Posted in ! #Headlines #Economy #Money #Newsfeed #Politics inflation

Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand

The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to…

Continue Reading... Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand
Posted in ! #Headlines #Banking #Economy #Government #Money #Newsfeed #Political #Politico #Politics #Trending

Jay Powell takes on the world

Federal Reserve Chair Jerome Powell is waging a relentless battle against inflation that threatens to leave a path of destruction on the global economy in…

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Posted in ! #Headlines #Biden #Education #Money #Newsfeed #Parents #Politics college

Biden’s student loan cancellation plan to cost $400B, Congressional Budget Office estimates

President Biden’s plan to forgive $10,000 in federal student debt for most borrowers will cost the government about $400 billion over 10 years, the CBO…

Continue Reading... Biden’s student loan cancellation plan to cost $400B, Congressional Budget Office estimates
Posted in ! #Headlines #Banking #Economy #Government #Money #Newsfeed #Political #Politico #Trending inflation

Fears of Fed-induced pain grow, from global recession to deflation

The Federal Reserve is poised to deploy another supersized interest rate hike to fight the sharpest price surge in 40 years, a move that has…

Continue Reading... Fears of Fed-induced pain grow, from global recession to deflation
Posted in ! #Headlines #Banking #BusinessNews #Economy #Money #Newsfeed

Mortgage demand rises for the first time in six weeks despite sharply higher interest rates

Mortgage application volume increased last week for the first time in six weeks, according to the Mortgage Bankers Association, despite a rise in interest Source:…

Continue Reading... Mortgage demand rises for the first time in six weeks despite sharply higher interest rates
Posted in ! #Headlines #Banking #Economy #Money #Newsfeed #Political #Politico #Trending inflation

The Fed Is Getting Even Tougher on Inflation. Here’s What To Watch First.

In August, central bankers and economic pundits from around the world descended on Jackson, Wyo., to hear the keynote speech at the Federal Reserve’s annual…

Continue Reading... The Fed Is Getting Even Tougher on Inflation. Here’s What To Watch First.
Posted in ! #Headlines #Healthcare #Medicine #Money #Newsfeed #People

1 in 5 households has medical debt. That includes people with private insurance.

Medical debt is leaving many people in the U.S. unable to afford groceries or pay their mortgages, even among the insured, research published Friday has…

Continue Reading... 1 in 5 households has medical debt. That includes people with private insurance.
Posted in ! #Headlines #Banking #BusinessNews #Energy #Money #Newsfeed #Trending

Private equity still investing billions in dirty energy despite pledge to clean up

Carlyle, Warburg Pincus and KKR are the worst offenders according to a new scorecard of private equity climate risks Private equity firms pumping billions of…

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Posted in ! #Headlines #Economy #Government #Money #Newsfeed #Politics #Random capitalism

Corporations, capitalism and conceptions of the self

What is capitalism? What is a corporation? What is the relationship between one’s desires for consumption, capitalist notions of the individual self, and the power…

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Posted in ! #Headlines #Corruption #Money #Newsfeed #Politics #Random mississippi Sports

Mississippi gave $1m of welfare money to Brett Favre for “speeches” he never made—and has just fired an investigator looking into it

An easy payday for retired NFL star Brett Favre: $1m from the state of Mississippi for speeches he’d never have to deliver. The money came…

Continue Reading... Mississippi gave $1m of welfare money to Brett Favre for “speeches” he never made—and has just fired an investigator looking into it
Posted in ! #Headlines #Government #Money #Newsfeed #Space #TechNews NASA

NASA will pay Boeing more than twice as much as SpaceX for crew seats

Enlarge / The Boeing CST-100 Starliner spacecraft is seen after it landed in White Sands, New Mexico, Sunday, Dec. 22, 2019. (credit: NASA/Bill Ingalls) NASA…

Continue Reading... NASA will pay Boeing more than twice as much as SpaceX for crew seats
Posted in ! #Headlines #CapitolRiot #Investigation #Jan6Commission #Money #Newsfeed #Politics #TrumpInsurrection

Jan. 6 committee will dig in on the money behind the riot, Kinzinger says

The House committee investigating Jan. 6 will dig in on the financing behind the riot and present its findings in future public hearings or its…

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Posted in ! #Headlines #Economy #Money #Newsfeed #Trending #UK inflation

UK inflation hits 10.1%, driven by soaring food and fuel prices

ONS July figure shows further increase from 9.4% in June – rising to highest level since 1982 Analysis: A 13% peak for UK inflation looks…

Continue Reading... UK inflation hits 10.1%, driven by soaring food and fuel prices
Posted in ! #Headlines #Government #Money #Newsfeed #Political #Politico #Politics #Taxes #Trending IRS

The $80 billion question: What will the IRS do with all its new money?

