Results for "economy"95 results found.
U.S. Housing Market Starts to Cool Down

Since 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 Varshochi
USD and Euro Near Equal, First Time in 20 Years

The USD and Euro are nearing parity, meaning that their bank notes could be used internationally without a change in purchasing power.

by Matin Varshochi
Millions Regret Leaving Jobs During the Great Resignation

When 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 Varshochi
Americans Rely More on Credit Cards Due to Inflation

The U.S. economy has experienced higher inflation than before, reaching its highest point since 1990. As a result, many Americans are turning to their credit cards to pay for their needed goods and services that have risen in price. Unfortunately, excessive use of credit cards to pay for goods and services can have major financial setbacks.

by Matin Varshochi
Nearly 1/3 of All Workers Paid Less Than $15 per Hour

A 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 Varshochi
Bitcoin Price Falls Below $20,000

On June 18, 2022, Bitcoin’s price dropped under $20,000 for the first time since December 2020. Bitcoin showed a remarkable growth during the COVID-19 pandemic, especially during the lockdown era, with the price of the digital currency surging by 300%. However, as the famous saying goes, “The higher they rise, the harder they fall,” which is what Bitcoin is experiencing.

by Matin Varshochi
U.S. Households Wealth Declines

In the first quarter of 2020, when the COVID-19 pandemic first began, household wealth declined. However, since then, it has continued to rise, until now. A new recent report released by the Federal Reserve looked at the wealth of households and highlighted key financial data regarding where money is rising and falling.

by Matin Varshochi
Factors Leading to a Crypto Bear Market

Over the past couple of weeks, investor confidence has been dropping in both the crypto and stock markets. Moreover, with the current economic climate, many investors have begun offloading most of their investments as there are rising concerns about a potential recession, leading to a crypto bear market.

by Matin Varshochi
Why Homeownership is an Important Wealth Building Factor

Homeownership is one of the most common forms of building wealth.

by Sha'Kreshia Terrell
Four Factors Behind a Possible 2022 U.S. Recession

Currently, due to various domestic and international events going on right now, the United States (U.S.) economy is performing poorly. From high gas prices to even higher inflation rates, some people are speculating the worst.

by Nailah Herbert
The Best Time to Buy a House

One 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 Varshochi
Housing Discrimination Widens the Homeownership Gap for Black Americans

The Black homeownership gap has increased by more than 30% since the height of the pandemic. That is higher than it was 60 years ago when racial discrimination in housing was legal.

by Sha'Kreshia Terrell
How to Start Your Real Estate Investment Journey

Owning an investment property can help you earn incremental cash, increase savings on your tax return and build generational wealth. Read on to learn the four key steps for beginners to buy an investment property.

by Pam Hill
Housing Market Cooling Down Due to High-Interest Rates

Since the COVID-19 pandemic, the housing market has continued to rise in value, although the economy has been in a recession. With the fear and uncertainty of the pandemic, many began purchasing homes, ultimately raising the average house price.

by Matin Varshochi
Rising Median Rent Prices Expected to Pass $2,000 by Summer

During the height of the COVID-19 pandemic, the rental market experienced lower prices due to the economic downturn. However, since the pandemic’s worst days are over, monthly rents are back on the rise.

by Matin Varshochi

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