Month: November 2017
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San Francisco and New York Miss the Top 10 on Knight Frank’s Luxury Index
According to Knight Frank’s recent Prime Global Cities Index, luxury real estate prices rose 4.2 percent in the past 12 months. The global consultancy firm’s index tracks the price changes in 41 cities across the globe.
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Wealth Gap Gets Bigger for the Middle Class
The income inequality between white households and black and Hispanic households has been a historical issue in the U.S. that widened following the 2008 financial crisis. Recent Pew Research Center analysis of Federal Reserve Board data highlights this wealth gap, delving into its racial and ethnic characteristics for families at different income levels.
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3 Ways to Celebrate National Entrepreneurship Month
November is National Entrepreneurship month, a time to recognize and celebrate the successes and contributions of our nation’s entrepreneurs and express our support of them and their work in innovating and mapping the future. Established in 2012, National Entrepreneurship Month evolved from the first National Entrepreneurs’ Day in 2010. As we zero in on the…
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U.S. Adds 261,000 Jobs in October
In the month of October, the U.S. added 261,000 jobs and the unemployment rate dropped to 4.1 percent, according to the U.S. Bureau of Labor Statistics (BLS). Economists surveyed by Bloomberg had expected a job increase of 325,000 in October, anticipating a recovery from the September hurricanes. September displayed a gain of 18,000 jobs for…
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Gender Equality Got Worse for Women in 2017
According to the World Economic Forum’s (WEF) Global Gender Gap Report 2017, the gender gap between men and women has gotten bigger—in education, health, politics and economics—for the first time since the organization began collecting the data in 2006. The report ranks 144 countries based on their progress in gender equality.
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Homeownership Rate Increases in the 3rd Quarter 2017
According to the U.S. Census Bureau’s latest “Quarterly Residential Vacancies and Homeownership” release, the U.S. homeownership rate increased to 63.9 percent in the third quarter of 2017. This rate was not statistically different from those of the second quarter 2017 (63.7 percent) or the third quarter 2016 (63.5 percent).