Practically everything you want to buy costs exponentially more than it did even a few months ago. Americans across the country are struggling to manage rapidly rising costs on everything from grocery store items to gas for their cars. And now the cost of loans and credit cards is also ...
Today’s housing market continues to be a dream for sellers and a challenge for buyers. Home prices rose dramatically in 2021. According to the National Association of Realtors, the national median home price hit an all-time high last year at $362,800. Those high prices are fueled by record high demand ...
On Wednesday, the Federal Reserve announced an increase to its federal funds rate. This is the rate at which banks can lend each other excess reserves overnight. It is a benchmark rate, not the rate individual borrowers pay. But it affects the rates of both debt and savings.The increase announced ...
If you’ve been avidly reading the headlines on the soaring real estate market, you might be thinking that now is the time to cash in…sell your spacious home and move into a smaller place you can rent or own. One issue that many sellers often don’t completely understand is the ...
Homeownership comes with lots of expenses beyond your mortgage payment. If something goes wrong with the property, you'll be responsible for paying for it -- not your landlord. As a result of fears about repair expenses, some homeowners are interested in purchasing a warranty.Home warranties aren't to be confused with ...
It's fair to say the start of 2022 isn't the best time to purchase a home. Not only have mortgage rates climbed in recent weeks, but home prices are still sitting at record highs, making them unaffordable for many buyers. Plus, housing inventory is still extremely low, so buyers today ...
Despite potential inflationary pressures, the economy continues to chug along as many consumers are flush with cash and eager to enjoy purchases they might have delayed. Small businesses are well-positioned to reap the benefits, with 82% of consumers saying they would choose a local product over a national brand. Here’s ...
Supply chain disruptions continue to be a pervasive and major problem across industries in the US, serving as a catalyst to the skyrocketing inflation rate. Supply chain issues have hit the manufacturing sector especially hard, causing production delays, increasing prices for raw materials and goods, and hampering growth.Unfortunately, many manufacturing ...
For the month of June, we're celebrating Pride Month by highlighting local businesses owned by members of the LGBTQ+ community. Below you'll meet Alba Susana Johnson, also known as Susy, owner of Alba S. Johnson Esq., based out of Florida.The early daysAlba has been an attorney since 1988, but has ...
For the month of June, we're celebrating Pride Month by highlighting local businesses owned by members of the LGBTQ+ community. Below you'll meet Ray and Lyn, co-owners at Visage Salon & Spa located in Oradell, NJ.How it all startedVisage Salon & Spa started 24 years ago, and their product line ...
According to new survey data of small business owners from Goldman Sachs, the most significant problem facing their business is hiring and retaining qualified employees. While generous compensation is certainly a crucial factor in employee satisfaction, you might be surprised to find that an elevated company culture can play an integral role ...
When prices on consumer items are affordable, you can enjoy a certain sense of economic freedom, especially when your income is at least keeping pace with the rate of inflation. However, when those costs increase but your earnings don’t, your personal budget constricts - making you less financially free than ...