Jan 11 Energy and housing prices nudged U.S. inflation up, but many other costs rose only mildly By Paul Wiseman, Associated Press The persistence of still-elevated inflation helps explain why, despite steady economic growth, low unemployment and healthy hiring, polls show many Americans are dissatisfied with the economy. Continue reading
Jan 02 Watch 6:06 Why renting over buying might be the favored choice in today’s real estate landscape By Geoff Bennett, Dorothy Hastings Buying has almost always been favored over renting when it comes to housing. For generations, the prevailing wisdom has been that renting is a waste of money. But what about now, with a tough real estate market characterized by elevated… Continue watching
Dec 24 Watch 6:08 How a ‘perfect storm’ of issues is causing a sharp rise in homelessness By John Yang, Kaisha Young The number of Americans experiencing homelessness is now at its highest since records started being kept in 2007, according to estimates in a new report from the federal government. 2023 saw a 12 percent increase in homelessness over the previous… Continue watching
Dec 22 Chronic homelessness is at an all-time high. Here’s why it continues to climb By Hannah Grabenstein Data from the 2023 point-in-time count show that around one-third of all people experiencing homelessness nationwide are chronically homeless. Continue reading
Sep 20 Watch 7:50 How rising mortgage rates are increasing the cost of living for millions of Americans By Amna Nawaz, Karina Cuevas The Federal Reserve did not hike interest rates Wednesday, but many Americans are still struggling with the burden of the higher costs of borrowing. The Fed’s series of hikes over more than a year has triggered a big jump in… Continue watching
Aug 31 Watch 8:27 U.S. Commerce Secretary discusses trip to China amid military and economic tensions By Nick Schifrin, Dan Sagalyn, Zeba Warsi This week, Commerce Secretary Gina Raimondo became the latest high-ranking U.S. official to visit China and engage with top Chinese leadership. She went during a time of security and trade tensions between the two global giants and China's ongoing economic… Continue watching
Aug 17 Average long-term U.S. mortgage rate climbs to 7.09 percent this week, highest level in over 20 years By Alex Veiga, Matt Ott, Associated Press Sharply higher rates are contributing to a dearth of available homes, as homeowners who locked into lower borrowing costs two years ago are now reluctant to sell and jump into a higher rate on a new property. Continue reading
Aug 05 Analysis: Why your home might feel hotter than the thermostat says, and tips for cooling it down By Jonathan Bean, The Conversation Thermostats don’t tell the whole truth about heat, particularly in older homes. Continue reading
Jul 30 Biggest apartment construction boom in decades likely to bring renters uneven relief By Alex Veiga, Associated Press When viewed through a wide lens, renters across the U.S. finally appear to be getting some relief, thanks in part to the biggest apartment construction boom in decades. But a closer look shows the trend will likely be little comfort… Continue reading
Jun 24 Watch 5:46 Evictions skyrocket as rising rents squeeze low-income Americans By John Yang, Kaisha Young Eviction filing rates are soaring after the pandemic’s renter protection programs expired. One reason is the rising rents and a shortage of affordable housing for those with the lowest incomes. Diane Yentel, CEO and president of the National Low Income… Continue watching