The Economic Ninja talks about how the boss of Redfin, a house-selling company, says the market is in trouble. There are too many houses for sale and not enough buyers. This happened before from 2005 to 2011. He thinks house prices will go down this summer because people can’t afford high mortgage rates anymore. …Learn More, Click The Button Below.
The Economic Ninja talks about how Toyota’s having a tough time. Their stock value is down, and they’re accused of faking safety data. High interest rates have hurt car sales, so they’re making leases cheaper. They’ve stopped selling some cars because of testing problems. They’re also closing their biggest parts factory in the U.S., which means 1,300 people will lose their jobs. …Learn More, Click The Button Below.
The Economic Ninja talks about how many McDonald’s workers in California lost their jobs due to a new $20 minimum wage law. This law started on April 1st and caused about 10,000 fast food workers to be laid off. Businesses are finding it hard to pay the higher wages and still make money. This could happen in other industries and places too.” …Learn More, Click The Button Below.
➡ Rumors suggest Saudi Arabia might stop using US dollars for oil sales. This could change the dollar’s value and the way we trade globally. It’s part of a bigger trend of countries moving away from the dollar. We’re waiting for more information to confirm these rumors. Meanwhile, it’s wise to manage your money carefully. …Learn More, Click The Button Below.
“Ex-President Trump wants more Republicans to vote early or by mail in the next election. He’s started a campaign called “Swamp the Vote” to help. He’s also asking people to vote in person at Republican offices. This is different from what he said before. He wants to make sure every vote counts.” …Learn More, Click The Button Below.
The Economic Ninja talks about Rubio’s, a loved Mexican eatery in California, has shut 48 spots and is bankrupt. This is due to new rules making them pay workers more, leading to higher costs. The writer thinks this is bad for small businesses. Also, he sees a chance in understanding Zillow’s zestimates before others, especially in property. He warns of more closures and …Learn More, Click The Button Below.
The Economic Ninja talks about how even when the economy is bad, you can still earn money from buying houses. This is because people always need a place to live. So, even in tough times, you can rent out homes. Plus, the government often helps out, which can boost the housing market. …Learn More, Click The Button Below.
The Economic Ninja warns of a possible drop in California’s home prices due to tough economic times. High debt, unemployment, and other factors could cause a real estate crash. This could affect the whole country because California’s economy is big. Be ready by reducing your debt and thinking about your finances. …Learn More, Click The Button Below.
The Economic Ninja talks about how the house prices are falling because loans are expensive. In the past month, over 6% of US sellers lowered their prices. The average home now costs $416,623. More homes will be for sale soon as people try to sell before prices drop even more. Stay tuned for more updates! …Learn More, Click The Button Below.
The Economic Ninja talks about how Iraq is changing its money plan, inspired by Russia. They want to boost their currency, the Dinar, by selling oil and gas for Dinars. This could make the Dinar more valuable. The text also talks about the growing power of countries like Brazil, Russia, India, China, and South Africa in the world economy.” …Learn More, Click The Button Below.
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