There is a number buried in the Federal Reserve’s latest consumer survey that deserves more attention than it is getting. The share of American workers who expect to voluntarily quit their jobs in the next twelve months has just hit a record low — dropping to 15.9%, the lowest reading since the New York Fed […]
Fed Survey Shows a Frozen Labor Market — And Boston’s Startups Should Pay Attention Read More »
It started as a foreign policy headline. It has become a kitchen table conversation in millions of British homes. The military strikes on Iran that sent oil markets into a frenzy over the weekend have now worked their way through the global financial system and landed — quietly but firmly — in one of the
Iran Conflict Pushes UK Mortgage Rates Higher Read More »
Wall Street opened Monday on shaky ground as investors scrambled to reassess their portfolios in response to a new wave of conflict in the Middle East involving Iran. The market reaction was swift and telling: energy companies surged, defense contractors rallied, while airlines, cruise operators, and luxury brands took a sharp hit. Brent crude oil
Global Markets Rattled as Iran Conflict Sends Energy and Defense Stocks Soaring Read More »
The recent intensification of the conflict in Iran has ceased to be a foreign policy news story and has become a cash flow concern for Massachusetts businesses. Following the latest attacks and the threat of a shutdown at key energy logistics hubs, the price of a barrel of oil has reacted with a volatility unseen
The Escalation in the Middle East and the New Cost Ceiling for Boston Read More »
For the first time in months, there is a collective sigh of relief in the American real estate market. According to the latest data from Freddie Mac, the average rate on a 30-year fixed mortgage has finally dipped below the psychological barrier of 6%. This shift marks a significant turning point in a post-inflationary economy
National Mortgage Rates fall Below 6%: A New Chapter for the Housing Market? Read More »
