Economy

According to The Street, Homeownership in the United States has become increasingly difficult for millions of Americans. Mortgage rates remain elevated in the 6.3 to 6.5 percentage range, and home prices are high in most major markets. 

On top of this, a significant segment of potential buyers have struggled to qualify for mortgages under decades-old scoring models. This group largely includes those with strong rent payment histories, but thin traditional credit files.

A WalletHub study ranked all US states by their tax burden on residents. The study used data from the Tax Policy Center, a nonpartisan DC-based think tank, on property taxes, individual income taxes, and sales and excise taxes as shares of personal income to calculate the tax burden of every US state.

Zillow just downgraded its home price forecast across over 400 housing markets—see the map

Zillow slightly downgrades its national home price outlook—predicting that over the next 12 months, U.S. home prices are likely to shift +0.0%.

The Republicans are making a strategic gamble: unity vs. adaptability. It’s Not Just Iran. Trump Is Flailing on Multiple Fronts.
The president is on a losing streak, and even some of his aides are dismayed by his choices.

Why is everything getting so expensive? What the hell is going on? Why are there nearly 24 million American millionaires, more than anywhere else on earth? Debt appears to be the singular thread as this nation produces more food, but farmers are going broke with increasing US tariffs. Americans are anxious, overworked, and buried in debt.

Soybean farmers face steep losses: "I'm in the worst shape right now." CBS News has learned the Trump administration could announce a multi-billion-dollar financial relief package this week for farmers being hurt by the president's trade war with China. Lana Zak talked to soybean farmers fearing they may be forced out of business. https://www.cbsnews.com/video/soybean-farmers-face-steep-losses-im-in-t…

The idea that "the American Dream is dead" is a widespread and growing sentiment, reflected in polls showing a majority of Americans believing the dream is no longer attainable, particularly for younger generations