High

Home prices hit a new record high in the second quarter

Home prices hit a new record high in the second quarter

The median single-family existing home price in the second quarter was $413,500 — the first time this quarterly price has ever risen above $400,000, according to the latest quarterly report from the National Association of Realtors. Home prices for the quarter were up 14.2% from a year ago, slightly slower than the 15.4% year-over-year price …

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How families are surviving the high cost of back-to-school season

How families are surviving the high cost of back-to-school season

Comment on this story Comment The back-to-school bins in Jonelle Wood’s attic have been full since the end of June, with enough paper, pencils and clothing to last her three school-age children into next fall. All for $245. She siphons a bit of cash from each paycheck to pick up gear year-round, timed to sales …

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The Hale Wind Farm is outside of Petersburg and south of Plainview.

Why the Texas grid causes the High Plains to turn off its wind turbines

LUBBOCK — The state’s High Plains region, which covers 41 counties in the Texas Panhandle and West Texas, is home to more than 11,000 wind turbines — the most in any area of the state. The region could generate enough wind energy to power at least 9 million homes. Experts say the additional energy could …

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The price gap between renting and owning a home in the Bay Area reaches new high

The price gap between renting and owning a home in the Bay Area reaches new high

What’s more, that gap, called the price-to-rent ratio, is higher in the San Francisco and San Jose metropolitan areas than anywhere else in the nation, according to Moody’s Analytics. The last time the ratio reached nearly this high was right before the housing bubble of the early 2000s burst, presaging the Great Recession. Does this …

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Recent reports confirm high inflation and rising rates have led to a recession

Recent reports confirm high inflation and rising rates have led to a recession

Both gold and silver prices have spiked dramatically higher over the last two weeks and accelerated their upward momentum over the last two days. Gold and silver prices have moved to new multiweek highs in response to three major reports and events that have confirmed what the American public has been acutely aware …

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Razer’s latest wireless mechanical keyboard has a low profile and a high price

Razer’s latest wireless mechanical keyboard has a low profile and a high price

Enlarge / Razer DeathStalker V2 Pro. Peripherals and PC maker Razer this week introduced a new wireless mechanical keyboard that resurrects one of its most creepily named products. The DeathStalker V2 Pro—as well as its wireless, tenkeyless version and wired, full-sized version—manages to be just 1 inch tall at its thickest part by using low-profile mechanical …

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‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard

The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services.  While economists say raising the interest rate will help cool consumer demand and hopefully ease record-high inflation, it will also raise the cost of borrowing for everything from houses …

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5 recession-proof jobs with ‘consistently high’ demand, according to economists

5 recession-proof jobs with ‘consistently high’ demand, according to economists

A recession isn’t inevitable — but the economic forecast isn’t promising, either.  The IMF has declared conditions for the global economy to be “gloomy and uncertain” in its latest report, and expects the economy to grow a mere 3.2% in 2022 before slowing to a 2.9% GDP rate in 2023 — a drop of 0.4 …

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