Descending Demand The “revenge travel” craze that followed the pandemic may be coming to an end, as budget airlines slash prices to attract travelers. This slowdown in travel spending comes as American consumers are grappling with high prices and everything from groceries to hotel rooms. (Some) Cheaper Flights Prices for domestic flights have fallen by…Read more
Rate Reverberations Homebuyers are in a pinch: Costs are notably high, and inventory is notably low. Now America’s major housing associations are pointing fingers at the Federal Reserve, calling for action. The Mortgage Bankers Association, the National Association of Realtors and the National Association of Home Builders penned an open letter to the Fed, pleading…Read more
Power & Profit Artificial intelligence is reshaping industries in a manner reminiscent of the early years of the internet. This shift hasn’t gone unnoticed, especially on Wall Street. The Nasdaq Composite, the tech-heaviest of the major U.S. stock indexes, has seen a notable upswing this year, predominantly fueled by the enthusiasm surrounding AI-related stocks, rising…Read more
