Robert Reich: 6 reasons for hope in Trump times
The news from DC is dark. Robert Reich isn’t.
Robert Reich: 6 reasons for hope in Trump times Read More »
The news from DC is dark. Robert Reich isn’t.
Robert Reich: 6 reasons for hope in Trump times Read More »
As consumer protections roll back at the federal level, these city programs counsel families in how to save money and eliminate debt.
NextCity: Financial empowerment centers help city residents improve their fiscal health Read More »
Freddie Mac, the country’s largest backer of apartment loans, is rolling out a new program that will offer lower-cost financing to owners who agree to cap rent increases for the life of their loans.
The Washington Post, August 6, 2018: In expensive cities, rents fall for the rich — but rise for the poor U.S. cities struggling with soaring housing costs have found some success in lowering rents this year, but that relief has not reached the renters most at risk of losing their housing. Nationally, the pace of rent
The Rent Relief Act proposed by US Democrats is a flawed but fascinating proposal.
Quartz: Kamala Harris wants US renters to get a tax break. Is it a good idea? Read More »
Online workers may want to get organized.
The Washington Post: Online labor markets may look competitive. They aren’t. Read More »
The 30-year fixed-rate average climbed to 4.60 percent as trade tensions between the U.S. and Europe eased.
The Washington Post: Mortgage rates reach highest level in nearly two months Read More »
The opening credits of “Blindspotting” showcase the city of Oakland, Calif., in split-screen, offering two distinctive points of view. One side shows a vibrant multiracial culture living in a frequently beleaguered environment; the other a gentrifying city whose newest residents — young, white, start-up-happy, new-money types — seem eager to embrace the area’s “authenticity,” as long as their interactions with its longtime residents don’t involve any real discomfort.
The New York Times: Review: ‘Blindspotting’ walks a tense line in a gentrifying Oakland Read More »
Message to those in the news media who keep calling Donald Trump a “populist”: I do not think that word means what you think it means.
The New York Times: Stop calling Trump a Populist Read More »
The Wall Street Journal, : Wells Fargo reaches $2.09 billion settlement over mortgage-backed securities Wells Fargo. agreed to pay $2.09 billion to settle with the Justice Department over the sale of toxic mortgage-backed securities during the financial crisis. The Justice Department said Wednesday it reached a civil settlement with Wells Fargo to end the long-running probe
A Kansas couple says Bank of America blocked access to the account they’ve had with the bank since the early 2000s after they ignored a form demanding proof of citizenship from the husband, who happens to be a native of Wichita.
Fortune: Bank of America freezes family’s accounts after demanding proof of citizenship Read More »
Today the U.S. Department of Treasury released a roadmap for regulating financial technology, defining this administration’s policy approach towards the rapidly growing industry.
Treasury questions financial inclusion for the fintech industry Read More »
The income share of the poorest half of Americans is declining while the richest have grabbed more. In Europe, it’s not happening.
Vox: One chart that shows how much worse income inequality is in America than Europe Read More »
As city and state officials and members of both parties clamor for the federal government to help, Mr. Carson has privately told aides that he views the shortage of affordable housing as regrettable, but as essentially a local problem.
The New York Times: As affordable housing crisis grows, HUD sits on the sidelines Read More »
With its office about two and a half miles away in another part of Brooklyn, Williams’ JW Electric Corp. is a certified minority-owned subcontractor hired to set up the building’s electricity. The firm got $5.1 million in subcontracts for CAMBA Gardens II, its largest contract since Williams founded the business in 2002. The project employed up to 25 of his workers — most of them Brooklyn residents.
Next City: Raising the bar for local economic impact of affordable housing Read More »