Fed’s decision to cut interest rates could lower housing costs
The announcement from the Federal Reserve will lower mortgage rates and encourage more building of apartments, which could lower rental costs.
The announcement from the Federal Reserve will lower mortgage rates and encourage more building of apartments, which could lower rental costs.
Ex-President Donald Trump and Vice President Kamala Harris met for their first presidential debate—and Trump unleashed a barrage of lies and misleading claims.
The vice president has said that she will call on Congress to pass a federal ban on price gouging and give the Federal Trade Commission more authority to prevent consolidation in the food industry.
Harris has proposed expanding a tax deduction for costs that are incurred while starting a business, creating a new fund that would allow the country’s smallest banks to cover the interest accrued on loans to new businesses, and more.
After years of a worsening housing crisis in Virginia, Kamala Harris’ proposals seek to create three million homes by 2028, provide down payment assistance to first-time home buyers, and crack down on price fixing among corporate landlords.
FTC spokesperson Victoria Graham said that the decision “does not prevent the FTC from addressing noncompetes through case-by-case enforcement actions” and said that the agency is “seriously considering” appealing the Texas court’s decision.
A repeal of the IRA and the elimination of federal support for the clean energy transition would jeopardize Virginia’s ability to meet its own climate goals. Virginians would lose out on thousands of jobs and the myriad environmental and public health benefits that the law is expected to generate by 2030.
The White House wants to end corporate practices that it says wastes consumers’ time and money, such as forcing customers to wait on hold for refunds, placing unnecessary barriers on canceling subscriptions, and making it difficult to access or submit health insurance claims.
Republican vice presidential candidate JD Vance proposed more than doubling the federal child tax credit to $5,000 over the weekend, but recently missed the chance to vote for an expanded credit—an effort his fellow Senate Republicans blocked.
Are you ready to save on school supplies, emergency preparedness products, and more? Virginia’s annual sales tax holiday returns Aug. 2-4.