Summary List Placement The post-pandemic economy is taking shape. Fifteen months after the US first plunged into lockdown, the economy is well on its way to a complete reopening. Spending is up, businesses are rehiring, and Americans are — slowly — returning to work. Economists largely agree that economic output will grow at the fastest […]
Summary List Placement Hawkish now, dovish later? The Federal Reserve and financial markets are pulling in different directions. On the one hand, the Fed seems to have grown a bit more worried about the possibility of inflation. At last week’s meeting, Fed members moved forward their median estimate for the next interest rate hike and […]
Summary List Placement Indiana residents were set to see their unemployment benefits cut off, but that just changed after a ruling in state court. On Friday, Judge John Hanley issued an order in a lawsuit brought against the state by residents due to lose their benefits. The firms had requested a preliminary injunction that would […]
Summary List Placement On Friday, Rep. Alexandria Ocasio-Cortez slammed Republicans for walking back on a bipartisan infrastructure deal just a day after President Joe Biden said “we have a deal.” On Twitter, Ocasio-Cortez argued the senators had wasted time and negotiated “in bad faith.” “Wow, who could have possibly predicted that Senate Republicans were wasting […]
Summary List Placement Throughout the pandemic, unemployment benefits have taken on a newfound prominence as millions of Americans found themselves jobless — and newly eligible for expanded aid. But while it’s no secret that some states were bogged down with administrative issues for getting that aid out the door, a new report from Bloomberg Businessweek […]
Summary List Placement Poetry is a distinct form of prose that uses unique styles to express emotions and experiences. But it can feel elusive to some readers, and for those who want to get into poetry more, it can be tough to know where to begin. To help select some great starter poetry collections, […]
Summary List Placement After decades of weaker-than-expected price growth, America has inflation on the brain. Inflation — or the general rate at which prices climb — has taken center stage as the US economy climbs out of its year-long slump. Economists expected the combination of a swift reopening and trillions of dollars in stimulus would […]
Summary List Placement As chair of the Senate subcommittee on economic policy, Elizabeth Warren in April invited the CEOs of the country’s major student-loan servicers to testify on the impact of student debt on borrowers. She, and the subcommittee’s Republican ranking member, John Kennedy, say that one of them may have given false testimony. On […]
Summary List Placement An MBA résumé isn’t the same thing as a traditional résumé. While a traditional résumé should be targeted at a recruiter or employer, an MBA résumé is directed at an admissions committee. “The résumé is the applicant’s key piece of marketing material,” Natalie Grinblatt Epstein, currently a senior admissions consultant for Accepted […]
The 2021 nominations for HW Insiders close today, so be sure to nominate your organizational all star before it’s too late! This award program recognizes key players in housing who are absolutely essential to the performance of their organizations, doing the leg work that makes the mortgage industry tick. Winners will be featured not only […]
Summary List Placement The CEO of HEI Hotels and Resorts said the chain was encouraging customers to authorize tips at check-in to ensure staff were recognized for their hard work. Guests who opt-in would pay tips when they left the hotel, Ted Darnall told Insider on Thursday. The chain has more than 80 hotels and […]
Summary List Placement Red-hot inflation persisted through May as nationwide supply bottlenecks and extraordinary demand led producers and businesses to lift prices. The Personal Consumption Expenditures price index — among the country’s most popular measures of inflation — rose 0.4% through May, the Commerce Department said Friday. The median estimate from economists surveyed by Bloomberg […]
Summary List Placement The CEO of Starbucks insisted the chain wasn’t running low on coffee and cups – but said some baked goods were in short supply. “We’ve had some shortages in the bakery case, that certainly is true,” CEO Kevin Johnson told CNBC’s Jim Cramer Thursday. He didn’t specify which baked goods had run […]
Zhang Zhizhen qualified for Wimbledon on Thursday to become the first Chinese man in the Open era to play in the Grand Slam tournament. The 24-year-old defeated Argentina’s Francisco Cerundolo 6-0, 6-3, 6-7 (4), 7-6 (6) in the final round of qualifying to make the main draw. Ranked 178th in the world, Shanghai native Zhang […]
Summary List Placement President Joe Biden has thrown his support behind a $1 trillion bipartisan infrastructure deal focused on roads and bridges — and part of the spending would be potentially offset by unused relief funds and targeting unemployment insurance fraud. Repurposed federal UI will account for $25 billion of the deal’s pay-fors, a person […]
