In the first three months of 2024, Americans increasingly reached into their home equity or skipped credit card or loan payments to make ends meet under weight of $17.69 trillion in household debt.
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Job Creators In California Face Billions In New Taxes On Their Often Fledgling And Early Stage Operations That Helped Build The Golden State’s $3 Trillion Economy.
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Major Silicon Valley Political Players Sponsor Ballot Measure To Allow For Creation Of New City From Scratch In Northern California.
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Inflation Remains Well Over 50% Higher Than Fed Target Rate of 2% Annually Adds Further Delay To Interest Rate Cut Decisions
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Housing prices rose significantly faster at the end of 2023, achieving a year over year price increase of 5.5% in December 2023 with prices in San Diego rising at an annualized rate of 8.8%.
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As Inflation Takes Hold And Lockdown Stimulus Fades American Credit Card Deliquency Rates Rise Back To Their Pre-Lockdown Peaks
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As the four decade high inflation in housing and other basics continues, the cost of those staples crowded out other purchases leading to a drop of .8% in January 2024 for overall retail sales.
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Americans Are Taking Longer and Longer To Buy Their First Home Than At Any Other Time In The Last Twenty Years According To Data And Analysis From The Wall Street Journal.
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