orbit the moon with astronauts board and artemis iii for 2025 will land people at the moon s south pole. joining me now is kristen fisher live at the kennedy space center in florida. i love the nod to the program, calling this artemis. what s the significance of this mission if we ve been to the moon before? reporter: you know, a lot of people say that. the reason nasa wants to go back to the moon with the artemis program is two reasons one they want to leave behind more than flags and footprints. they want to build a base on the moon. one that astronauts can live on permanently. and part of the reason they want to do this is because china also has plans to build a base on the south pole of the moon, so there s a political competition element to it. and the other reason is they want to go to mars. nasa officials stress the moon is a proving ground and stepping point to some day get to mars, christine? how are the weather conditions there? is it likely to lift off in the t
these are the unfortunate costs of reducing inflation. but a failure to restore price stability would mean far greater pain. pain, that word. summer dull drums, right. no way. once minor economic reports are scrutinized for any clues how the federal reserve is battling red hot inflation. housing news early this week, an august jobs report friday, the fed has raised interest rates three time this is year and is not done. the suggestion from the fed chief that more large rate hikes are on the table, unraveling the late summer rally, down more than 3% and looking weak again this morning. despite the gloom, though, this is important despite the gloom and the hawkish fed, the job rate is strong. near a 50 year jobless rate low. will the fed s medicine result in job losses? elizabeth warren this weekend
besides worried about square footage there s low inventory, sky high prices and bidding wars and now rising mortgage rates. they re almost a point higher than they were when i made that offer in escrow, so that s a significant jump. reporter: this week a 30 year fixed rate low is 3.6% back up to pre pandemic levels. on a median home price of $350,000 americans can expect to spend $120 more on average excluding taxes and insurance than they did a year ago. i think that affects the kind of homes i look at, that affects the neighborhoods i look at, affects the kind of mention i m willing to go and have conviction about that maybe i didn t a month or week ago. reporter: mortgage rates are going up in anticipation of higher interest rates, which the federal reserve said would happen this year. in just the last month a 30-year mortgage rose by a half a point. every half point the mortgage
Construction Milestone for HQ2 "Metropolitan Park, the first phase of our second headquarters' development in Arlington, Virginia, is taking shape as we
i don t think it is politically feasible to get rid of the pgc. we have to be a safety net or entitlement. getting rid of it gets rid of a safety net when what we want is keep the safety net, not make it entitlement. john, keep the safety net? go ahead. i don t see why we are on the hook for company errors. that s the problem, it made us into a safety net society, keep propping up failures of others. michael? if you allow them to charge the proper rate, you won t have to bail it out. that s the point. keeping the rate low, it isn t able to cover its liabilities. i agree with mike on this. exactly the problem. great panel, you guys. next, are rocky times ahead. names that survive and thrive, even if the market goes down. stay with us. kid: hey dad, who was that man? dad: he s our broker. he helps looks after all our money.