A report from the Philadelphia Inquirer in Pennsylvania. "Student loan payments resume this month, and millions of borrowers across the region are rearranging their budgets. Kenneth Blair Jr. is increasingly anxious as his payment due date approaches. 'My payments are…
A weekend topic starting with Bloomberg. "A changing of the guard among the biggest buyers of US Treasuries has Wall Street veterans bracing for further pain in the world’s largest bond market. Increasingly absent are steady-handed investors including foreign governments,…
It's Friday desk clearing time for this blogger. "When Neil Harris moved his family to Miami from Tennessee in 2020 during Covid, he signed a $29,500-a-month lease for a beachfront apartment that he said was 'well worth it.' In April,…
A report from the Boston Globe. "The short-term rental platform Airbnb has come a long way from its 2007 roots. A glut of listings — and a range of hosting types to match — has driven some communities to institute…
A report from the Atlanta Journal Constitution. "The metro Atlanta housing market stumbled in September under the weight of the highest mortgage rates since 2000. 'There has been a fairly significant drop-off from last year,' John Ryan, chief marketing officer…
A report from the Ahwatukee Foothills News in Arizona. "The Valley housing market is steadily becoming more favorable to buyers as it enters the final quarter of 2023, according to a leading analyst of the local real estate scene. 'We…
A report from KELO. "Building permits issued in South Dakota in the second quarter of 2023 were down 37% from the previous year, said Aaron Scholl, assistant professor of economics at Northern State University in Aberdeen. That’s more than twice…
A weekend topic starting with Reuters. "As developer China Evergrande Group lurched from one crisis to another over the past two years, Beijing avoided directly intervening to rescue what was not too long ago considered one of the country's 'too…
A weekend topic starting with Newsweek. "Last month, Fed Chair Jerome Powell and policymakers suggested the federal funds rate would stay above 5 percent through next year and could begin to come down to a little under four percent in…
It's Friday desk clearing time for this blogger. "Sellers dropped prices on more than a quarter of homes listed for sale in the Seattle area in September, slightly higher than the national average, according to Zillow. To entice buyers, Town…