114,000 jobs added and unemployment rises in the US in July... The Department of Labor announced that the United States added 114,000 new jobs and an unemployment rate of 4.3%, breaking all forecasts
More than half of Americans say they do not have enough savings for retirement: survey... In the midst of a high and sustained inflation rate, Americans who are already approaching their retirement stage anticipate that they do not have enough savings for a decent retirement
US consumer spending fell at an annualized rate of 0.8 percent... American consumers remain cautious about spending on goods and services, even though inflation is showing signs of slowing
Mortgage rates in the US rise close to 7% for the third consecutive week... By the end of the second week of August, the US 30-year fixed mortgage rate increased to 6.96%, further prolonging the challenges that this represents for the real estate market.
US Mortgage Rates Drop for First Time in a Month... As inflation shows signs of cooling, mortgage rates in the United States begin to decrease; however, specialists consider that this drop may be temporary.
US home construction fell 8% in June... High construction costs plus rising 7% mortgage rates pose a big hurdle for homebuilders this year.
Mexican peso opens strongly against the dollar for the second week... The Mexican peso maintains its winning streak against the United States dollar, opening the week with a slight gain compared to last week, when it already had broken the barrier
Home prices will fall 1.2% this year, according to a new analysis... Analysts at Fannie Mae forecast that by 2024 the cost of homes will have declined 2.2%, despite the lack of inventory and the strong demand continue to drive prices.
Economic growth in the US was faster than expected in the first quarter... The report by the Department of Commerce showed that Americans spent more on services and less on goods during the first months of the year
The Fed weighs ways to improve bank supervision before and during a financial crisis... Following the collapse of three large banks, Michael Barr vice president of supervision at the Federal Reserve argues that it is important to streamline regulatory approaches.
UnidosUS Announces New Program to Help 4 Million Latinos Homeownership by 2030... UnidosUS, formerly known as the National Council of La Raza, announced Wednesday its HOME program aimed at making it easier for 4 million Latinos to own homes in the US:
Borrowing money in the United States is becoming more difficult: why... The deterioration of the value of the guarantees, the economic uncertainty, among other factors are making lenders tighten their lending regulations even more
More US banks are tightening their lending standards, according to a new Fed report... The president of the Federal Reserve, Jerome Powell, had already anticipated that credit conditions would become more stringent for households and companies
Americans Brace for Higher Inflation in Coming Years, Fed Survey Says... Although the Federal Reserve is doing its part to control inflation and bring it to 2%, many Americans assure that in the coming years the prices of some services will
About 50% of Generation Z in the US are not satisfied with their salary, according to a survey... Respondents said they needed to earn more than $125,000, while millennials said they would be fine if they had $121,000 in income
Wages in the US increase 1.2% in the first quarter of 2023: what it means for the Fed... The results of the Employment Cost Index, published this Friday, show that wages and labor costs for companies continue to exert pressure on inflation
Natural Christmas trees in the US, increasingly scarce and more expensive... If you have not yet bought your Christmas tree and you are thinking of a natural one, be prepared to spend more than you had budgeted, because as with almost
Consumers spend and pay despite high rates and recession threats, Bank of America report says... Bank of America's quarterly earnings report shows that if there is a recession, it has yet to reach the budgets of millions of Americans, whose spending remains resilient despite high
How to use your rewards credit card to fight inflation... There are many credit cards that offer rewards, bonuses, or discounts just for using them, but if not used correctly, users could go deeper into debt
