The average monthly new-mortgage payment is now 52% higher than the average apartment rent

The average monthly new-mortgage payment is now 52% higher than the average apartment rent, per CBRE. The average rent for an apartment is reaching unprecedented levels due to the continuous surge in housing prices and interest rates. According to data from real estate firm CBRE, this marks an all-

25% of America’s “regular rich” — defined as those who make at least $175,000 a year — consider themselves either “very poor,” “poor,” or “getting by but things are tight

25% of America’s “regular rich” — defined as those who make at least $175,000 a year — consider themselves either “very poor,” “poor,” or “getting by but things are tight, per Bloomberg. Almost a third of millionaires in the US now say they're part of the middle class,

74% of Americans say they are stressed about finances

74% of Americans say they are stressed about finances, per CNBC. 67% of Americans say their income isn’t keeping up with inflation, and 42% say their standard of living is declining, per Empower. Gen Z plans to retire the soonest of all generations, at age 54, per Empower. 72%

There has been the highest childhood vaccine exemption rate ever in the US

There has been the highest childhood vaccine exemption rate ever in the US, per the CDC. The Centers for Disease Control and Prevention (CDC) reported on Thursday that the number of children exempted from routine childhood vaccines by their caregivers has reached an all-time high, posing a potential risk

The housing market has hit 'rock bottom' and the sales slump will last a long time

The housing market has hit 'rock bottom' and the sales slump will last a long time, per Redfin CEO. The US market, dominated by 30-year mortgages, is effectively frozen as homeowners with low rates are reluctant to sell and buyers are squeezed, per Bloomberg. 93% of homebuyers

George Santos has officially been expelled from U.S. House

On Friday, the House voted to expel Republican Rep. George Santos of New York following a damning ethics report that accused him of misusing campaign donations, making him the sixth member in the chamber's history to face expulsion. The vote, requiring support from two-thirds of the House,

President Biden gets community noted on inflation

President Biden strongly criticized corporate "price gouging" this week in a more forceful manner, signaling a renewed administration effort to address widespread voter dissatisfaction with the economy as the upcoming election approaches. After weeks of internal meetings led by White House Chief of Staff Jeff Zients, Biden'

Massachusetts has become the second US state to report a large uptick in the number of child pneumonia cases amid a mysterious viral outbreak in China

Massachusetts has become the second US state to report a large uptick in the number of child pneumonia cases amid a mysterious viral outbreak in China, per NYP. Physicians in Massachusetts have observed a surge in cases, coinciding with Ohio reporting sufficient cases to meet its outbreak criteria. However, doctors

92% of Americans are cutting back on their overall spending in some way

92% of Americans are cutting back on their overall spending in some way, per CNBC. America's headed for an interest payment crisis, per Newsweek. Read full article: https://www.newsweek.com/americas-interest-payment-crisis-national-debt-rise-33-trillion-economy-challenges-1838011#:~:text=A%20Closer%20Look%20at%

64% of Americans would quit their job tomorrow if money wasn't an object

If money were no object, 64% of Americans would quit their job tomorrow, per Empower. 62% of Millennials say they’re willing to pay $7 for a daily coffee because of the joy it brings, per Empower. 67% of Americans say their income isn’t keeping up with inflation, and

Florida had some of the worst ACT scores in the nation this year

Florida had some of the worst ACT scores in the nation this year. ACT test scores fall to lowest levels in 32 years, per Axios. The 2023 composite score, an average of the scores for the English, math, reading and science sections, was 19.5 out of 36. This was

Many marijuana businesses are struggling across the country

Canada continues to be one of the few nations globally allowing legal and regulated access to recreational marijuana. However, five years after legalization, the country's cannabis industry is grappling with survival. George Smitherman recalls purchasing his initial legal gram of cannabis in October 2018 from a Tweed shop

Bitcoin could surge 300% to $120,000 next year as miners reduce token sales

Bitcoin could surge 300% to $120,000 next year as miners reduce token sales, per Standard Chartered. In April, he projected that bitcoin could reach $100,000 by the next year, but he now considers that estimate might be too conservative, particularly when taking miner profitability into account. "We

The US market, dominated by 30-year mortgages, is effectively frozen as homeowners with low rates are reluctant to sell and buyers are squeezed

