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Rent prices in April were up 25% compared to 2019, report says
But the worst may be over for tenants, thanks to slowing rent growth. Read More
So long, Great Resignation: ‘The Big Stay’ is the new workplace trend, this economist says
Some data suggest workers are hunkering down and less likely to quit their jobs these days Read More
‘Fraud is fun’: Teen hacker charged with breaking into DraftKings accounts leading to theft of $600,000
Joseph Garrison, 18, allegedly made millions from prior scams and was charged last year with making bomb threats to schools across the country. Read More
Would reparations lead to irresponsible spending? Studies on other cash windfalls suggest not, new report says.
Reparations payouts to Black Americans are unlikely to result in reckless spending, financial ruin and reduced labor productivity, researchers say. Read More
Bad news for home buyers: Mortgage rates inch higher, adding costs to the home-buying process
The 30-year mortgage rate is averaging at 6.39%, Freddie Mac said in its latest weekly survey on Thursday. Read More
‘When I ran it past the missus, she went ballistic’: I want to buy a $40,000 car, but my wife said no. Then things really got weird.
“After a decade-plus of driving the automotive equivalent of a plateful of boiled spinach, the new car has captured my imagination.” Read More
U.S. house prices experience the largest yearly decline since January 2012
Existing-home sales fell to a rate of 4.28 million in April, the National Association of Realtors said. Read More
‘From a pandemic crisis to a hunger crisis’: Food banks scramble to meet increased demand as COVID-era benefits expire
“It is uncommon in the history of food banking to have record-low unemployment coupled with record high-food distributions,” a Feeding America official said. Read More