Inflation remains a concern.

As per the latest Consumer Price Index released on Wednesday, prices in October were up 2.6% compared to the same month last year. While this marks a significant decrease in inflation compared to the rates faced by consumers throughout much of 2022 and 2023, it is still an increase from the inflation rate recorded in September.

Economists argue that ongoing inflation indicates that the country’s inflation issues are far from resolved, and that the Federal Reserve must continue its efforts to manage rising prices.

Struggling to Buy a Home? Try ‘House Hacking.’

When Joe Christiano’s sister decided to move in with her partner, Christiano wanted to assist her. In the Bay Area, where they reside, the housing market makes both rentals and purchases extremely expensive – at one point, the sisters considered houses priced around $800,000 that had significant structural issues.

As the search continued, Christiano reconnected with an old high school friend who had started a company named Nestment, which aims to help aspiring homeowners who are priced out of the market by offering non-traditional homeownership solutions.

📰 A Must-Read 📰

Here’s a noteworthy article from earlier this year that you may not have seen. Be sure to read and share it!

If you’re hoping for a substantial inheritance from your boomer parents, think again: Only one in five people from the “Me” generation anticipate receiving one.

A new study by Northwestern Mutual reveals a sizable disconnect between the expectations of younger Americans regarding inheritance and the intentions of older Americans to leave one behind.

About The Daily Money

Every weekday, The Daily Money provides the latest in consumer and financial news from YSL News, simplifying complex topics, presenting the key points, and clarifying how various events, from Fed rate adjustments to corporate bankruptcies, impact you.