Global recession

MassChallenge Partners with NATO DIANA to Drive Innovation in Transatlantic Security, Surveillance and Energy Resilience

Retrieved on: 
목요일, 5월 9, 2024
Starburst, Dual, OWL, Internet, Ecosystem, Global recession, Partnership, Energy, Transport, Curriculum, Therapy, Surveillance, Multimedia, Head, MassChallenge, Great, Government, Biotechnology, IBM, MIT, Video game

As part of the collaboration, MassChallenge and NATO DIANA will convene on May 30, 2024, for a Demo Day in Boston, showcasing the groundbreaking solutions developed through this program.

Key Points: 
  • As part of the collaboration, MassChallenge and NATO DIANA will convene on May 30, 2024, for a Demo Day in Boston, showcasing the groundbreaking solutions developed through this program.
  • MassChallenge is one of three implementation partners alongside MIT and Starburst and one of five NATO DIANA accelerator sites.
  • The inaugural program will focus on three critical challenge areas: Energy Resilience, Secure Information Sharing, and Sensing and Surveillance.
  • NATO DIANA (Defence Innovation Accelerator for the North Atlantic) is an organization established by NATO to find and accelerate dual-use innovation capacity across the Alliance.

Worker Earnings Down for Q1 Amid Inflation Woes, According to Ludwig Institute

Retrieved on: 
수요일, 4월 17, 2024
Workforce, Black, White, Global recession, Great, BLS, Noise, TRU, Woman, Growth, TWE

WASHINGTON, April 17, 2024 /PRNewswire/ -- Owing largely to rising prices and stagnant wage growth during Q1 2024, American workers saw the biggest drop in median earnings in three years — and although the percentage of living-wage jobs in the workforce rebounded slightly in March, "functional unemployment" is also trending upward, according to a report by Ludwig Institute for Shared Economic Prosperity (LISEP).

Key Points: 
  • Owing to rising prices and stagnant wages, workers saw the biggest drop in median earnings in three years in Q1 2024.
  • LISEP issued its monthly True Rate of Unemployment (TRU) for March in conjunction with the Q1 2024 True Weekly Earnings (TWE) report.
  • The overall TWE dropped $23 a week in Q1, from $974 to $951 — a 2.4% decrease, the largest quarterly drop since the Great Recession in Q1 2009.
  • This drop effectively erased all of the post-COVID wage gains, with TWE now at its lowest level since Q1 2021 ($945/week).

The Rise of Empowered Parenting: Social Media Sparks a Revolution of Embracing Imperfection and Authenticity Among Parents

Retrieved on: 
월요일, 3월 25, 2024
Family, Data Management, Data Analytics, Technology, Consumer, Teens, Parenting, Children, Baby, Maternity, Other Communications, Publishing, Communications, Social Media, Other Professional Services, Consulting, Media, Professional Services, Other Consumer, Women, Other Technology, Men, Internet, Pew, Mother, Bump, Climate change, Generation, Marriage, Face, Motivation, Learning, Environment, Parent, Partnership, Bias, Yoga, Shame, Social media, Child, Politics, Great Recession, Father, Pregnancy, Judgement, Humour, Carbon, Hobby, Marketing, Woman, Male, American Dream, Empowerment, Pew Research Center, Generation Alpha, Supreme court, Content, Global recession, Intelligence quotient, Traction, Creativity, Disability, Workforce, Habit, Society, Report, Toy

As the antidote to feeling shame and judgment resulting in high levels of stress, today’s parents are prioritizing authenticity, humor and personal well-being on their parenting journeys.

Key Points: 
  • As the antidote to feeling shame and judgment resulting in high levels of stress, today’s parents are prioritizing authenticity, humor and personal well-being on their parenting journeys.
  • They are forsaking unrealistic standards for showcasing raw, relatable moments, whether in person or on social networks.
  • Social media has contributed to this new, empowered approach to embracing imperfections.
  • According to a recent Pew Research study, 65% of parents rarely or never feel judged by their community of parents.

