Latest in Rapidly rising rents squeeze millions in the middle class
Sort by
1,430 items
-
Rapidly rising rents squeeze millions in the middle class
Four in 10 middle-class renters pay 30% or more of their incomes toward housing each month, NBC News analysis of U.S. Census Bureau data shows.Top stories - NBC News - October 31 -
Budget fallout will hit UK plc’s squeezed middle hardest
Smallest private sector employers will be protected from NI increase while big business can pass cost on to consumerWorld - Financial Times - November 11 -
Treasury confirms plans for inflation-busting rise in UK social housing rents
Rachel Reeves also announces £500mn cash boost to promote building of affordable homesBusiness - Financial Times - October 25 -
Mortgage rates rise for the fourth week in a row. But in these states, it’s still cheaper to buy than to rent.
The 30-year mortgage rate is averaging at 6.54%, Freddie Mac said in its latest weekly survey on Thursday.Business - MarketWatch - October 24 -
Inflation is down — but the middle class is still feeling financial pressure. Here's why
Economists say there's a strong role for policy in affecting the prices of essential goods for American families.Business - CNBC - October 29 -
They're middle class and insured, yet childbirth left them with crippling debt
Some middle-class families with private insurance face a risk of medical debt after childbirth. The group has been left behind by recent health care reforms.Top stories - NBC News - October 30 -
Warning millions will struggle to pay water bill rises
A proposed average rise of 21% over five years will cause 'intolerable strain', a consumer group warns.Top stories - BBC News - November 6 -
Mark Zuckerberg Once Outlined His 4 Rules for Life to a Class of Middle Schoolers. It’s Great Advice for Adults Too
Looking for simple but powerful life advice? A 20-year Meta veteran just shared Mark Zuckerberg’s lessons for eighth graders.Business - Inc. - November 11 -
Cars were once a financial engine of America’s middle class. Now they’re a ‘wealth killer.’
Rising vehicle expenses have turned cars into a financial trap for many Americans.Business - MarketWatch - November 13 -
-
Ranking top 50 prospects in 2025 NFL Draft: QBs rise in defensive-heavy class; Travis Hunter comes in at No. 2
Mike Renner evaluates his top 50 prospects in college footballSports - CBS Sports - October 29 -
How western sanctions are squeezing Russia
Behind the headline numbers, the resource constraints are evidentWorld - Financial Times - November 7 -
Middle East crisis live: world leaders express ‘grave concern’ at Israeli vote to ban Unrwa; deadly airstrikes reported in Lebanon
Israel passes bill dealing huge blow to humanitarian efforts in Gaza and the West Bank; at least 60 people killed in latest reported strikes . . The Israeli army told residents in parts of ...World - The Guardian - October 29 -
FEMA disaster relief fund 'rapidly nearing exhaustion'
The Federal Emergency Management Agency’s (FEMA) disaster relief fund has dwindled to less than $5 billion, lawmakers said this week, as both sides press for the swift passage of emergency aid. ...Politics - The Hill - 22 hours ago -
How squeezing the rich through tax may backfire
If Britain is to have a more European welfare state, it needs a more European tax systemBusiness - Financial Times - October 24 -
'Tax squeeze backlash' and Clarkson's health scare
Many papers lead with unease over Labour's maiden Budget, while others report on Jeremy Clarkson's health scareTop stories - BBC News - October 25 -
UK renters hit by housing supply squeeze
Number of new properties coming to market is weakest since 2021, driving rent rises, Rics survey findsWorld - Financial Times - November 14 -
Renting a car abroad? These are the countries that intimidate drivers the most
A survey of 2,000 drivers from 10 countries shows that motorists are the most nervous to drive in India, Venezuela and Zimbabwe.Business - CNBC - October 29 -
Military officials reportedly discuss how to handle illegal orders from Trump – live
Pentagon officials discuss what to do if Trump were to attempt to deploy the military domestically, CNN reports. Nancy Pelosi says Biden’s delay in exiting race blew Democrats’ chances ...World - The Guardian - November 9 -
IBM says AI business is rapidly growing, but that’s not enough to help the stock
IBM’s stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure revenue declined.Business - MarketWatch - October 24 -
Hurricane Rafael leaves Cuba reeling, moves into Gulf of Mexico
Cuba was reeling from a fierce major hurricane that ripped across the island and knocked out its power grid, after ravaging parts of the Cayman Islands and Jamaica.World - CBS News - November 6 -
Rafael makes landfall in Cuba as a Category 3 hurricane
Rafael made landfall as a Category 3 hurricane Wednesday afternoon in western Cuba before weakening, the National Hurricane Center said.Top stories - NBC News - November 7 -
Rapidly Moving Brush Fire in California Burns Homes and Prompts Evacuations
Firefighters were working to contain fires in Ventura and Los Angeles Counties amid dangerous weather conditions.Top stories - The New York Times - November 7 -
Firefighters Gain More Control of Southern California Blaze That Spread Rapidly
After the Mountain fire ballooned to more than 20,000 acres in less than 24 hours, improving weather conditions helped crews contain more of the blaze on Saturday.Top stories - The New York Times - November 10 -
-
Tariff test for EU as Trump prepares to squeeze trade partners
Senior US official urges Brussels to postpone resumption of ‘retaliatory’ levies scheduled for MarchBusiness - Financial Times - November 12 -
Morning Report — Trump squeezes Senate GOP with Cabinet picks
In today’s issue: President-elect Trump wants Washington to take him seriously — and literally. After promising voters he would rewire U.S. governance, he’s putting his political heft to the test ...Politics - The Hill - 6 days ago -
Greece faces general strike as workers protest cost of living squeeze
Unions demand ‘dignified wages’ as unequal recovery from debt crisis has left many struggling with higher costs. A nationwide strike by public- and private-sector employees looks likely to paralyse ...World - The Guardian - Yesterday -
Senators take aim at big private equity landlords as rents soar
With home and apartment rental costs soaring, four Democratic senators are calling for more scrutiny on Wall Street financiers snatching up rental homes.Top stories - NBC News - October 24 -
Gen Z turning down jobs because of expensive commutes, rent: Report
A new survey found that modern price tags are making it hard for some to accept job offers.Politics - The Hill - November 4 -
For Rent: 4-Bedroom London House. The Owner? Prime Minister Keir Starmer
Keir Starmer has rented out his home in north London since moving to Downing Street, according to newly published official records.World - The New York Times - November 7 -
This $4 Billion Mall Deal Could Hit Retailers With Higher Rents
The giant private equity firm Blackstone bought a shopping center landlord, and rents at strip- and mini-malls will likely climb, hitting grocers, pharmacies, and retailers in urban areas.Business - Inc. - November 8 -
Do I have to pay a year’s rent up front?
I’m looking for a property for my family while I’m working in LondonWorld - Financial Times - November 13 -
Scottish rent controls spark tensions as developers demand ‘assurances’
Caps for increases would be tied to inflation under SNP’s new housing billWorld - Financial Times - 13 hours ago -
The myth of the ‘working class' voter
The 2024 presidential race is focusing on the working-class voters, but the government's Current Population Survey data shows that the definition of this group is complex and often contradictory, ...Politics - The Hill - November 4
