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  • WA housing advocates, Realtors clash over proposed real estate tax hikes
    Real Estate News

    WA housing advocates, Realtors clash over proposed real estate tax hikes

    April 11, 2023 /

    Supporters of a condition bill that would hike taxes on authentic estate gross sales to fund low-revenue housing are prodding Washington lawmakers to get action and ripping a company team for jogging a tv advertisement in opposition to the invoice, which could elevate billions of dollars in the coming yrs. The Washington Realtors are opposing Property Invoice 1628, expressing it would increase prices to the transactions they’re included in. Their advertisement displays a kitchen area desk discussion above doughnuts and espresso, with a person and lady discussing how the bill, sponsored by Rep. Frank Chopp, D-Seattle, would “make housing even extra expensive” by boosting taxes on household product sales. At…

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    Francis McGee Comments Off on WA housing advocates, Realtors clash over proposed real estate tax hikes

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    December 18, 2022
    San Diego home sales fall to lowest level in 35 years

    San Diego home sales fall to lowest level in 35 years

    March 1, 2023
    Economists: A US housing recession has already arrived

    Economists: A US housing recession has already arrived

    December 8, 2022
  • S&P 500, Dow fall after Fed minutes signal continued rate hikes
    Finance News

    S&P 500, Dow fall after Fed minutes signal continued rate hikes

    February 23, 2023 /

    U.S. shares shut blended after choppy investing Wednesday as traders pored around minutes from the Federal Reserve’s last meeting earlier this month for clues on its subsequent shift. The most current readout from the U.S. central bank’s Jan. 31- Feb. 1 accumulating indicated officials have been intent on proceeding with “ongoing improves” but open to achieving an endpoint later on this calendar year. The S&P 500 (^GSPC) declined .2{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, when the Dow Jones Industrial Ordinary (^DJI) slipped about 80 factors, or .3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The technology-heavy Nasdaq Composite (^IXIC) was an outlier, edging up .1{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. “Contributors concurred that the Federal Open Marketplace Committee experienced manufactured considerable progress above the previous calendar year…

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    Francis McGee Comments Off on S&P 500, Dow fall after Fed minutes signal continued rate hikes

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    What’s in the new $53 billion retirement bill now headed to President Biden’s desk

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    December 26, 2022
    House GOP debt ceiling plan would cap future government spending

    House GOP debt ceiling plan would cap future government spending

    April 23, 2023
    Stocks closed higher amid a flurry of earnings: Stock market news today

    Stocks closed higher amid a flurry of earnings: Stock market news today

    April 18, 2023
  • Fed Hikes Interest Rates Again, Projects Very Weak Growth for the Economy in 2023 | Economy
    Economy News

    Fed Hikes Interest Rates Again, Projects Very Weak Growth for the Economy in 2023 | Economy

    December 15, 2022 /

    The Federal Reserve raised desire charges by a fifty percent stage Wednesday in a broadly predicted move that indicates it thinks that, whilst the outlook for inflation is increasing, it is not nevertheless vanquished. The phase down from new hikes of 75 basis factors follows feedback previously this thirty day period from Chairman Jerome Powell that the central lender would commence to minimize the total of desire costs likely ahead, even though he vowed to “stay the course” in combating inflation. The future dilemma will be how substantially the Fed raises desire charges in 2023 and how quickly it may hold the line on long run hikes or even start…

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    Francis McGee Comments Off on Fed Hikes Interest Rates Again, Projects Very Weak Growth for the Economy in 2023 | Economy

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    March 22, 2023
    Is the global economy deglobalizing? And if so, why? And what is next?

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    March 30, 2023
    Economics news: IMF raises global growth forecasts for 2023

    Economics news: IMF raises global growth forecasts for 2023

    February 4, 2023

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