The IRS is about to get a big chunk of change, and you’re going to be hearing a lot about it between now and the…

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Posted in ! #Headlines #Government #Money #Newsfeed mississippi pandemic

Mississippi will send back fed’s rental aid, even as housing needs remain high

In mere days, Mississippi will end its participation in the federal pandemic rental assistance program that has kept people facing eviction in their homes Source:…

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Posted in ! #Headlines #Banking #BusinessNews #Economy #Money #Newsfeed #Political #WorldNews argentina inflation

Argentina hikes rate to 69.5% as inflation surges to 30-year high

Consumer prices soared 71 percent in July compared to a year ago, the government said on Thursday. Source: https://www.aljazeera.com/economy/2022/8/11/argentina-hikes-rate-to-69-5-as-inflation-surges-to-30-year-high Droolin’ Dog sniffed out this story…

Continue Reading... Argentina hikes rate to 69.5% as inflation surges to 30-year high
Posted in ! #Headlines #BusinessNews #Economy #Money #Newsfeed

Consumer prices rose by 8.5% year over year in July as the summer of inflation wears on

Inflation reached 8.5% in July, compared with a 40-year high of 9.1% in June, providing a measure of relief to consumers as gas prices fall. Source:…

Continue Reading... Consumer prices rose by 8.5% year over year in July as the summer of inflation wears on
Posted in ! #Headlines #BusinessNews #Gizmodo #Money #Newsfeed #People #TechNews #Twitter Billionaires

Twitter Obliterates Elon Musk’s Excuses for Trying to Kill $44 Billion Deal in Blistering Court Filing

Back in April, Elon Musk made a $44 billion offer to buy Twitter before he decided in July that he wanted to cancel the deal….

Continue Reading... Twitter Obliterates Elon Musk’s Excuses for Trying to Kill $44 Billion Deal in Blistering Court Filing
Posted in ! #Headlines #BusinessNews #Engadget #Money #Newsfeed #TechNews #Twitter

Twitter investor sues Elon Musk in a bid to force through $44 billion takeover

It’s not only Twitter that’s trying to force Elon Musk to buy the company for $44 billion. An investor filed a proposed class action lawsuit…

Continue Reading... Twitter investor sues Elon Musk in a bid to force through $44 billion takeover
Posted in ! #Headlines #BusinessNews #Economy #Money #Newsfeed

Home prices cooled at a record pace in June, according to housing data firm

Rising mortgage rates and inflation in the wider economy caused housing demand to drop sharply in June, forcing home prices to cool down. Source: https://www.nbcnews.com/business/real-estate/home-prices-cooled-record-june-according-housing-data-firm-rcna40903…

Continue Reading... Home prices cooled at a record pace in June, according to housing data firm
Posted in #Copyright #EntertainmentNews #IndieBrew #Money #Music #MusicNews

“22 million songs a year, and only 12 notes available” – pursuing a copyright claim in the music industry today (Guest column)

This is a guest post on music copyright law by Oliver Lock, and Owen O’Rorke, who, respectively, work in Reputation Management and Intellectual Property & Commercial, at…

Continue Reading... “22 million songs a year, and only 12 notes available” – pursuing a copyright claim in the music industry today (Guest column)
Posted in ! #Headlines #Gizmodo #Lottery #Money #Newsfeed #People #TechNews

Here’s What’s More Likely to Happen to You Than Winning the Mega Millions

A winning Mega Millions lottery ticket is one of the most coveted items in modern capitalism, and with the current estimated jackpot at $1.1 billion,…

Continue Reading... Here’s What’s More Likely to Happen to You Than Winning the Mega Millions