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The Latest Breaking News from Conor Sen

Conor Sen: The White House knows where inflation’s headed. You can too

The White House embraced “Bidenomics” to describe its economic agenda last month, reclaiming a term that President Joe Biden’s detractors have frequently used as a pejorative. Various administration officials have since talked up its ambitions. I have no doubt that they're sincere about the importance of the middle-class, infrastructure investments…

Tribune News Service

Conor Sen: Maine is the new Florida for climate migrants

Millions of Americans have moved to the Southeast over the past few years, bringing immense wealth and transforming real estate markets in places like the suburbs of Dallas and Atlanta. This Sun Belt migration has created a longer-term opportunity in parts of the north as well.It's long been common for…

Tribune News Service

Conor Sen: Squeezed homebuyers are just what the economy needed

The housing market is full of surprises. Sentiment among homebuilders has been perking up, their stocks are surging, and new home sales are at the strongest since early 2022. All in the face of persistently high mortgage rates.

Tribune News Service

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Conor Sen: Booming EV market is complicating the GOP's message

It’s still very early days, but if you're wondering how the 2024 presidential campaign might be different from the last matchup between Joe Biden and Donald Trump, one place to start is electric vehicles. Battery-powered cars are one of the biggest economic vulnerabilities that Republicans have in the battleground states…

Tribune News Service

Conor Sen: Walmart is now fighting inflation in a big way

Americans’ buying power has been squeezed since the start of 2022 as companies steadily raised prices to restore their profit margins — deflated by higher costs for freight and labor — to pre-pandemic levels. Now Walmart Inc. appears to be saying enough is enough.

Tribune News Service

Conor Sen: Bye-Bye, New York. Hello, Fayetteville.

(Bloomberg Opinion) — College graduates and more affluent residents are fleeing high-cost cities like New York and San Francisco, according to a recent New York Times article. Of course, major coastal cities have been pricing out the working class for a long time, but that’s picked up pace in recent…

Tribune News Service

Conor Sen: Major League Baseball’s revolution has just begun

Major League Baseball is famous for clinging to its past, reflecting a storied heritage that fans cherish. But that can be an obstacle when change is needed and decision makers are reluctant to act or take risks.

Tribune News Service

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Conor Sen: What makes this economic slowdown different from the others?

We’ve been watching slumps ripple through various parts of the economy over the past 18 months: technology startups and stocks, regional banks and growing concern about commercial real estate. Yet we’re still waiting for the wider labor market to feel the downturn.

Tribune News Service

Conor Sen: The January inflation bump Americans should welcome

Inflation was the bogeyman of 2022. Here at the dawn of 2023, the big question for the U.S. economy is whether or not — and when — we'll dip into a recession this year. In that respect, the bogeyman could become more of a friend.

Tribune News Service

Conor Sen: Republicans can’t stop a new wave of government spending

The outcome of the midterm elections has left lingering uncertainty in Washington, including the question of what fiscal policy might look like in the new Congress. But even if Republicans regain control of the House of Representatives and/or the Senate, the landscape as we close out 2022 is completely different…

Tribune News Service

Conor Sen: Future remote workers need to network more — in college

Tens of millions of workers had to adjust to working remotely at the onset of the pandemic, and over two years later we continue to debate the right balance between in-person and virtual work. Workers and their employers are still experimenting to see what works best, making the most of…

Tribune News Service

More Signs of a Troubled Housing Market Emerge

Data from the Mortgage Bankers Association show negative developments surrounding mortgages.

The Street

Housing Market Faces a World of Pain

The 30-year fixed mortgage rate jumped to a three year high of 4.67% in the week ended March 31.

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