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Rising Costs Keeping Potential Homebuyers on the Sidelines
Homebuying expenses have reached their highest point in over a year, as reported by Redfin, the real estate brokerage associated with Rocket. The average monthly mortgage payment for U.S. homebuyers has hit a 14-month peak of $2,641. This increase is attributed to a 2.2% rise in the median home-sale price year over year, along with…
2029 tipping point: Aging Western populations set to strain public finances
As Western populations age, fewer workers and higher costs will strain public finances, credit rating agency Moody’s has warned. Europe is at the sharp end of the demographic shift. The European Union’s population is projected to peak as soon as 2029, “after which a sustained long-term decline will begin,” according to the European Commission. The…
Hammack says Fed rate hikes are unlikely to mitigate key inflation drivers
Cleveland Fed President Beth Hammack advocated for the return to a “restrictive” stance for U.S. monetary policy while delivering public remarks on Monday. Speaking at an annual gathering of the National Association of Business Economists (NABE), which took place in Cleveland this year, Hammack said inflationary pressures are increasingly being observed in a wide range…
Tuya Smart Launches Tuya AI Coding, Enabling Users to Build Their Own AI-Powered Lifestyle Apps with Natural Language
HANGZHOU, China, Aug. 5, 2026 /PRNewswire/ — Tuya Smart (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has officially launched Tuya AI Coding, an AI-native no-code application development platform enabling users to turn ideas into AI-powered lifestyle applications with just a single prompt. By describing their ideas, desired features, or interface requirements…
Heartened by sponsor-bank success, a Connecticut bank eyes SBA
Key takeaway: CEO Jason Hardgrave said Small Business Administration lending is a natural extension of DR Bank’s sponsor-bank business line. Supporting data: The bank’s profits jumped from less than $2 million in 2021 to more than $12 million last year. DR Bank possessed little more than a charter and a pile of capital after selling…
The Rental Market Flipped: 9 Numbers Every Landlord Needs to Know in 2026
In This Article Sponsored by Avail For most of 2020 to 2023, you could raise the rent, barely try to market a unit, and still fill it by the weekend. That is gone. The rental market flipped, and most landlords are still pricing like it hasn’t. Costs are up. Rents are down. Vacancy is climbing,…