ExchangeRight Now Serving Over 8,000 Investors

Retrieved on: 
화요일, 4월 2, 2024
Retirement, REIT, DST, Investment, Global recession, Great Recession, Financial services

ExchangeRight is honored to have provided every ExchangeRight investor with monthly distributions that have met or exceeded initial projections from inception-to-date across all 93 of the company's past and current offerings.

Key Points: 
  • ExchangeRight is honored to have provided every ExchangeRight investor with monthly distributions that have met or exceeded initial projections from inception-to-date across all 93 of the company's past and current offerings.
  • The ExchangeRight team is deeply grateful to the representatives and advisors who have trusted the company to deliver attractive returns and strategic exits for their clients.
  • Joshua Ungerecht, a managing partner at ExchangeRight, added that this milestone is especially meaningful to ExchangeRight given its investor-centric focus.
  • We are honored to steward the trust of so many investors, advisors, and representatives who look to ExchangeRight to provide investments that target tax-deferral, capital preservation, stable income, and strategic exits."

Redfin Analysis: Black Millennials Are Half As Likely to Own a Home As White Millennials

Retrieved on: 
화요일, 3월 5, 2024
Professional Services, Data Management, Data Analytics, Technology, Residential Building & Real Estate, Software, Construction & Property, Generation X, Grandparent, African Americans, Sale, Parent, Great Recession, Global recession, Real estate

That’s the largest gap of any generation, but Black Americans are much less likely to own their home than white Americans at every age.

Key Points: 
  • That’s the largest gap of any generation, but Black Americans are much less likely to own their home than white Americans at every age.
  • White adult Gen Zers are nearly twice as likely as Black adult Gen Zers to own their home, with respective homeownership rates of 30% and 16%.
  • Just over half (52%) of Black Gen Xers own their home, compared to 80% of white Gen Xers.
  • But the racial homeownership gap persists because it has grown at a similar pace for white millennials and Gen Xers.

LegalShield Data Reveals Mixed Consumer Experience: High Bankruptcy, Lower Stress

Retrieved on: 
화요일, 2월 20, 2024
Personal Finance, Finance, Consulting, Professional Services, Legal, Federal Reserve Bank, Consumer confidence index, Saltarello, Analytic function, Great Recession, Multimedia, SVP, CSLI, Overalls, LegalShield, Index, Conference, Data, Bankruptcy, Global recession, Millennials, Cryptocurrency

LegalShield released its January Consumer Stress Legal Index (CSLI) showing a slight decline in overall stress, but a nearly 4-year high in bankruptcy inquiries.

Key Points: 
  • LegalShield released its January Consumer Stress Legal Index (CSLI) showing a slight decline in overall stress, but a nearly 4-year high in bankruptcy inquiries.
  • View the full release here: https://www.businesswire.com/news/home/20240220544582/en/
    LegalShield’s primary index, the Consumer Stress Legal Index, declined 3.2 points to 63.5, principally due to a seasonal decline in overall consumer finance inquiries.
  • “Our data bucks prevailing wisdom: While we saw the expected seasonal easing of consumer stress felt by our members, we just posted a post-pandemic record for bankruptcy inquiries,” said LegalShield CEO Warren Schlichting.
  • LegalShield receives approximately 150,000 contacts each month from consumers seeking legal help in more than 90 areas of law, including key consumer issues.

32% of Homes for Sale in the Fourth Quarter Were Newly Built—Just Shy of the Record High

Retrieved on: 
목요일, 2월 1, 2024
Software, Construction & Property, Internet, Technology, Online Retail, Other Construction & Property, Retail, Residential Building & Real Estate, Sale, Great Recession, Global recession, Chart, Real estate

(NASDAQ: RDFN) — Nationwide, 31.8% of U.S. single-family homes for sale in the fourth quarter were new construction, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.

