Page 38 - Hillary Hoffower News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Millennials are having buyer's remorse for financial reasons, citing hidden homeownership costs and overpaying for a house as reason for their regret.

NYC's next chapter is beginning. The economy is open, its finances are healing, and the Garden crowd is loud. The "new" New York is set to thrive.

From home improvement to at-home hobbies, Americans aren't giving up homebody buying. It's set to join the experience economy that defined the 2010s.

Rob Lowe says Meghan Markle and Prince Harry's move to Montecito, California, means 'the neighborhood is never going to be the same' INSIDER 3 hrs ago asyed@businessinsider.com (Armani Syed) © Paul Archuleta/Getty Images, CBS Rob Lowe at Universal Studios Hollywood, left, and Meghan Markle and Prince Harry during a sit-down interview with Oprah Winfrey. Paul Archuleta/Getty Images, CBS Rob Lowe said Meghan Markle and Prince Harry brought a lot of attention to Montecito, California. Lowe told E! News' "Daily Pop" that "the neighborhood is never going to be the same." The a...

Consumer spending accounts for 70% of the American economy, and half of that is from the top 10% of American households, per estimates from Goldman Sachs and Deutsche Bank, respectively. That means about one-third of US GDP comes from spending by the top 10%. Higher-income households are "key to driving the recovery in consumption," as UBS strategist Keith Parker wrote in a March note. Those earning over $80,000 annually expect to increase their spending more than low- and middle-income earners, per a follow-up UBS note. Americans are currently sitting on $2.6 trillion in excess savings, per ...