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Tag: HOUSING

New Survey Names Brooklyn As Most Unaffordable Place To Live In U.S. NEW YORK, NY - JUNE 24: A sign advertises an apartment for rent along a row of brownstone townhouses in the Fort Greene neighborhood on June 24, 2016 in the Brooklyn borough of New York City. According to a survey released on Thursday by real-estate firm RealtyTrac, Brooklyn ranked as the most unaffordable place to live in the United States. (Photo by Drew Angerer/Getty Images)

70 Current And Former NYCHA Employees Arrested, Charged With Bribery And Extortion

As many as 70 current and former New York City Housing Authority (NYCHA) employees have been arrested and charged in a federal investigation.

Read More 70 Current And Former NYCHA Employees Arrested, Charged With Bribery And Extortion
A picture shows the Amazon logo at the entrance of the Amazon logistics centre in Amiens, northern France, on July 23, 2019. (Photo by DENIS CHARLET / AFP) (Photo credit should read DENIS CHARLET/AFP via Getty Images)

Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown

Amazon.com asked a federal court to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail empire.

Read More Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown
CHICAGO, ILLINOIS - MAY 09: A migrant couple from Venezuela and their 15-month-old son rest in the lobby of a police station where they have been staying with other migrant families since their arrival to the city on May 09, 2023 in Chicago, Illinois. Chicago Mayor Lori Lightfoot issued a state of emergency on Tuesday amid a surge in migrant arrivals which began in August 2022 when the first group of immigrants were bused from Texas to Chicago by Texas Gov. Greg Abbott. According to Lightfoot's office, more than 8,000 migrants have arrived in Chicago since last year, with the city currently reaching "a breaking point." About 500 migrants have reportedly been living in the lobbies of police precincts around the city where they sleep on the floors and rely on food donations. (Photo by Scott Olson/Getty Images)

Chicago Gives Extra $9K In Rental Assistance To Immigrants In Need Of Housing, On Top Of $60M For Staffing

Chicago is providing an additional $9,000 in rental assistance to immigrants in need of housing accommodations, having just paid a medical company an astounding $7.2 million for staffing local shelters for one week, according to official documents released to the press.

Read More Chicago Gives Extra $9K In Rental Assistance To Immigrants In Need Of Housing, On Top Of $60M For Staffing
Governor JB Pritzker of Illinois, speaks to the media outside of the West Wing of the White House in Washington, DC, July 14, 2021, after meeting with US President Joe Biden about the administration's infrastructure plan. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Illinois to force landlords to accept illegal immigrants as tenants

A new Illinois law will require landlords to rent or sell property to undocumented migrants, adding immigration status to the list of protected classes in the Illinois Human Rights Act.

Read More Illinois to force landlords to accept illegal immigrants as tenants
Real estate agent Anastasia Chichikina inspects an apartment for sale in Moscow on February 7, 2023. - Real estate analysts say the housing market in Russia has been on a rollercoaster ride since Russians panicked when sanctions over the country's military action in Ukraine hit and then adjusted to their new reality. First, prices spiked as home-owners sought to secure their savings when the penalties hit. Then they dropped as tens of thousands Russians opposed to the conflict and worried for their futures up and left. President Putin insists Russia is weathering the Western sanctions. A home-grown brand has replaced McDonald's and supermarkets are offering Russian-made drinks to replace foreign brands like Coca Cola, which left Russia last year. Still, Russia's economy is facing mounting problems as the West -- one year into the conflict -- is building on its sanctions program with a 10th EU package looming. Hundreds of foreign companies have exited, leaving behind emptying shopping malls, while inflation, which stands at around 12 percent, has undermined the purchasing power of Russian wages. (Photo by Yuri KADOBNOV / AFP) (Photo by YURI KADOBNOV/AFP via Getty Images)

Economists express concerns over generational housing bubble

Several economist warn of a possible housing market collapse.

Read More Economists express concerns over generational housing bubble
A woman counts money outside a U.S. remittance collection agency in San Isidro, 70 km northeast of San Salvador, on June 10, 2020, amid the new coronavirus pandemic. - The drop of remittances, which represents the 16% of the gross domestic product (GDP) of El Salvador, is attributed to the loss of jobs in the US due to the COVID-19 pandemic. GUatemala and Honduras have also seen their incomes reduced. (Photo by MARVIN RECINOS / AFP) (Photo by MARVIN RECINOS/AFP via Getty Images)

Economist Discusses State of Economy and Market Predictions

The latest jobs report for April shows U.S. employers added 253,000 jobs last month. However, there are many other factors impacting the economy: interest rate hikes, the fall of three banks over the past two months, and debt ceiling negotiations

Read More Economist Discusses State of Economy and Market Predictions

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