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News

2018

June

14
  • The Fed just made life even worse for home buyers. Buyers are facing a competitive market in which they need to move quickly, bid high and make other concessions if they want to land the deal, real estate agents say. And for every month that…
  • Bill would protect licenses of those who default on student loans. Senators Marco Rubio and Elizabeth Warren plann to introduce a bill that would prevent states from suspending residents’ driver’s and professional licenses over unpaid federal student loans. Critics have called the practice a self-defeating approach…
13
  • Bitcoin's price was artificially inflated last year. A concentrated campaign of price manipulation may have accounted for at least half of the increase in the price of Bitcoin and other big cryptocurrencies last year, according to a paper released on Wednesday by…
  • What's in a name? Consumer Bureau to find out. Next week, President Trump is expected to nominate a replacement for Mr. Mulvaney, the director of the Office of Management and Budget who has been acting head of the consumer bureau since late last year.…
  • Affordable housing is your spare bedroom. Cities from New York to San Francisco are having a tough time trying to create enough affordable housing for the hundreds of thousands of people who need it. To expand affordable housing in these places…
12
  • Air ambulances leave patients with $45,000 bills. The air-ambulance industry says reimbursements from U.S. government health programs, including Medicare and Medicaid, don’t cover their expenses. The companies say they thus must ask others to pay more — and when health plans balk,…
11
  • Seven steps to buying a home. Along with paying down debt, building an emergency fund, and planning for retirement, buying a home is one of the most popular financial planning goals. With interest rates on the rise, you may be wondering…
  • Five ways Mulvaney is cracking down on his own agency. The acting director of the Consumer Financial Protection Bureau (CFPB) often says that the only reason he hasn't burned the agency down is because it's illegal. Mick Mulvaney, the staunchly conservative White House budget director,…
09
  • Why did the Consumer Financial Protection Bureau fire us?. The Consumer Financial Protection Bureau is being gutted from the inside out. Created in 2010 after the Great Recession, during which the typical American household lost one-third of its wealth, the bureau was established to…
 

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