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Money & The Economy

News on Finance, Money, markets and the economy

Luxury Home Prices Rose at Lowest Growth Rate in Nearly Two Years

Luxury home prices rose 3.2 percent year over year to an average of $1.7 million in the third quarter of 2018, according to Redfin, the next-generation real estate brokerage. This is the lowest growth rate since the fourth quarter of 2016, when prices were up 1.1 percent from a year earlier. The Redfin analysis tracks home sales in more than 1,000 cities ...

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As Taxpayers Start Feeling Impact of New Tax Law, Here’s Who Could Win Big

A list of taxpayers who stand to benefit the most from the Tax Cuts & Jobs Act as they begin to prepare for tax season was released Tuesday. Among the taxpayers who are set to win big this tax season are itemizers with low state and local taxes, self-employed taxpayers who will benefit from the new 20% deduction, and parents ...

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Nearly Three-Quarters of Americans Concerned About Identity Theft During Holiday Shopping Season

Hacking - User -Colin Wikimedia Commons CC-BY-SA-4.0

The vast majority of Americans (71%) are concerned that their financial and personal information could be compromised due to data breaches while shopping during this holiday season, according to an consumer survey conducted by Generali Global Assistance (“GGA” or “the Company”), a developer of a proprietary and innovative identity and digital protection platform, and leader in the assistance industry as part of the multinational Generali ...

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Small Business Economic Outlook Remains High After 2 years under Trump Economic Policy

The Q4 MetLife & U.S. Chamber of Commerce Small Business Index (Index) released today recorded an overall score of 69.3, indicating a pause in the upward trend of the Index. The fourth quarter score is down less than one-half a point from the third quarter’s record high of 69.7, still reflecting general optimism from the small business community. Optimism on the health ...

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Report: Ford Best Brand for Trucks, Honda, Mazda and Porsche round-out Best Brand List

U.S. News & World Report, the global authority in rankings and consumer advice, today unveiled the Best Vehicle Brand awards. The awards recognize brand-wide excellence for cars, SUVs, trucks and luxury vehicles, and they help consumers narrow their search for a new car. The 2019 Best Vehicle Brand Winners Mazda: Best Car Brand Mazda cars include the MX-5 Miata, Mazda3 and ...

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Beer consumption continues decline dragging down on-premise Alcohol sales

On-premise consumption of beverage alcohol fell 1.1% overall in 2017, to 1.7 million cases, according to the Beverage Information Group’s 2018 Cheers On-Premise Handbook. Much of that is due to the 1.6% decrease in cases of beer sold on-premise, while wine was up just 0.5%. Spirits continues to be the bright spot, up 2.5% in 2017, although that’s down from the ...

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More Than One-Third Of Workers Would Pass On Perfect Job If Corporate Culture Was Not A Fit

Creating a positive corporate culture is top of mind for employers looking to recruit and retain talent, according to a new study from global staffing firm Robert Half. The research examines why workplace culture is increasingly under the microscope; it’s featured in a report, Organizational Culture: The Make-or-Break Factor in Hiring and Retention. Key findings: More than one-third of workers in ...

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Most People Receive One or More Robocalls Per Day

Robocalls are inexpensive and easy to place, making them popular among scammers. Too often, recipients of robocalls compromise their security by revealing private information, according to new data. Did you receive a robocall today? More than half of people (52%) receive at least one robocall per day, according to a new survey from Clutch, the leading B2B research, ratings, and reviews ...

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Take a Peek Inside Santa’s $765,000 Custom North Pole Home

Santa Claus’ home and state-of-the-art toy workshop at the North Pole is currently worth an estimated $764,389 after gaining 7.6 percent in value over the past year, according to Zillow. Santa and Mrs. Claus claimed their home on Zillow in 2016, updating the home facts on the 3-bedroom, 2-bathroom log cabin. They also added new photos, giving the world a glimpse into Santa’s life ...

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Credit Monitoring vs. Identity Theft Protection: What’s the Difference?

Credit cards

Being a victim of identity theft or data breach is not a pleasant thing to go through, and it makes you panic. You’re left helpless, wishing you took measures to prevent it beforehand. If you want to avoid being the prey of unscrupulous people, there are safety measures that could keep the evil away. Identity theft and credit protection services ...

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Used Vehicle Price Index Slows for Second Consecutive Month

Car lot

In the November 2018 Used Car and Light Truck Guidelines Industry Update, analysts at J.D. Power Valuation Services note that after decelerating in September, the used vehicle market slowed for the second consecutive month in October. As a result, the Seasonally Adjusted Used Vehicle Price Index decreased by 1 point, relative to September, to 120.6. Highlights from the free monthly report point out: Wholesale ...

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