While there is a lot of debate on whether the U.S. will enter a recession – or if it’s already in one – some models have projected a likelihood as high as 99.3%1. While no one can predict the future,… Read more…
The modern worker in 2023 has more options than ever before. Forty-one percent of workers are still fully remote or in a hybrid role1, which means people can opt to settle down in places that can offer a little reprieve from high living costs. This has given rise to a new moniker to describe the… Read more…
There’s often more risk involved when purchasing a second home than with a first home. Potential buyers may depend on rental cashflows, be wary of potential natural disasters, and be concerned about maintaining the property from a distance. And in a particularly volatile… Read more…
When it comes to the gender wage gap, statistics paint a disappointing picture. Women made 83 cents for every dollar earned by a man in 2021, according to the Bureau of Labor Statistics. In addition, that figure hasn’t changed much… Read more…
Black Americans are the third-largest racial or ethnic group in the U.S., making up just over 12% of the population. But less than 3% of all businesses are Black-owned. Some places outperform others, however, when it comes to the prevalence, success, and financial health of Black-owned companies and business owners. In celebration and recognition of… Read more…
While remote work has boomed in the last three years, the majority of working Americans still commute to work. According to the Census, a one-way commute took workers an average of 25.6 minutes in 2021. Using this estimate, workers in 2023 will average almost 222 hours (or a little over nine days) driving to and… Read more…
The gap between the top 1% of earners and average Americans is stark. In fact, the average American household earns a median income of under $70,000, but in some places, the top 1% can earn as much as $955,000. Those… Read more…
The hot housing market has shown signs of cooling. Nationally, home prices have declined by 1.3% since their peak in June 2022. And some experts have predicted that housing could fall as much as 20%. Regionally, the majority of housing markets are expected to see price drops toward the end of this year. For prospective… Read more…
Research shows that in some cases, money does lead to happiness. In fact, a 2021 University of Pennsylvania study found a correlation between happiness and income growth, even past an annual income of $80,000. This is in contrast to previous… Read more…