Affordability
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X @Bloomberg
Bloomberg· 2025-09-30 13:05
The Cost Coalition, a bipartisan group of Donald Trump adversaries, is throwing its support behind Virginia Democratic gubernatorial candidate Abigail Spanberger, who has largely centered her campaign on addressing worries over affordability https://t.co/s5NM3keEx6 ...
X @Bloomberg
Bloomberg· 2025-09-30 12:58
The Cost Coalition, a bipartisan group of Donald Trump adversaries, is throwing its support behind Virginia Democratic gubernatorial candidate Abigail Spanberger, who has largely centered her campaign on addressing worries over affordability https://t.co/qbU7w09Awt ...
NYC has proven to be resilient enough to survive bad mayors and public policies, says Kathy Wylde
CNBC Television· 2025-09-29 12:53
Okay, now an update on the race for New York City mayor. Yesterday, of course, Eric Adams announcing he's dropping his bid for re-election. Joining us right now is Kathy Wild.She's the president and CEO of the Partnership for New York City. Um, I think under your breath, you'd say you've been wanting this to happen for quite some time. Maybe not under your breath.>> Not at all. No, I just think we've been tortured or for the last couple of years as the mayor has gone through what is really a tragedy for New ...
Is this the Trump economy Americans voted for?
MSNBC· 2025-09-27 17:36
Economic Indicators & Trends - The national unemployment rate is at 43%, while the unemployment rate for young Americans ages 16 to 24 is 105% [1][9] - US import tariff rate is at 195% according to the Organization for Economic Cooperation and Development [1] - The economy grew at almost 4% in the second quarter, according to the Commerce Department [1] - Small business confidence is increasing, potentially due to the resolution of tax policies [1][4] Inflation & Cost of Living - Ground coffee prices have increased by 33%, from $631 to $887 per pound [1] - Auto insurance costs are up 60%, shelter costs are up 50%, and electricity costs are up 38% over the past 5 years [10] Consumer Behavior & Savings - 46% of US adults have enough emergency savings to cover three months of expenses, while 24% have no emergency savings at all [20] - There's increased use of "buy now pay later" programs, which can be risky due to high interest rates after missed payments [14][15] Stock Market & Investment - The stock market is booming, hitting 28 highs this year, boosted by AI promises [1] - There's a lot of AI investment and energy in tech, with a few big tech stocks driving the S&P 500's performance [24] - A record amount of money is in money market funds, offering around 4% interest, indicating people are seeking safer investments [30][31] Trade & Tariffs - Tariffs have sharply raised prices for things like coffee, bananas, TVs, and toys [1] - The president's tariffs against China have caused China to not buy any US soybeans [38] Political & Economic Perceptions - People who blamed Biden for the high cost of living don't blame Trump for the same high cost of living [41] - There's a pervasive feeling that the current economic system is not working for many Americans [51]
X @Investopedia
Investopedia· 2025-09-26 14:00
Retiring in one of these large towns offers hospitals, airports, and cultural venues at more affordable prices than many major metro cities. https://t.co/Km2XI9FMtH ...
X @Bloomberg
Bloomberg· 2025-09-25 13:52
Sales of previously owned homes in the US slipped slightly in August, a sign that affordability constraints continue to grip the housing market https://t.co/mMgr7hzKa5 ...
Government Shutdown Latest: Dems aim to force GOP to address 'health care crisis'
MSNBC· 2025-09-24 19:07
Joining us now is David Ducker, senior writer at The Dispatch and an MSNBC contributor. Basil Michael is former executive director of the New York State Democratic Party and an MSNBC analyst. So, eight words, David.Cancel the cuts, lower the cost, save healthare. Is that the slogan that's going to give Democrats an advantage over Trump and the Republicans because this fight is looking to get messy. Yeah, that's doubtful.Uh, Americans don't like government shutdowns. They think they're an illegitimate form o ...
US New-Home Sales Unexpectedly Surge
Bloomberg Television· 2025-09-24 14:27
Some breaking economic data coming in much better than expected. New home sales rise 800,000 an annual rate the estimate had been for 650,000. That also means that the sales percentage change month over month is 20.5%.The expectation had actually been a decline of.3%. So it is a stronger number but not a roaring market. It does underscore the fact that mortgages Matt have come in.The mortgage rate looks to be around the lowest since the start of the year, but we've had a Fed that's cut 125 basis points over ...
‘It’s always been the economy’: DNC Chair shares focus of Democratic party
MSNBC· 2025-09-22 18:15
Three states are gearing up to give Democrats three very big clues about the state of politics and what voters are thinking. There are off-year races unfolding right now in New Jersey, Virginia, and California. Money is pouring in, ads are going up, and for a sense of the stakes, look no further than the explosive debate between the two people vying to become the next governor of New Jersey.A race one local reporter describes as getting more bitter by the day. My opponent on Friday went down to Washington, ...