Canadian home sales edged up 0.7% month-over-month during April but were 4% down from one year earlier. According to the Canadian Real Estate Association (CREA), new listings jumped 4.1% on a month-over-month basis in April while the national sales-to-new listings...
Whole Foods Market announced the expansion of its smaller format store concept Whole Foods Market Daily Shop to Boston, Chicago and Philadelphia over the next two years. According to the Austin-based company, the new stores are designed to fit the Whole Foods mission...
Rohit Chopra, who served as director of the Consumer Financial Protection Bureau (CFPB) during the Biden administration, has been nominated by California Gov. Gavin Newsom to serve as secretary of the new Business and Consumer Services Agency (BCSA), the state’s...
The average American household now carries roughly $288,676 in national debt, owes $767 a month on a car payment, and is sitting on credit card balances at over 21% interest. The personal savings rate has dropped to 4%. And as of this morning, the Federal Reserve Bank...
A Brooklyn real estate investor and a former New York State judge were indicted on charges of wire fraud conspiracy for running schemes that defrauded millions of dollars from investors. Sam Sprei – who is also known as “Yechiel Sprei,” “Shimon Sprei,” and “Eli...
The US Senate has confirmed Kevin Warsh to become the 17th chairman of the Federal Reserve. Warsh was confirmed in a 54-45 vote along party lines, with Sen. John Fetterman of Pennsylvania as the sole Democrat approving the nomination. Warsh’s term will begin on May 15...