Consumer confidence in housing market hits lowest in more than a decade

A sign stands outside a luxury home for sale in the Lake Pointe Subdivision of Austin, Texas. Ed Lallo | Bloomberg | Getty Images Consumer confidence in the housing market has fallen to its lowest level since 2011, as both potential buyers and sellers have become more pessimistic, according to a monthly survey published Monday … Read more

New York polio case is ‘tip of iceberg’, hundreds could be infected

Digitally generated image of 3D molecular model of poliovirus Calysta images | Tetra images | Getty Images Hundreds could contract polio after an adult in the New York City metro area contracted the virus and became paralyzed last month, the state’s top health official said this week. New York State Health Commissioner Mary Bassett warned … Read more

Democrats one step closer to passing the inflation bill with Sinema’s backing – Fox Business

Democrats One Step Closer To Pass Inflation Bill With Sinema SupportFox Business Will the Inflation Reduction Act Actually Reduce Inflation?Fox Business McGurn: ‘Taxing the rich’ is ‘never’ about taxing the richFox Business Karl Rove: America may be in ‘stagflation’Fox Business See full coverage on Google News

Labor market shows signs of cooling amid rate hikes

The labor market appears to have lost some of its sizzle, a development that could influence Federal Reserve policy and further heighten investor concerns about an economic recession. The number of job openings has fallen since April as rising inflation tightened its grip on business and consumer spending contracted. In June, openings fell to 10.7 … Read more

Wastewater samples outside New York City point to community spread

Poliovirus particle, computer illustration. Kateryna Kon | Science photo library | Getty Images According to state health officials, polio has been found in wastewater samples taken from two counties outside New York City, indicating that the virus is spreading in the community. Wastewater samples taken in June and July at two different locations in Orange … Read more

3 money moves to help minimize uncertainty in the second half of 2022

David Sachs | The Image Bank | Getty Images It’s no secret that the first half of 2022 brought many expensive changes for consumers: The S&P 500 index fell 20.6% in its largest first-half drop since 1970, dragging investor portfolios down. The Federal Reserve approved a 75 basis point rate hike in June, the biggest … Read more

New York Governor Hochul declares state of emergency for monkey pox state disaster

People wait online to register for a monkeypox vaccination on July 29, 2022 in New York City. John Smith | Corbis News | Getty Images New York Governor Kathy Hochul declared a state of emergency Friday night due to the ongoing spread of monkey pox. She said the emergency declaration would lead to a faster … Read more

New York Governor Hochul declares state of emergency for monkey pox state disaster

People wait online to register for a monkeypox vaccination on July 29, 2022 in New York City. John Smith | Corbis News | Getty Images New York Governor Kathy Hochul declared a state of emergency Friday night due to the ongoing spread of monkey pox. She said the emergency declaration would lead to a faster … Read more

Mortgage rates fall sharply after negative GDP report and latest Fed hike

Just a day after the Federal Reserve raised its benchmark interest rate, mortgage rates fell sharply. According to Mortgage News Daily, the average interest rate on the popular 30-year fixed mortgage fell from 5.54% on Wednesday to 5.22% on Thursday, as the Fed announced its latest rate hike. On Friday, the share price fell further … Read more