MoMo Productions | Taxi | Getty Images Homeownership has long symbolized the American Dream, embodying stability, wealth creation, and community investment. Yet, for millions of Americans, especially younger generations and first-time homebuyers, that dream is slipping away. Rising home prices, stagnant wages, and restrictive mortgage terms have made it increasingly difficult to take that crucial … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Traders work on the floor of the New York Stock Exchange during afternoon trading on August 02, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no … Read more
Economic commentator Kyla Scanlon is noticing a potentially worrying trend in the investing outlook among younger generations. “It’s a bifurcated world,” she told CNBC’s “ETF Edge” this week. Scanlon, 26, who rose to prominence through her social media videos on the market and economy, explained why some members of Generation Z are aggressively saving for … Read more
An aerial photograph of houses and apartments on coastline in North Bondi, Sydney, Australia. Recent reports indicate that Australian home prices are set to continue their upward trend, driven by increasing migration rates and a shortage of housing supply. Andrew Merry | Moment | Getty Images Australia plans to address its climbing home prices in … Read more
Photo taken on January 21, 2024 shows a real estate project under construction in Huai ‘an city, Jiangsu province, China. CFOTO | Future Publishing | Getty Images Policymakers are doing little to soothe concerns surrounding China’s ailing economy, Brian McCarthy, chief strategist at Macrolens told CNBC’s “Street Signs Asia” on Wednesday. “Chinese policymakers are going … Read more
Laguna Beach, California Luciano Lejtman | Moment | Getty Images When most people think of Laguna Beach, California, they think of its scenic coves and beaches. But the small coastal city — with a population of around 22,600 — is also pioneering a new model for elder care. About 77% of adults ages 50 and … Read more
