Phillip Molnar

San Diego

Business Reporter at The San Diego Union-Tribune

Business reporter at The San Diego Union-Tribune (@sdut) & @KOGORadio contributor. Grad of @NorthernMichU & @nyu_journalism. Big fan of Star Wars, Padres

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Articles

The incredible shrinking apartment: San Diego’s average unit now 827 square feet

3 days ago | sandiegouniontribune.com | Phillip Molnar

RentCafe said San Diego had one of the biggest apartment size drops in the nation
No tariff shocks yet: San Diego’s jobless rate drops to 4.2%

6 days ago | sandiegouniontribune.com | Phillip Molnar

San Diego County’s unemployment rate keeps falling. The region’s unemployment rate was 4.2% in March, state labor officials said Friday. It’s been on a steady decline after starting the year at 4.5%, led by education and tourism hiring. At the same time, the nationwide unemployment rate was also 4.2%, but California was higher at 5.3%.
Los precios de las viviendas en San Diego están aumentando, pero ¿durará esta situación?

6 days ago | sandiegouniontribune.com | Phillip Molnar

El precio de la vivienda en el condado de San Diego continuó subiendo en febrero, pero aún se encuentra lejos de su máximo. El precio medio de la vivienda fue de $886,500 en febrero, según un informe de Attom Data Solutions publicado el jueves, un aumento de $20,000 con respecto al mes anterior. La mediana, una combinación de todas las ventas cerradas de casas unifamiliares, casas adosadas y condominios, alcanzó un máximo de $915,000 en junio.
Econometer: Was a trade war with China necessary?

6 days ago | miamiherald.com | Phillip Molnar

The trade war with China has spooked investors but also has its supporters among business leaders who feel ripped off by the world's second-largest economy. Business leaders for years have decried intellectual property theft, unequal treatment of U.S. companies and cyberattacks. "Shark Tank" star and investor Kevin O'Leary said he would like tariffs of 400% on China. Still, the trade war has its critics.
San Diego home prices are rising, but will it last?

6 days ago | ocregister.com | Phillip Molnar

San Diego home prices are rising, but will it last? The median home price was $886,500 in February, up 4.1% in a year
Was a trade war with China necessary?

6 days ago | sandiegouniontribune.com | Phillip Molnar

The trade war with China has spooked investors but also has its supporters among business leaders who feel ripped off by the world’s second-largest economy. Business leaders for years have decried intellectual property theft, unequal treatment of U.S. companies and cyberattacks. “Shark Tank” star and investor Kevin O’Leary said he would like tariffs of 400% on China. Still, the trade war has its critics.
San Diego’s home price is rising, but will it last?

1 week ago | sandiegouniontribune.com | Phillip Molnar

San Diego County’s home price continued to rise in February but was still off from its peak. The median home price was $886,500 in February, said a Attom Data Solutions report released Thursday, up $20,000 from the previous month. The median, a combination of all closed sales of single-family, townhouses and condos, hit a high of $915,000 in June. Prices dropped in the fall, but have been steadily increasing ever since.
San Diego bans ‘price-fixing’ software from RealPage to set rents

1 week ago | miamiherald.com | Phillip Molnar

San Diego voted Tuesday to ban software that it says is being used to illegally raise residential rents. The city council targeted software used by Texas company RealPage, which has been in federal crosshairs since August when the Biden administration filed an antitrust lawsuit against it. The Justice Department claimed the software's algorithm allows landlords to view confidential information across competitors to align prices, avoid competition and keep rents high.
Could the U.S. become a manufacturing hub again?

1 week ago | mercurynews.com | Phillip Molnar

In his announcement, the president said the U.S. could be a manufacturing hub again. “Empty, dead sites, factories that are falling down … will be knocked down, and they’re going to have brand new factories built in their place,” Trump said. “We’re going to be an entirely different country.”Several economists have taken a different view. They say tariffs could lead to a major slowdown in the economy or, worst case scenario, a recession.
Could the U.S. become a manufacturing hub again?

1 week ago | sandiegouniontribune.com | Phillip Molnar

President Donald Trump recently implemented the biggest tariff increase from the U.S. since the 1930s. He said one of his goals is to grow manufacturing stateside. In his announcement, the president said the U.S. could be a manufacturing hub again. “Empty, dead sites, factories that are falling down … will be knocked down, and they’re going to have brand new factories built in their place,” Trump said. “We’re going to be an entirely different country.”Several economists have taken a different view.