Key Points: 
  • (NASDAQ: RDFN) — Nationwide, 31.8% of U.S. single-family homes for sale in the fourth quarter were new construction, according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage.
  • That’s comparable with 31.9% a year earlier, which is the highest level of any fourth quarter on record.
  • Newly built homes are taking up a growing share of the for-sale housing pie for two primary reasons:
    Homebuilding has increased.
  • Homebuilding has been on an upward trajectory since 2009 as builders have slowly climbed their way out of the hole caused by the Great Recession.

Northwestern Mutual Announces Senior Leadership Changes

Retrieved on: 
목요일, 2월 1, 2024
Policy, Growth, Great Recession, Milwaukee Public Museum, CFO, Kellogg School of Management, Retirement, Global recession, Investment, Trustee, Health, Organization, Management

MILWAUKEE, Feb. 1, 2024 /PRNewswire/ -- Northwestern Mutual Chairman and CEO John Schlifske today announced senior leadership changes as part of the company's overall succession planning process to best position the company's leadership team for the future.

Key Points: 
  • As a continuation of the recent CEO succession announcement, the company shared additional key senior leadership changes approved by the Board of Trustees.
  • Roberts joined Northwestern Mutual in 2006 as an analyst for Northwestern Mutual Capital and has held numerous leadership roles in Distribution, including regional vice president until 2018, working closely with field leaders to develop their organizations to new levels of health and growth.
  • "His promotion is a testament to the depth and breadth of talented leaders at Northwestern Mutual and our continued commitment to talent development of the leadership team."
  • Mike's retirement follows a long and successful career at Northwestern Mutual, where he served in numerous leadership roles.

HOME EQUITY DOWN SLIGHTLY ACROSS U.S. DURING FOURTH QUARTER BUT REMAINS STRONG

Retrieved on: 
목요일, 2월 1, 2024
Pressure, AVM, Housing, Global recession, LTV, Great, Employment, Home insurance, Sale, Trust, Arms industry

IRVINE, Calif., Feb. 1, 2024 /PRNewswire/ -- ATTOM, a leading curator of land, property, and real estate data, today released its fourth-quarter 2023 U.S. Home Equity & Underwater Report, which shows that 46.1 percent of mortgaged residential properties in the United States were considered equity-rich in the fourth quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.

Key Points: 
  • The portion of mortgaged homes that was equity-rich in the fourth quarter of 2023 decreased from 47.4 percent in the third quarter of 2023, marking the second straight quarterly decline.
  • The latest figure also was down from 48 percent in the fourth quarter of 2022.
  • The portion of mortgaged homes considered seriously underwater rose nationwide from one in 40 during the third quarter of 2023 to one in 38 during the fourth quarter.
  • Seventeen of the 20 counties with the smallest share of equity-rich homes in the fourth quarter of 2023 were in the South.

Redfin Reports Gen Z’s Homeownership Rate Stagnated in 2023, But Millennials and Gen X Saw Gains

Retrieved on: 
수요일, 1월 17, 2024
Generation Z, Generation X, Consumer, Residential Building & Real Estate, Construction & Property, Family, Research, City, Housing, History, Gen, Sale, Global recession, Retirement, News, Great Recession, Real estate

Meanwhile, the homeownership rate for millennials rose to 54.8% from 52%, and the homeownership rate for Gen X rose to 72% from 70.5%.

Key Points: 
  • Meanwhile, the homeownership rate for millennials rose to 54.8% from 52%, and the homeownership rate for Gen X rose to 72% from 70.5%.
  • The homeownership rates for 19-to-25-year-old Gen Zers are higher than the homeownership rates were for millennials and Gen Xers when they were the same age.
  • For example, the rate for 24-year-old Gen Zers is 27.8%, compared with 24.5% for millennials when they were 24 and 23.5% of Gen Xers when they were 24.
  • The homeownership rate for 26-year-old Gen Zers is 30%, below 31% for millennials at 26, 32.5% of Gen Xers at 26, and 35.6% of boomers at 26.