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Dec 8, 2023

It’s hard to survive the 2023 housing market

This year has been particularly brutal for prospective homebuyers. But first, let’s unpack this morning’s jobs report.

A labor market in a healthy place
by David Brancaccio
There’s news this morning that the unemployment rate has fallen to 3.7%. The data also shows just under 200,000 more people were in payrolls in November compared to October. With these reports in hand, we check in with Christopher Low, chief economist at FHN Financial.
A DHL strike just in time for the holiday shipping boom
by Nova Safo
It is the especially busy time of year for package delivery companies. But international shipper DHL has a strike on its hands at one of its hub airports in the U.S. The Teamsters union is also warning it could strike at two UPS hubs.
With high prices and interest rates, homebuyers feel the pressure
by Meghan McCarty Carino
Justin Sullivan/Getty Images
Realty firm Redfin said homes are less affordable than at any time since they started tallying the numbers 11 years ago.
Taking a bite out of Korean corn dogs
by Leanna Byrne
You’ve heard of “Squid Game” and K-Pop. Now, the latest manifestation of the international Korean cultural wave is the K-dog. Bunsik, a Korean chain that sells Korean corn dogs, is expanding across Britain right now We dig in.