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The 3 things holding up the US economy and their downside risks
Yahoo Finance· 2025-12-18 18:22
Greg, it's great to see you as always. >> Always a pleasure, >> man. I I could use all of the words this morning that I've been hearing.Confusing, murky, foggy. Take it with a grain of salt. That's those are some of the things I've heard to describe this morning's CPI report.What can we say about the report. What did it tell us. >> I call it a Swiss cheese report.It's full of holes. Uh we're missing a lot of data across the board. Um the main message in my opinion is the following.one, we have still a gradu ...
Heating Prices Surge as Utility Bills Grow Faster Than Paychecks
Yahoo Finance· 2025-12-18 05:01
It’s time to get the fleece-lined leggings out: Heating costs will probably spike more than 9% this winter, the National Energy Assistance Directors Association found in its latest report. That gain outpaces inflation, which hit 3% in September and is expected to remain roughly the same for November when it’s reported Thursday (after a government-shutdown-induced lag). NEADA said households will spend just short of $1,000 on heating this winter. The affordability crisis, which has become a go-to debate t ...
MS NOW EXCLUSIVE: Mamdani reveals 'the core' of his convo with Trump
MSNBC· 2025-12-11 23:13
So your message to the president if he's considering sending in the National Guard troops to New York City or sending in those masked armed federal agents on a wide scale like we saw in LA or in Chicago and Charlotte is what. >> That we do not need them here. And what we have here is the NYPD that can provide that public safety and that what we are looking to do is to build a city that is focused on the affordability crisis and understands that the cornerstone of that affordability agenda is the provision o ...
Apollo's Torsten Sløk on the 'very, very important issue' facing the US economy
Youtube· 2025-12-11 22:07
I would start this getting your reaction on why the markets are ripping higher, the Fed cut rates, but I'm listening to the Fed chair Torson. I I came away thinking this is the first meeting where the Fed chair is worried about the impact to the labor market because of the AI expansion in the US and around the world. Is AI about to I guess just put a bowling ball through the labor market next year.Well, he was asked that question by a number of the reporters and this continues to be a very very important is ...
X @Forbes
Forbes· 2025-12-11 21:10
Trump Keeps Insisting There's No Affordability Crisis Despite Data Showing Otherwisehttps://t.co/uU5pkNmoor https://t.co/hlZUM0WGta ...
Esusu, which helps renters build credit, valued at $1.2 billion in new funding
CNBC Television· 2025-12-11 13:32
Company Overview & Funding - Isuzu, a rent reporting as a service company, received an additional $50 million in Series C financing, bringing the total capital raised to over $200 million [2] - The funding aims to scale up the company and expand its services [1][6] Market Opportunity - The rental market in America includes 110 million renters who send roughly $14 trillion to landlords annually [3] - Less than 10% of rental payment data is currently reflected on renters' credit scores [3] - Isuzu's platform helps renters build or improve their credit scores by reporting rent payments [3][5] Impact on Homeownership - Rent reporting is crucial for home buying as it helps renters establish good credit [4] - Renters using the Isuzu platform have unlocked over $30 billion in mortgages [5] Expansion & New Services - Isuzu is expanding its services beyond large real estate owners and operators with "rent reporting as a service" or embedded rent reporting [6] - A partnership with Zillow allows users to sign up for credit building through Credit Climb [7] - Isuzu Pay enables renters to split their rent into multiple installments [7][8] - Isuzu acquired Salary Labs to enhance identity verification for renters [8] Ecosystem & Volume - Isuzu's ecosystem includes over 5 million people and $100 billion in rent volume [8]
From mortgages to car loans: How affordability rises and falls with the Fed
Fox Business· 2025-12-09 21:25
When it comes to what Americans can afford, no institution looms larger than the Federal Reserve. The nation’s central bank, commonly known as the Fed, doesn’t set the price of groceries or cars, but it does influence how expensive it is to borrow money. Right now, borrowing is costly. High interest rates mean larger monthly payments on mortgages, car loans and credit cards, even if the price of a home or vehicle hasn’t changed. WEAKENING INCOMES ADD NEW STRAIN TO HOUSEHOLDS ALREADY HIT BY HIGH PRICES That’ ...
Trump's 'Original Sin' On The Economy Was This, Says Economist Justin Wolfers: 'It Was An Irresponsible Claim At The Time'
Yahoo Finance· 2025-12-09 19:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Economist Justin Wolfers criticized President Donald Trump’s rhetoric on the rising prices, noting that his promises on the campaign trail were never realistic to begin with. Trump’s ‘Original Sin’ On Sunday, Wolfers said that Trump’s “original sin” was telling voters that prices would fall, even though “in a healthy economy, they almost never do,” during his appearance on MS Now’s “Velshi.” Wolfers said ...
X @Forbes
Forbes· 2025-12-09 00:15
20 Signs There's An Affordability Crisis In Americahttps://t.co/3gOCLCbhHN https://t.co/mejVeD50zh ...
'Very out of touch': Trump focusing on ballroom while dismissing economic concerns
MSNBC· 2025-12-08 17:18
And now I want to bring in MS Now political analysts, Democratic strategists, author, and host of the archival podcast Manita Toiver, and Brendan Buck, former press secretary to House Speakers John Boehner and Paul Ryan. Brendan, first, your reaction to all the mixed messaging from the administration. On the one hand, they say, you know, the affordability crisis is a con job.They're calling it a hoax. And then on the other hand, they're blaming Joe Biden. >> Yeah.Well, uh, it's clearly not a hoax, and I thi ...