Pam Hill