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Doug Holtz-Eakin, who will testify with Moody s chief economist on Tuesday, told Newsweek, the debt limit debate is a "carbon copy" of the 2011 crisis. ....
Here's What Today's Inflation Report Means - The Daily Reckoning dailyreckoning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyreckoning.com Daily Mail and Mail on Sunday newspapers.
With most mortgage related headlines focused on rates being back above 6 percent for the first time since 2008, it makes sense that 67 percent of millennials and Gen Zers who moved back home during the pandemic still live there. Lending Tree surveyed more than 1,300 U.S. parents and/or generation Zers/millennials to get their thoughts on pandemic parent-living arrangements and found that 85 percent of parents would let their children move back in as adults or have previously done so, and most (73 percent) wouldn’t charge them rent. That sounds “pretty sweet” as higher mortgage rates combined with still-high home prices are making it challenging for homebuyers as we head into what historically has been the best time of the year to find a home. According to economist Elliot Eisenberg, Ph.D., asking rents rose 0.4 percent in August this year. While that is historically very high (pre-Covid, rent hikes in August were about 0.2 percent), that figure is way down from the ....
WASHINGTON (Reuters) - President Joe Biden announced on Wednesday a long-awaited plan to cancel billions of dollars in student debt, making good on a . ....
WASHINGTON (Reuters) -President Joe Biden announced on Wednesday a long-awaited plan to cancel billions of dollars in student debt, making good on a campaign promise to aid debt-strapped younger Americans ....