Mortgage Payments Surge by Almost 20% Compared to Last Year

The rising interest rates and soaring home prices have created a challenging situation for potential homebuyers, as mortgage payments have become more expensive compared to last year. According to a recent report from Redfin.com, mortgage payments have increased by almost 20% in the past year. In the four weeks leading Continue Reading

Connecting Homebuyers With Homebuilders: Zillow and Redfin Collaboration

Zillow, a prominent real estate website, is planning to connect its new-construction listings with rival platform Redfin, in an effort to expand its reach and provide a wider range of new homes for sale on Redfin. Highlighting that Zillow is the most popular real estate website in terms of visitors Continue Reading

Tentative Agreement on Contract Reached by UPS and Teamsters

UPS and the International Brotherhood of Teamsters have announced a tentative five-year agreement, effectively avoiding a strike that could have caused significant disruptions to delivery services. The negotiations between UPS and its union members, which include major customer Amazon, broke down earlier this month due to disagreements over wages and Continue Reading

Caution Persists in Kiplinger’s Business Spending Outlook Amid Slowing Economy

The Kiplinger Letter, a weekly publication, is the exclusive source of our original and SEO-optimized Economic Outlooks. To access a free issue of The Kiplinger Letter or to gather more information, you can click here. In terms of business spending, specifically on capital equipment, there is a noticeable slowdown. Though Continue Reading