Summary List Placement The solution to the labor shortage is, according to President Joe Biden, as simple as a higher wage. The president allayed a range of concerns around the economy during a Thursday press conference. Among them is the nationwide labor shortage, which has seen hiring slow despite millions of Americans still being unemployed. […]
Summary List Placement Sen. Joe Manchin on Thursday expressed concern about the $6 trillion price tag put forth in an economic package drafted by Sen Bernie Sanders along with other Senate Democrats, which increases odds of major cuts from that blueprint. The West Virginia Democrat called the proposed number “extremely, extremely high” and said he’s […]
Summary List Placement Tending your own edible garden can be a fun and interactive way to connect with the food you eat — you can sow small seeds and watch them gradually form stems and leaves as they grow into full-sized plants. Although vegetable gardening can be simple, there can be a lot to pay […]
Summary List Placement Businesses are battling to attract workers as the economy roars back to life. Their latest weapon: a slew of hiring incentives. The share of job openings touting incentives — ranging from signing bonuses to retention payouts — has doubled since July 2020, according to employment service Indeed. The share began to steadily […]
Summary List Placement President Joe Biden has thrown his support behind a $1 trillion infrastructure deal negotiated by a Senate group of Republican and Democrats, a major step towards his goal of working with the GOP despite their opposition to the majority of his agenda. “We have a deal,” Biden said Thursday after an Oval […]
Summary List Placement Audiobooks bring stories to life with animated narration by emphasizing dialogue, playing up humor, or adding tension to suspenseful scenes. While usually narrated by professional voice actors, celebrities have taken to audiobook narration in the past few years by voicing new releases and retelling old classics. In our list of celeb-voiced audiobooks, […]
Summary List Placement Like many other aspects of the US recovery, the housing market’s boom has been anything but even. The market rally started as a broad upswing. After home sales tumbled at the start of the pandemic, surging demand and low mortgage rates spurred a nationwide buying spree. But as the boom charged forward, […]
ALL EYES ON PURCHASE In 2021, all housing professionals must be focused on the 3 P’s: Process, Profitability and Purchase. PPP may have meant something different in 2020, but this year the 3 P’s are the guiding light to long-term mortgage success and domination. The ratios flipped last year. Strong purchase lenders that historically did […]
This content is exclusively for HW+ members. Start an HousingWire Editor-In-Chief, Sarah Wheeler, sits down with Brian Rieger, co-founder and CEO at Content Beacon, and Kirk G. Willison, vice president at Arch Mortgage Insurance Company, to walk attendees through the process of creating a successful content strategy. Here is a small preview of the session, […]
The average 30-year fixed-rate mortgage rose nine basis points from the week prior to 3.02%, according to data released Thursday by Freddie Mac‘s PMMS. This is the first time in 10 weeks mortgage rates have risen above 3%. “As the economy progresses and inflation remains elevated, we expect that rates will continue to gradually rise in the second […]
Summary List Placement You have to feel a little bit sorry for Federal Reserve Chair Jerome Powell. On Tuesday he testified before the House Select Subcommittee on the Coronavirus Crisis, and it was a waste of his time. Both Democrats and Republicans failed to ask productive questions about how the Federal Reserve is responding to […]
Good morning Chair Scott, Ranking Member Foxx, and distinguished members of the Committee. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Summary List Placement Weekly filings for unemployment benefits fell just barely last week, resuming a steady downward trend after last week’s surprise increase. Jobless claims totaled an unadjusted 411,000 last week, the Labor Department said Thursday. Economists surveyed by Bloomberg held a median estimate of 380,000 claims. The previous week’s count was revised to 418,000 […]
Summary List Placement The price of air-conditioning units has shot up thanks to a shortage of key components — and a lack of installers means some customers are waiting longer for their units, Fox Business reports. Over the past few months, multiple manufacturers have announced rising equipment costs for units of between 3% and 9%. Brad […]
After 13 years of near silence in the conservatorship that controls her life and money, Britney Spears passionately told a judge Wednesday that she wants to end the “abusive” case that has made her feel demoralized and enslaved. Speaking in open court for the first time in the case, Spears condemned her father and others […]
