Unaffordable Utah: Mortgage rates climb again as buyers look for price reductions
Housing market whiplash is setting in across the Beehive State as last year's buying frenzy has given way to a slowdown and signs of a recession.
Source: ksl.com
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Wells Fargo Economist: Housing Market 'Worse Than It Looks'
The senior economist for one of the nation’s largest financial institutions says the U.S. housing market is in far worse shape than many in the industry realize. Wells Fargo Senior Economist Mark Vitner told the San Francisco Business Times that it’s only a matter of time before the true nature of the market is revealed.
Source: nationalmortgageprofessional.com
U.S. labor market defies interest rate hikes as job openings rise high in July
WASHINGTON (Reuters) - U.S. job openings increased in July and data for the prior month was revised sharply hi...
Source: 1470wmbd.com
Economists: Wage growth remains strong but can't match inflation
The good news is that the upward pressure on wages is expected to continue for a while. The bad news is that the pay increases aren't enough to match inflation, according to economists.
Source: ksl.com
Here's How Markets Reacted To Pelosi's Taiwan Trip
Both U.S. and global stock indexes are down early Tuesday following Speaker of the House Nancy Pelosi's arrival in Taiwan.
Source: dailycaller.com