Here's Where Rent Growth In The US Is Finally Slowing

US Southern Command said on Tuesday that its forces launched another strike on an alleged drug-running boat in the Eastern Pacific and that at least one person was killed. SOUTHCOM said there were also two survivors and that “immediately notified the US Coast Guard to activate the Search and Rescue system for the survivors,” though […]

CFPB Orders Remote Employees To Relocate To Washington Or Lose Jobs Via American Greatness, The Consumer Financial Protection Bureau (CFPB) has directed hundreds of employees who live outside the Washington area to relocate to the agency’s new headquarters or face losing their jobs, a move that could significantly reduce the bureau’s workforce. Acting Director Russell Vought notified employees in a memorandum Tuesday that approximately 450 remote workers must commit to relocating to Washington by July 14. Employees who agree to the move are scheduled to begin reporting to the bureau’s new headquarters September 6. According...

Jobless Claims Hover Near Record Lows Sustaining 'No Hire, No Fire' Narrative The number of Americans filing for unemployment benefits for the first time was flat from the prior week at 210.5k (215k exp). Simply put, these numbers are hovering near their lowest levels since 1969... Source: Bloomberg Continuing claims also printed below expectations at 1.819 million Americans. This is the lowest level since May 2024... Source: Bloomberg Finally, as a reminder, sentiment surveys suggest the labor market is bifurcated with 'jobs hard to get' but joblessness not surging... Source: Bloomberg That chart reinforces the 'no...