Affordable housing plays a vital role in the vision of an “opportunity economy” outlined by Vice President Kamala Harris. In a recent economic policy pitch, Harris highlighted the need to lower the costs associated with both owning and renting a home in the United States. Emphasizing the importance of increasing affordability, Harris stated that efforts
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Edgar Bronfman Jr. recently made a bold offer for a controlling stake in Paramount Global that could potentially result in Shari Redstone remaining closely associated with the company. If Bronfman’s bid is successful, he is open to the idea of Redstone, who currently serves as the non-executive chairman at Paramount, continuing to be involved with
The Inflation Reduction Act (IRA) has ignited a manufacturing boom throughout the United States, resulting in billions of dollars in investment, particularly in rural areas seeking economic development. The success and sustainability of these investments appear to be contingent on the outcome of the upcoming U.S. presidential election. Investors are apprehensive about the Republican victory,
As Federal Reserve Chair Jerome Powell prepares to deliver his policy speech at the annual central bankers conference in Jackson Hole, Wyoming, market expectations for rate cuts are already set in stone. The general consensus is that the Fed will begin cutting rates in September and will likely continue to do so through the end
In recent years, the cost of attending college has reached staggering heights, with some institutions charging nearly six figures per year. Schools like New York University, Tufts, Brown, Yale, and Washington University in St. Louis have a sticker price of over $90,000 for the 2024-25 academic year. With tuition adjustments averaging around 4% annually, it
Last week, Wall Street recorded back-to-back weekly gains, fueled by Federal Reserve Chairman Jerome Powell’s speech indicating interest rate cuts. The S&P 500 and Nasdaq both rose nearly 1.5% for the week. The market now anticipates 100 basis points of cuts by year-end, with a 25-basis-point cut in September, a possible 50-basis-point cut in November,
Boeing has made the decision to return its Starliner capsule from the International Space Station (ISS) without the NASA astronauts that it originally delivered to orbit in early June. This unexpected turn of events has led NASA to now have astronauts Butch Wilmore and Suni Williams return via SpaceX’s Dragon spacecraft, which is scheduled to
The recent data breach at National Public Data, a background check company owned by Jerico Pictures Inc., has brought to light the exposure of personal information on an unprecedented scale. Reports suggest that over 2.7 billion personal records may have been leaked, with Social Security numbers, names, email addresses, phone numbers, and mailing addresses among
Federal Reserve chair Jerome Powell recently hinted that a rate cut is on the horizon, marking the first time rates have been trimmed in over four years. This potential shift in policy has left investors wondering about the best course of action to take. Financial advisors suggest that those with diversified portfolios may not need
The Biden administration recently announced that it will be resuming the initiative to provide free at-home Covid-19 tests to American households starting in late September. This decision comes as the virus continues to pose a significant threat across the United States, especially with the rise of new variants this summer. Through the COVIDtests.gov platform, Americans