Mortgage rates up on strong +253k Apr jobs & low 3.4% unemployment
Mortgage rates rise to 6.5% range on hot jobs report. Wages too high for Fed comfort, +253 new jobs, 3.4% unemployment holds at 50-year low.
View ArticleWas ‘Succession’ Zoom firing scene inspired by similarly cold layoffs at...
Greg and Tom’s latest round of layoffs on ’Succession’ looks a lot like Better mortgage CEO Vishal Garg laying off hundreds via Zoom.
View ArticleAmerican families need to make $85k to get by, and $91k to $115k to buy a home
A Gallup poll just said U.S. families of 4 need $85k per year to survive. Right now it takes somewhere between $91k to $115k to buy a home.
View ArticleWhy co-working spaces are cool again and gaining fans in remote work era
WeWork was overvalued but not wrong. In remote work era, is co-working socialization and networking even more important (and popular)?
View ArticleRobots don’t remodel kitchens. That’s why 95% of contractors don’t sweat AI...
A Thumbtack survey of workers age 18-30 showed encouraging positivity about careers in skilled trades like home building and renovating. Here are a few key findings.
View ArticleDo No-Work Fridays Result In Less Quitting Or More Firing?
The low- to no-work Friday feels more like a seasonal slacking story than a trend. And quiet quitting plays for social media climbers but hobbles corporate climbers.
View ArticleA third of people quit jobs when promoted. Is it better to just give raises?
29% of workers quit jobs within 1mo of first promotion. This is 6X more likely with lower paid jobs. Solution: give more raises.
View ArticleHeres how influencers make money in today’s $250b creator economy
Millions of creators barely exist in official records but drive an industry that’ll be $480 billion by 2027
View ArticleJobs & Fed higher for longer with 3.7% unemployment & 199k new Nov jobs
The Fed’s inflation fight may not have more rate hikes but higher jobs mean higher Fed rates for longer.
View ArticleWho qualifies for Biden’s latest cancellation of another $1.2 billion of...
White House cancelled $1.2b in student debt for 153k borrowers, bringing total to $138b for 3.9m borrowers. Loans of $12k or less that have been in repayment for 10yrs qualify, and higher loans can...
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