The US market, dominated by 30-year mortgages, is effectively frozen as homeowners with low rates are reluctant to sell and buyers are squeezed, per Bloomberg. 93% of homebuyers have regrets about purchasing a house in 2023, per YahooFinance. Read full article: https://finance.yahoo.com/news/6-reasons-93-

Gen Z and millennials are losing more sleep over their finances than older generations

Gen Z and millennials are losing more sleep over their finances than older generations, per Empower. 62% of Millennials say they’re willing to pay $7 for a daily coffee because of the joy it brings, per Empower. 67% of Americans say their income isn’t keeping up with inflation,

62% of Millennials say they’re willing to pay $7 for a daily coffee because of the joy it brings

62% of Millennials say they’re willing to pay $7 for a daily coffee because of the joy it brings, per Empower. 67% of Americans say their income isn’t keeping up with inflation, and 42% say their standard of living is declining, per Empower. Gen Z plans to retire

"If someone is going to try to blackmail me with advertising, blackmail me with money, go fuck yourself. Go fuck yourself. That's how I feel. Don't advertise," Elon Musk has said

"If someone is going to try to blackmail me with advertising, blackmail me with money, go fuck yourself. Go fuck yourself. That's how I feel. Don't advertise," Elon Musk tells Andrew Ross Sorkin at the Dealbook Summit. Speaking at the 2023 DealBook Summit in

Mysterious child pneumonia cases spike in parts of Europe as COVID-like surge continues in China

Mysterious child pneumonia cases spike in parts of Europe as COVID-like surge continues in China, per NYP. According to the Netherlands Institute for Health Services Research (NIVEL), last week witnessed an unexpected rise in pneumonia cases, with 80 out of every 100,000 children aged 5 to 15 receiving

Mark Cuban says 'no plans' to run for president in 2024 after the Dallas Mavericks deal

Mark Cuban says 'no plans' to run for president in 2024 after the Dallas Mavericks deal, per CNBC. Cuban, in response to an inquiry from NBC News on Wednesday, stated, "I have no plans to run," when questioned about a potential change in his stance regarding

Men in the U.S. are dying nearly six years before women

Men in the U.S. are dying nearly six years before women, per Axios. For over a century, it has been recognized that women tend to live longer than men. However, recent research conducted by Harvard T.H. Chan School of Public Health and UC San Francisco reveals that, in

67% of Americans say their income isn’t keeping up with inflation, and 42% say their standard of living is declining

67% of Americans say their income isn’t keeping up with inflation, and 42% say their standard of living is declining, per Empower. Gen Z plans to retire the soonest of all generations, at age 54, per Empower. 72% of Millennials and 67% of Gen Z say money can buy

Former US Secretary of State Henry Kissinger dead at 100

Former US Secretary of State Henry Kissinger dead at 100. A statement from Kissinger Associates confirmed that Henry Kissinger passed away on Wednesday at his Connecticut residence. Kissinger, a figure both revered and controversial, was hailed as a brilliant strategist by supporters and criticized as a master manipulator by detractors.

Canada is so expensive that some Ukrainian immigrants are leaving

Canada is so expensive that some Ukrainian immigrants are leaving, per Bloomberg. Read full article: https://www.bnnbloomberg.ca/canada-is-so-expensive-that-some-ukrainian-immigrants-are-leaving-1.1999482#:~:text=Canada%20Is%20So%20Expensive%20That%20Some%20Ukrainian%20Immigrants%20Are%20Leaving,-Jacob%20Lorinc%2C%20Bloomberg&text=(Bloomberg)%20%

The US may no longer be able to fight more than one major war at a time

The US may no longer be able to fight more than one major war at a time, per BI. REad full article: https://www.businessinsider.com/us-no-longer-fight-two-major-wars-at-same-time-2023-11 the U.S. could engage and triumph over two adversaries simultaneously. This

America's headed for an interest payment crisis

America's headed for an interest payment crisis, per Newsweek. Read full article: https://www.newsweek.com/americas-interest-payment-crisis-national-debt-rise-33-trillion-economy-challenges-1838011#:~:text=A%20Closer%20Look%20at%20the%20Figures&text=America%20paid%20a%20whopping%20%24659,and%20Federal%20Reserve%20rate%20hikes.