by Christine Moukazis | Jul 14, 2022 | Latest News
The average price of a rental apartment in Manhattan surged above $5,000 in June for the first time, hitting $5,058, according to a report from brokerage firm Douglas Elliman out Thursday. Why it matters: Manhattan is ultra-expensive — typically an outlier — but in...
by Christine Moukazis | Jul 13, 2022 | Latest News
Worker stress is continuing to ramp up, and a new report shows that for the first time in decades, job satisfaction has become stagnant. According to Gallup’s annual State of the Global Workplace report, 60% of employees stated they felt detached from their jobs last...
by Christine Moukazis | Jul 13, 2022 | Latest News
The hottest inflation in four decades will force the Federal Reserve to take such extreme actions to tame prices that policymakers advertently drag the U.S. economy into a deep recession, according to Bank of America analysts. In a Friday note, the bank’s...
by Christine Moukazis | Jul 13, 2022 | Latest News
Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday. The consumer price index, a broad measure of everyday goods and services related to the cost of...
by Christine Moukazis | Jul 13, 2022 | Latest News
Sundar Pichai, boss of Google and its parent Alphabet, told employees to “be more entrepreneurial” and work with “more hunger” in a staff-wide email that warned of consolidation, several news outlets reported. Citing the “uncertain global...
by Christine Moukazis | Jul 13, 2022 | Latest News
In the financial markets, you are admonished when saying, “This time is different.” Experienced Wall Street professionals and economists look to the past to plan for the future. Most often than not, history repeats itself—or at least rhymes. This time may be...
by Christine Moukazis | Jul 12, 2022 | Latest News
Fuelled by hype and hysteria, the market in bitcoin and other cryptocurrencies went from an obscure niche to a $3tn industry. Then the house of cards collapsed In the gloom of an 18th-century drawing room at the private rehab clinic Castle Craig, near Peebles in the...
by Christine Moukazis | Jul 12, 2022 | Latest News
Homebuyers are backing out of property purchase deals at a level not seen since the beginning of the COVID-19 pandemic, according to data from Redfin. What Happened: Approximately 60,000 home-purchase agreements were terminated during June, which is the equivalent of...
by Christine Moukazis | Jul 12, 2022 | Latest News
With COVID-anxiety having waned, America’s leaders need something to stoke the fear and make us more malleable. In the case of New York City, it appears they turned the fearmongery up to ’11’ this week as they launched a nuclear attack preparedness...
by Christine Moukazis | Jul 12, 2022 | Latest News
Here’s a sad statistic: 45% of people say they haven’t felt true happiness for more than two years, according to a recent Oracle report that surveyed more than 12,000 people. Perhaps worse, 25% say don’t know, or have forgotten, what it means to feel...