Summary List Placement A bipartisan coalition of senators secured a tentative agreement with White House staff on the highly prioritized infrastructure spending package. On Wednesday, Senators involved in the negotiations, including Sens. Susan Collins, Joe Manchin, and Mitt Romney, announced that they had reached the “framework,” for a bill on the spending. “There’s a framework […]
Summary List Placement Treasury Secretary Janet Yellen urged Congress on Wednesday to extend a July 31 deadline to pay down a portion of the federal government’s $28 trillion in debt to investors and foreign governments. Without the extension, she warned of an “absolutely catastrophic” default that would imperil the nation’s economic recovery from the pandemic. […]
Summary List Placement Twenty-five GOP-led states have so far opted to end President Joe Biden’s $300 weekly unemployment benefits early to incentivize residents to get back to work. But it looks like the cuts aren’t motivating people to step up their job searches. Indeed’s hiring lab released a report on Tuesday that found job-search activity […]
Summary List Placement Amazon, Under Armour, Chipotle, and McDonald’s raised their starting wages through the spring, and overall wage growth accelerated to its fastest rate since the 1980s in May as businesses scrambled to attract workers. But don’t count on it being a revolutionary jump in worker power, at least not according to Oxford Economics, whose […]
With the Olympics in Tokyo now just a month away, Somalia is set to send its first female taekwondo athlete to the games in Japan. No athlete representing Somalia has ever a won a medal at the Olympics, but 20-year-old Munirah Warsame is working hard to be the first when she competes at the […]
Summary List Placement Sen. Joe Manchin of West Virginia is poised to play a critical role in President Joe Biden’s economic agenda. The influential Democratic centrist nearly derailed passage of the $1.9 trillion coronavirus relief package when he pressed for a last-minute cut to federal unemployment benefits. It sent Democrats scrambling to secure his support […]
Summary List Placement Borrowers with student loans haven’t had to pay them back through the pandemic, but that pause on payments is set to lift at the end of September. Although Education Secretary Miguel Cardona has hinted at a futher extension of the pause, no details have yet been released. Sixty-four Democrats want to give borrowers […]
Summary List Placement Even as people are becoming wealthier in Asia, the US is maintaining its hold on the ultra-wealthy and will likely continue to house the greatest proportion of wealthiest individuals though 2025. The Boston Consulting Group — a management consulting firm — released its Global Wealth Report of 2021 earlier this month, which […]
U.S. Secretary of Education Miguel Cardona today issued the following statement in recognition of the 49th anniversary of the Title IX of the Education Amendments of 1972, commonly known as “Title IX.” details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education
Summary List Placement Technology has saved the world. So said tech entrepreneur and venture capitalist Marc Andreessen in a recent blog post, in which he said he believed remote work was “a permanent civilizational shift.” Its impact could be even greater than that of the internet itself, he added. “It is perhaps the most important […]
A Supreme Court decision in Collins v. Yellen has found the structure of the Federal Housing Finance Agency (FHFA) unconstitutional, allowing for the removal of its director. The case questioned whether the Biden administration would have the power to fire the agency’s director, Mark Calabria, a Trump-appointee and vocal critic of the government-sponsored enterprises. The […]
Summary List Placement In a remarkable decision delivered on June 21, the Supreme Court ruled that restrictions on education-related benefits offered to college athletes by universities violated antitrust law — in essence dealing a huge blow to the model that has dominated college sports for over a century. While the ruling only applies to a […]
In the most anticipated hearing in the case in years, Britney Spears is expected to address a judge overseeing the conservatorship that has controlled the pop star’s money and affairs since 2008. If Los Angeles Superior Court Judge Brenda Penny does not make a last-minute decision. Wednesday to seal the proceedings, Spears’ words will be […]
Today, the U.S. Department of Education held the first installment of its Equity Summit Series, “Building Equitable Learning Environments in Our Schools.” The program featured First Lady Jill Biden, Secretary of Education Miguel Cardona, Deputy Secretary Cindy Marten, leaders and educators from across the country, and student performances. During the summit, participants highlighted the Biden […]
Summary List Placement Some car dealers have sold used trucks for more than the original sticker price thanks to rocketing demand and a global shortage of chips needed to make new cars, Fox Business reported. Used vehicle prices have risen by an average of 30% over the past year, according to automotive data site Black […]