Rent for Single-Family Homes Rose 10 Percent in September, Fastest Annual Gain in 16 Years

“Strong job and income growth, as well as fierce competition for for-sale housing, is fueling demand for single-family rentals,” said Molly Boesel, principal economist at CoreLogic.

Record Number of American Workers Quit Their Jobs, Signaling Labor Market Squeeze

The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), released Nov. 12, showed that 4.4 million U.S. workers quit their jobs in September, a record high.

Partner at McKinsey Management Consulting Company Charged With Insider Trading

In a press release, the SEC said Puneet Dikshit, a partner at McKinsey, was trading illegally in advance of a corporate acquisition by one of the firm’s clients in September.