US homeowners are sitting on $28.7 trillion of equity | 3 in 4 HR leaders finding it hard to bring back staff onsite | Donald Trump's election fraud trial in Georgia will be livestreamed

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Don't like ads? Go ad-free with TradeBriefs Premium US homeowners are sitting on $28.7 trillion of equity - Markets Insider    That's according to a new report from LendingTree, which pointed out that even though the figure has dipped from a record $31.8 trillion in the second quarter of 2022, it remains significant. On balance, that comes out to roughly $334,000 of equity for every owner-occupied housing unit in the country. The huge total value of home equity in the US is one consequence of rising home prices and values. Wells Fargo economists pointed out earlier in August that massive home-price appreciation could help keep consumers afloat as pandemic savings dry up. Soaring home prices look like an "underappreciated tailwind" for homeowners, the bank said. "Homeowners have more equity in their homes today than they did at any point in the 35 years between 1987 and 2022," the economists wrote in a note. "Yes, higher rates make borrowing more expensive, but a home loan generally carries far lower interest than credit card debt, especially after accounting for the tax deductibility of interest on a mortgage." Continued here 3 in 4 HR leaders finding it hard to bring back staff onsite -     HR executives are struggling to bring back staff to the office, according to a new report, as CEOs continue pushing an on-site return that HR leaders said risks losing talent. A survey among 185 HR executives from The Conference Board found that 73% are finding it difficult to encourage employees to return to workplaces. According to the report, 56% of workers are still working remotely at least part of the time. Another 76% said professional and office workers remain under a hybrid or remote schedule. Continued here Donald Trump's election fraud trial in Georgia will be livestreamed - BBC News    Donald Trump's trial in Georgia over charges of election fraud will be livestreamed and televised, a judge has ruled. All the hearings will be available live on Fulton County Court's YouTube channel, said Judge Scott McAfee. A date for the trial has not yet been set, but it could be next year when Mr Trump is running for re-election. Continued here

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