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One thing: The vacation economy

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For many Americans, travel costs aren’t budget-friendly right now. But for many others, the desire to travel is simply stronger than the desire to cut back on spending.

🦅 Red, white, and blue

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America’s birthday is coming up, which means we’re celebrating freedom with food, fireworks, and fun. Spend some of your free time catching up on the latest money headlines. 

🏆 Winning streak

Money

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Since 1987, no team has gone unbeaten on the icy road to a Stanley Cup championship. But business is booming for the NHL. Read on for more money news.

Over 1 in 5 Americans have no emergency savings

Money

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Are Americans prepared for a financial emergency? Many, it turns out, are not. A new Empower study reveals 21% of Americans have no emergency savings and 37% couldn’t afford an emergency expense over $400.

Capital markets perspective: Game, set, match

Money

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When the Federal Reserve Board announces a decision on interest rates, stock and bond markets often ping-pong back and forth while the post-decision press conference is on air. This most recent one was stunning for its almost complete lack of highs and lows.

One thing: Property market pinch

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One thing moving markets is the slowing supply of new apartment units, with the annual rate of multifamily building starts dropping to its second-lowest level in four years.