The economy observed record-breaking inflation surge in more than 30 years, as the consumer prices rose 6.2% in October. The U.S. Bureau of Labor Statistics reported that the consumer pricing index for all Urban Consumers (CPI-U) jumped 0.9%. The rise in consumer prices affected Read More

US Single-family homes, known to be the sub-sector of the rental market, have been growing rapidly. According to Statista Research Department, Single-family dwelling units closed at a record high of 208.4 million while multifamily units recorded only 37.8 million in October 2021.Read More

President Biden met with CEOs of major retailers and shipping companies to take preventive measures to combat the supply-chain crisis and speed up deliveries. The discussion with the chief executives of Walmart, United Parcel Service, FedEx, and Target Corp focused on laying effoRead More

The stock market has been soaring high after the House of Representatives passed the biggest infrastructure bill. The $1 trillion infrastructure package would provide funding for broadband, transportation, public transit, and utilities while unleashing $550 billion for infrastrucRead More