Noticias Financieras – UP2DATE News de Advise Financial
31 de August de 2023
Noticias Financieras – UP2DATE News de Advise Financial
7 de September de 2023
In UP2DATE News you will find the main Financial and Economic News for the week to August 31, 2023.
61% of Americans live paycheck to paycheck
According to LendingClub's latest report, 61% of Americans live within their means, a slight increase from 59% the previous year.
Source: CNBC
At what age should young adults become independent?
As a young adult, it can be challenging to navigate the current high cost of living. A recent survey by Bankrate suggests that the ideal age for achieving financial independence falls between 20 and 23 years old.
Source: Reuters
US Job Openings Decline to lowest point since 2021
The labor demand is cooling as US job openings have dropped to a two-year low in July.
Source: Bloomberg
Consumer spending accelerates
According to the Commerce Department report, consumer spending increased at the fastest pace in six months.
Source: Reuters
Powell signals more hikes if needed
Jerome Powell emphasized that the Fed is ready to increase interest rates as necessary, and he intends to keep borrowing costs high until inflation reaches the 2% target.
Source: Bloomberg
Pending Home sales accelerate
Contracts for previously owned homes rose 0.9% in July, the fastest pace since January, providing further evidence of a rebounding housing market.
Source: Reuters
Note: does not represent advice or offer of services, only for educational purposes.
Founder & CEO Advise Financial
Alonso is a “CERTIFIED FINANCIAL PLANNER™” who is dedicated to increasing the Financial Well-being of nurses, physicians and successful immigrants in Florida and Texas. With more than 20 years of experience in the world of finance, always working for the best interest of his clients, under fiduciary criteria.
