Throughout her career, Vice President Kamala Harris has been a strong advocate for affordable housing. She believes that every American deserves access to affordable housing, as mentioned in a post on X on July 16. The Biden administration’s initiative to cap rent increases by 5% on landlords with 50 or more rental units without losing
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The “buy now, pay later” industry has been gaining popularity in recent years, allowing consumers to make purchases and pay off the debt at a later date. However, concerns have been raised about the lack of regulation in this industry and the potential risks it poses to consumers, especially younger ones. The British government, under
Unilever, the consumer goods giant, saw its shares rise on Thursday as it raised its full-year margin guidance and confirmed that the spinoff of its ice cream business is on track to be completed by the end of 2025. The company’s stock climbed nearly 8% during the morning, settling around 5.45% higher by 10:14 a.m.
The Duane Arnold Energy Center in Palo, Iowa ceased operations in 2020 after 45 years of service. However, NextEra Energy is now considering restarting the nuclear plant as demand for carbon-free energy grows, especially amid a historic surge in electricity consumption. NextEra CEO John Ketchum highlighted the need for a thorough review of the risks
The upcoming U.S. presidential election is expected to bring about an increase in stock market volatility, according to various strategists. This prediction has left many investors feeling anxious about the potential outcomes and how they might affect their investments. A survey conducted by the American Psychiatric Association revealed that 73% of respondents reported feeling anxious
The current state of the job market is leaving many workers feeling disheartened and uncertain. Recent data shows that job seeker confidence in Q2 of 2024 has plummeted to the lowest level in more than two years. This decline in confidence signals that workers are increasingly pessimistic about their prospects of securing their desired jobs.
Deutsche Bank’s recent financial report revealed a concerning trend as the bank snapped a 15-quarter profit streak with a narrower-than-expected loss. The net loss attributable to shareholders was 143 million euros, slightly better than the predicted loss of 145 million euros according to analysts. However, the bank’s decision to make a provision for an ongoing
In the past week, mortgage interest rates have seen a slight decrease, with the average rate for 30-year fixed-rate mortgages dropping to 6.82% from 6.87%. Despite this decrease, potential homebuyers are still hesitant to make a move. It seems that the decrease in rates is not significant enough to push buyers off the fence. The
Alphabet, the tech giant, saw a 1% decline in its stock despite beating both top and bottom line expectations in the second quarter. While the company reported earnings of $1.89 per share on $84.74 billion in revenue, investors were disappointed by a miss in revenue from its YouTube advertising segment. Shares of Tesla dipped 4.7%
The sales of previously owned homes in the United States dropped by 5.4% in June compared to the previous month, totaling 3.89 million units on a seasonally adjusted, annualized basis according to the National Association of Realtors. This decrease also represents a 5.4% decline compared to June of the previous year. The slow pace of