Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Owning a home with three or more bedrooms is a lot more difficult for young families these days than it used to be. Baby boomers with no kids at home now own twice the share of large homes than millennials with children, which is a significant shift from just 10 years prior, according to data…

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Baby-boomer empty nesters now own twice as many large homes as millennials with kids are edged out

Owning a home with three or more bedrooms is a lot more difficult for young families these days than it used to be. Baby boomers with no kids at home now own twice the share of large homes than millennials with children, which is a significant shift from just 10 years prior, according to data…

Is This Really ‘the Worst Time to Buy a Home’?

Is This Really ‘the Worst Time to Buy a Home’?

For four years now, the housing market has defied all logic. A global pandemic didn’t collapse prices, but sent them soaring to new heights. Last year, mortgage rates hit a 23-year high and sales plummeted. Even so, home prices stubbornly kept rising, creating the most unaffordable housing market in generations. This year offers a new…

Biden Cancels Another $5 Billion in Student Loan Debt

Biden Cancels Another $5 Billion in Student Loan Debt

President Biden on Friday canceled nearly $5 billion in student loan debt for 74,000 people, the latest effort by the administration to deliver piecemeal relief after the Supreme Court struck down Mr. Biden’s more ambitious loan cancellation plan last year. Most of the people who will benefit from the latest round are teachers, nurses, firefighters…

Biden to Make EV Charging Tax Credits Available in Much of U.S.

Biden to Make EV Charging Tax Credits Available in Much of U.S.

The Biden administration on Friday issued guidance that makes much of the country eligible for tax credits intended to offset the cost of installing electric vehicle chargers. Consumers and businesses can claim the credit for charging equipment installed for public or private use at homes or on business properties. The initiative aims to make it…

Inside CNN’s Debate Over Airing Trump’s Iowa Caucus Victory Speech

Inside CNN’s Debate Over Airing Trump’s Iowa Caucus Victory Speech

Tensions within CNN over coverage of former President Donald J. Trump burst into the open on Thursday during an internal call with the network’s journalists, as an executive candidly questioned the approach of the channel’s new chief executive, Mark Thompson. CNN aired roughly 10 minutes of Mr. Trump’s victory speech after he won the Iowa…

The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?

The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?

With inflation falling, unemployment low and the Federal Reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic that the U.S. economy could avoid a recession. Wells Fargo last week became the latest big bank to predict that the economy will achieve a soft landing, gently slowing rather than screeching to…

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