Michael Sasso

Stay informed with Michael Sasso’s coverage and analysis for Fortune.

New Homes

U.S. new-home sales unexpectedly jump over 20% in broad advance

By Michael Sasso and Bloomberg

ZHENGZHOU, CHINA – APRIL 19: In this photo illustration, Nvidia H20 chip is seen on April 19, 2025 in Zhengzhou, Henan Province of China. (Photo by VCG/VCG via Getty Images)

Nvidia, AMD agree to pay US 15% of China chip sale revenue

By Hadriana Lowenkron, Michael Sasso, and others

happy woman and man, holding keys from new first house, young family celebrating moving day, satisfied customers couple purchase real estate, mortgage and relocation concept. The building can be seen in the background

U.S. existing-home sales top estimates, rebound from bad weather

By Michael Sasso and Bloomberg

The exterior of the US Department of Housing and Urban Development

New home sales drop to three-month low due to high mortgage rates and harsh winter storms

By Michael Sasso and Bloomberg

Two people looking up at inaccessible house

Home prices jump to record high, widening the divide in the housing market between current owners and first-time buyers

By Michael Sasso and Bloomberg

house frozen in ice cube

The housing market is finally seeing more inventory, but buyers aren’t showing up as a ‘cold reality is settling down’

By Prashant Gopal, Michael Sasso, and others

Photo of a young American couple sitting in front of their house, laughing.

Small towns with affordable home prices beckon remote workers

By Michael Sasso and Bloomberg

Senior citizen

The Pandemic Housing Boom drove a $91,000 windfall for the average U.S. senior

By Michael Sasso and Bloomberg

US President Joe Biden addresses the Maui fire disaster before speaking about Bidenomics in Milwaukee, Wisconsin, August 15, 2023. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)

Joe Biden is staking his re-election on an economic policy called ‘Bidenomics’ that’s driving Republicans crazy

By Michael Sasso and Bloomberg

Beneath new architecture, City businessmen walk with their takeaway lunches along Bevis Marks in the City of London, the capital’s financial district, on 17th June 2019, in London, England. (Photo by Richard Baker / In Pictures via Getty Images Images)

In returning to the office, one gender is rushing back faster than the other

By Michael Sasso and Bloomberg

Young casual businessman wearing glasses is sitting in front of his notebook holding his head pondering over his work. Office equipment and another computer is in front of him.

‘Quiet quitting’ has a lead demographic: Young, educated American men

By Michael Sasso and Bloomberg

NORTH LAS VEGAS, NEVADA – MARCH 31: An exterior view shows an Amazon fulfillment center on March 31, 2021 in North Las Vegas, Nevada. The company is offering employees COVID-19 vaccinations at the facility for eight days. (Photo by Ethan Miller/Getty Images)

Big corporations are accelerating the push towards higher minimum wage

By Michael Sasso and Bloomberg