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Tuesday 9 July 2024

Good tidings for home buyers

06:16

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Also: Is your financial app safe? ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌  ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 

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The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Jul 9 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Homes sold below their list price at the peak of the housing season, Redfin reports, a development that could shift the real estate market to the buyer's advantage.

The typical home that sold during a four-week span in May and June went for 0.3% less than its asking price, according to the real estate brokerage Redfin.

That data point matters, housing experts say, because the market hits its annual peak in late spring and early summer. In the last few years, the average home sold at or above list price at that time of year. This year, it did not.

How do you know if a financial app is safe?

Americans are increasingly using financial apps to manage their money, but they need to be careful about which ones they choose to share their most sensitive data and how they do it, Medora Lee reports.

Nearly 3 in 4 of the financial apps examined by researcher Creditnews share at least some information with third parties. On average, the apps shared about six types of data, including device or other ID information, names, email addresses, app interactions, and phone numbers, Creditnews said. The most egregious apps shared about three times that amount of data.

Due to sensitive information used in financial apps, they're prime targets for cybercriminals. Each time the app shares your data with a third party, your data footprint widens, creating more opportunities for your data to get stolen. Criminals can use stolen information to steal your money, identity, or reputation.

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Finding a remote job isn't as easy as it once was, Bailey Schulz reports.

While experts say work-from-home is here to stay, research shows that there has been a dip in remote and hybrid job postings since pandemic-era highs. Data from job search site Indeed shows that the share of job postings advertising remote or hybrid work options fell from a peak of 10.3% in February 2022 to 8.3% as of November.

This dip is especially prevalent among high-paying jobs, according to a report from career site Ladders. It found six-figure hybrid job postings dropped 69% at the end of 2023 from the previous quarter, while six-figure remote jobs slipped 12%. The findings are based on an analysis of nearly a half-million job postings on the site between October and December.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.

8. Real estate rentals   Buying a rental property and pocketing the rental income is one way to get a steady money source in retirement. If you purchase the right property at the right price, you can easily cover the mortgage and taxes and net yourself some extra dollars. The downside? As a landlord, you are responsible for maintenance, or you can hire a management company to do the work for you.  ALSO READ: Record Inflation Driving Up   Prices for these 40 Household Items

Homes are selling below list price at the peak of the housing season, a sign that the market is getting better for buyers and worse for sellers.

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An icon for the Google Maps app is seen on an Apple iPhone 4S on December 13, 2012 in Fairfax, California. Three months after Apple removed the popular Google Maps from its operating system to replace it with its own mapping software, a Google Maps app has been added to the iTunes store. Apple Maps were widely panned in tech reviews and among customers, the fallout resulting in the dismissal of the top executive in charge of Apple's mobile operating system.
 

Don't get hacked on your financial app. How to keep your data safe

Americans increasingly use financial apps to manage their money, but they need to take steps to keep their data away from cybercriminals. Here's how.

State employees have grown accustomed to working remotely since August but a memo sent out by staff Tuesday will send those workers back to the office in January despite rising COVID-19 concerns.
 

It's getting harder to find remote work with a six-figure salary

A new report from career site Ladders found six-figure hybrid job postings dropped 69% at the end of 2023 from the previous quarter.

Camille Dunn, Walmart spokeswoman, said Walmart plans to move its operations in Edgerton to its fulfillment center in Topeka at 1303 S.W. Innovation Parkway
 

Walmart faces class-action lawsuit over 'deceptive' pricing in stores

A July 3 court ruling found retail giant Walmart must face a class-action lawsuit alleging that the company engaged in unfair pricing.

12. Advertising and Promotions Managers     • Median annual wage in Houston:  $132,920     • Wage as pct. of median wage for all occupations:  315.8%     • Median annual wage for occupation nationwide:  $133,460     • Total employment for occupation in Houston: 230     • Projected employment growth nationwide: 10.3%    ALSO READ: 87 Jobs With Six Figure Salaries
 

How to turn down a demanding job promotion

Discuss with your employer the short- and long-term implications of accepting and declining the promotion.

Live events industry workers push empty cases from Marquee Theatre to Tempe Beach Park on Sept. 22, 2020, in Tempe, Ariz. The rally was held to show the impact of COVID-19 on the live events industry and its workers.
 

Companies are cutting temp jobs in possible sign of weakening labor market

A two-year pullback in temp jobs has shown employers prefer permanent workers during labor shortages. Now it may also be signaling employer caution.

Customers come and go from Target store during Black Friday shopping on Nov. 23 in Anderson, S.C.
 

Target stores will quit accepting checks later this month

Two days after the end of the Target Circle Week sale, which runs July 7-13, the retailer will quit taking personal checks for payment in stores.

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How's the economy? See what 240 million Americans think in new index

A new economic index based on 240 million consumers offers optimism as the June inflation report is released this week.

A sign warns beach visitors not to swim or surf due to rip currents caused by Tropical Storm Beryl on Sunday evening, July 7, 2024, in Corpus Christi, Texas.
 

1,700 flights canceled, cruises moved, in Tropical Storm Beryl's wake

More than half the cancellations affect flights in and out of Texas, where Beryl made landfall as a hurricane early Monday morning.

A woman walks past a currency exchange shop in central Tokyo on June 30, 2024, after the yen slid late the week before to its weakest value against the US dollar since 1986.
 

The biggest mistakes you can make with your money traveling abroad

From where to exchange currency to how much cash to carry, here's what travelers should know about spending abroad.

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