[unable to retrieve full-text content]Mortgage rates surpass 7% while home prices show no signs of declining Yahoo Finance Source link
Read More »Declining inflation is increasing real wages
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: This week’s Chart of the Week features an excerpt from our latest Chartbook, a mammoth Yahoo Finance project in which dozens of economists and strategists send us a key chart and say why it’s important. We’ve been featuring them in editions of our Morning Brief newsletter all week. The almost three dozen charts and explanations tell the story of a strong market and… Source link
Read More »3 reasons why college enrollments are declining, according to Coursera’s CEO
College enrollments continue to drop in the U.S. as students seek alternatives to the traditional university experience. For the spring 2022 term, enrollment across public and private colleges in the U.S. fell to 16.2 million, down 4.1% year over year, according to the National Student Clearinghouse Research Center. That decline continues the trend of weakening enrollment that has been in place since before the coronavirus pandemic. “We have seen certain headwinds from the general softness in… Source link
Read More »Elon Musk reveals 3 existential threats he’s scared of, including a declining birthrate, religious extremism, and ‘artificial intelligence going wrong’
Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022JIM WATSON/AFP via Getty Images Mathias Döpfner, the CEO of Insider’s parent company, recently interviewed Tesla CEO Elon Musk. In response to the question, “what is your biggest fear?” Musk listed three existential threats. They included a declining birthrate, religious extremism, and “artificial intelligence going wrong.” Tesla CEO Elon Musk revealed three… Source link
Read More »Google will pay top execs $1 million each after declining to boost workers’ pay
Google is giving four of its top execs a significant pay bump, raising their salaries from $650,000 to $1 million, just weeks after the company told staffers it wouldn’t automatically adjust salaries to account for inflation. The new executive salaries were disclosed in an SEC filing. The executives receiving the $1 million base salaries are chief financial officer Ruth Porat, senior vice president Prabhakar Raghavan (who is in charge of Google search); senior vice president and chief… Source link
Read More »Another 553,000 Americans filed new jobless claims last week, declining over the prior week
New weekly jobless claims dropped from the prior week’s upwardly revised level to a fresh pandemic-era low last week, with the accelerating pace of COVID-19 vaccinations in the U.S. helping support the labor market’s recovery. The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended April 24: 553,000 vs. 540,000 expected… Source link
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