Hi, MarketWatchers. Don’t miss these top stories.Is the housing market in a recession? Here’s what economists are saying Economists are divided over whether to say the housing market’s in a recession. But they all agree that the slowdown has been dramatic. Read More
‘Nobody wants to work anymore’ has been said for 100 years. It wasn’t true then, and it isn’t true now. A viral Twitter thread shows people have complained ‘nobody wants to work’ for decades, but data tells another story. Read MoreMulling an EV? A first-ever $4,000 tax incentive for used electric vehicles is part of Manchin’s compromise With Sen. Manchin’s climate-spending and tax-incentive compromise, here’s what Tesla, Ford and other buyers of new and pre-owned electric vehicles need to know. Read More‘Purchase demand continues to tumble’: Mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike The 30-year fixed-rate mortgage averaged 5.3% for the week ending July 28, according to data released by Freddie Mac on Thursday. Read MoreThese days, a trip to Europe could be a better bargain than you think Flying to Europe this year might sound as absurd as opting for premium gasoline. With prices this high, is it really the right time to splurge? Read More5 features we wish every new car had Most car buyers would gladly trade features like automatic parking and double-digit USB ports for a few easy-to-add convenience features. Read MoreBad news for borrowers: The ‘terminal rate’ — the peak of the Fed’s interest-rate cycle — may still be quite far off The Fed delivered a widely-expected 75 basis-point increase to a key benchmark on Wednesday. Read MoreShould I try to sell my house in this market, or keep it and rent it out? You have options, but understand the tax implications first. Read MoreWhat does FX’s acclaimed ‘The Bear’ really teach us? Skip Chicago’s overhyped deep dish for a beef and giardiniera. Chicagoans are hopeful that buzzy streamer “The Bear” may once and for all 86 a touristy obsession with deep-dish …