
Consumer Sentiment Drops in Third Straight Month as Fuel Prices Continue to Rise
Consumer sentiment experienced a third consecutive month of decline this month, per the University of Michigan’s closely watched survey of consumers. Consumer sentiment went from 49.8 in April to 44.8 in May, a 10% drop. The dramatic decline underscores how severely the Iran conflict, combined with
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Real Estate Broker Challenges ‘Insane’ Law Requiring an Office With Landline Phone
A Pennsylvania broker is suing to end the state's century-old requirement that real estate professionals must have a dedicated office separate from their home. Kevin Gaughen says he spent $35,000 a year on rent, taxes, utilities, and insurance to maintain the 1,000-square-foot converted Lemoyne offi
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Leading Economic Signals Continue to Show ‘Fragile’ Outlook
The economy has seen numerous challenges over the past few months, from a soft but improving labor market to high inflation. The latter, largely attributed to the ongoing U.S.-Iran War and resulting energy price spikes, has also driven mortgage rates upward, and the Federal Reserve has signaled will
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Leading Economic Signals Continue to Show ‘Fragile’ Outlook
The economy has seen numerous challenges over the past few months, from a soft but improving labor market to high inflation. The latter, largely attributed to the ongoing U.S.-Iran War and resulting energy price spikes, has also driven mortgage rates upward, and the Federal Reserve has signaled will
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