[The New York Times] A moratorium on evictions did little to address the bigger problem: The country is running out of affordable places for people to live. The United States averted the most dire predictions about what the pandemic would do to the housing market. An eviction wave never materialized. […]
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(CNN) The US Centers for Disease Control and Prevention now calls the Delta variant of the novel coronavirus, also known as B.1.617.2, a “variant of concern.” The variant of concern designation is given to strains of the virus that scientists believe are more transmissible or can cause more severe disease. Vaccines, treatments […]
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[Acorns] “You can get started investing with as little as $10 or $20 a month and work your way up.” Four years ago, my wife and I had a combined $40,000 debt that we were struggling to pay off. We were living paycheck to paycheck, had no savings, and we weren’t tracking […]
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[CNBC] Fears of inflation in the year ahead hit its highest level on record, according to a report by the Federal Reserve Bank of New York. When inflation rises, savers may consider alternatives for stashing cash. As the economy quickly picks up steam in the wake of the Covid pandemic, Americans […]
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[Go Banking Rates, Shutterstock] The lessons of the 2008 housing crisis are a living memory, and the effects of the recession of that era still are being felt. Although today’s housing market is largely hot, experts are bracing for a wave of evictions triggered by pandemic-related disruptions. That, they fear, could […]
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[Axios] The U.S. is starting a national conversation arounda central bank digital currency (CBDC). Why it matters: Several other countries have already experimented with or released early versions of CBDCs. Such a pivot could aid underbanked populations, and help make banking and monetary policy more efficient. Driving the news: The Senate Banking […]
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[MarketWatch, iStock] Some economists suggest the government may be misunderstanding the size of the problem Fast-rising housing costs have helped to push inflation to a 13-year high. But the way that government statisticians track the price of consumer goods may be missing just how explosive home-price growth has been in […]
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[CNBC, Getty Images] Investors may trade cryptocurrency outside of the work week, allowing for after-hours price swings. Fluctuations happen on weekends due to less volume, margin trading and other factors, experts say. Weekend drops may have significant effects as regulators weigh long-term plans for digital currency. Cryptocurrency is known for […]
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[CNBC, Intel] Within a decade, quantum computing is expected to be able to hack into cell phones, bank accounts, email addresses and bitcoin wallets. “The National Institute of Science and Technology (NIST) has been working on a new standard for encryption for the future that’s quantum proof,” said Fred Thiel, […]
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[The Washington Post, iStock] The fast-paced housing market of the past year may be slowing slightly in the face of price spikes and a dearth of homes for sale across the country. It’s too soon to say that the market is truly slowing, but data analysis from both Realtor.com and Redfin real estate brokerage […]
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