politics

Former US trade negotiator expects a ‘modest’ rollback of China tariffs

President Joe Biden could decide “pretty soon” on a modest relief package to roll back some US tariffs imposed on China in an effort to tamp down inflation, said Clete Willems, who previously served as deputy director at the National Economic Council. “What we are expecting that the president is deciding on is a relatively …

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I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors. National Association of Realtors The housing affordability crunch is here — with mortgage rates continuing to rise …

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I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now

As part of our series where we ask prominent economists and real estate pros their take on the housing market now, we talked to Nadia Evangelou, senior economist and director of forecasting at the National Association of Realtors. National Association of Realtors The housing affordability crunch is here — with mortgage rates continuing to rise …

I’m the director of forecasting for the National Association of Realtors. Here are 6 things you should know about the housing market now Read More »

EU airlines face strikes, struggle to find workers post-covid summer travel

Some airlines and airports are struggling with the post-covid demand for travel. Anadolu Agency | Anadolu Agency | Getty Images LONDON—Delays, cancellations and strikes. It’s been a messy time for many European tourist hotspots as airlines and airports struggle to cope with staffing problems and pent-up travel demand after Covid-19 lockdowns. Thousands of flights have …

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Bobby Bonilla Day: Here are other retired players who get huge annual payments

“Bobby Bonilla Day” was trending on Twitter on Friday as it does every year on July 1. That’s because it marks the annual date when the former New York Mets player receives $1.2 million from the team, despite being retired for over a decade. Bonilla’s agent, Dennis Gilbert, orchestrated a contract payout for the third …

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Trump media company gets subpoena in federal criminal probe of SPAC deal

Former US President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual “Road To Majority Policy Conference” at the Gaylord Opryland Resort & Convention Center June 17, 2022 in Nashville, Tennessee. SethHerald | Getty Images Donald Trump’s media company was subpoenaed by a federal grand jury in connection with …

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Here’s how much your Social Security check is likely to go up next year

Good news—sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as a result of surging consumer prices. The average beneficiary may be in line to get as much as $180 more a month starting next January, based on …

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Trump SPAC deal threatened by criminal probe

Former US President Donald Trump applauses during the National Rifle Association (NRA) annual convention in Houston, Texas, US May 27, 2022. Shannon Stapleton | Reuters A federal criminal investigation is threatening the proposed merger between former President Donald Trump’s social media enterprise and a special purpose acquisition company, a deal that would give the combined …

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Here’s how much the average working boomer has saved for retirement

Three news items that say a lot about the retirement crisis facing Americans and what we can do about it—if we want to. The first is a survey of 1,000 working Americans conducted recently showing much, or little, they have saved for retirement. And the picture isn’t so much bleak as devastating. Less than half …

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