Housing Crisis

Grant Cardone, the CEO of Cardone Capital, accused Federal Reserve Chairman Jerome Powell of causing the country’s “housing crisis.” Cardone argued that Powell’s policies have significantly impacted the housing market. What Happened: Cardone, in an...

The U.S. housing market faced a prolonged period of disequilibrium following interest rate hikes. While mortgage rates are poised to continue their fall, experts say homebuyers should capitalize now. The Data: Redfin released a report on Tuesday following a weak July jobs report that sent mortgage...

As semiconductor stocks and the overall technology sector continue a nosedive from all-time highs, investors may question whether its meteoric rise was a “bubble.” What’s A Bubble?: Bubbles are typically defined by periods where stocks (or other assets) experience price booms...

Apple Inc. (NASDAQ:AAPL) unveils a $50 million fund as part of its $2.5 billion investment commitment aimed at addressing the housing crisis in the San Francisco Bay Area, focusing on affordable housing initiatives across California. What Happened: The Bay Area Housing Innovation Fund, which is...

Short-term rental platform Airbnb (NASDAQ:ABNB) is keeping Wall Street flabbergasted, with the company’s stock climbing over 60% in 2023, as it continues to recover from the pandemic with unexpected success. Yet, what was once an innovative start-up offering a way to improve the travel...

Shares of Home Depot Inc (NYSE: HD) traded at around the $20 level when the financial crisis of 2007–2008 affected its core business of selling home improvement products. When the economy began showing signs of rebounding, Home Depot naturally saw an uptick in its business. The stock has been...