Hi, everyone. Today we learn how ineritance works when it comes to airline miles being passed to family members, and how the airlines make it difficult. We take a look at data behind the changing real estate market in Phoenix, and how it’s being shaped Zillow. Rising construction costs are depressing land values, slowing D.C.’s values. Interesting data recently revealed shows the risk of dual-income couples going into retirement, and how women are at higher risk compared to their single counterparts. And we look at the fed’s reaction to markets calling for lower interest rates.
After a loved one dies, airlines often don’t make it easy for family members to salvage miles that could be worth thousands of dollars
High-tech flippers such as Zillow are using algorithms to reshape the housing market.
A study on the National Retirement Risk Index found that 46% of married women are at risk in retirement — compared with about 39% of single women. That’s because dual income couples benefit less from Social Security and tend to save less in their retirement plans, according to Alicia H. Munnell, director of Boston College Center for Retirement Research. “These findings highlight the need for two-earner couples to save more, and the best way to address this issue would to broaden access to retirement savings plans in the workplace,” she writes.
Even with President Donald Trump and the markets calling for lower interest rates, the Fed is not likely to make a move when it meets this week, though it is expected to smooth the way for a rate cut later in the summer.