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August 29, 2024

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Welcome to The Hill's Business & Economics Newsletter

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Business and Economics

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New survey finds only 10% believe homeownership is easily achievable

A new survey finds that 89% of Americans believe owning a home is essential or important to their vision for the future, yet only 10% say homeownership is easily achievable.

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Yelp files antitrust lawsuit against Google

Yelp filed a lawsuit against Google on Wednesday, accusing the tech giant of violating antitrust laws by abusing its search monopoly to gain an advantage in local search services and advertising.

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Ticker

Upcoming news topics and events to watch:

ofDepartment of CommerceThe personal consumption expenditures (PCE) price index is due to be released on Friday. Key inflation indicatorsJuly at 8:30 a.m. ET

In other news

Here's a more detailed account of what happened that day:

Investigators say a traffic control error caused the Union Pacific train crash that killed two workers

OMAHA, Neb. (AP) — A dispatch error and the failure of two backup systems combined to force a Union…

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Good to know

Business and economic news from other media:

The Dow rose 200 points Record EndNvidia shares plummet and Nasdaq falls (CNBC)
Critics of Hong Kong journalist convicted of sedition The decline of press freedom (CNN)
these Trump Media Investors Unfazed by losses (ABC News)

What others are reading

Top stories on The Hill right now:

Trump campaign criticizes Fox News after polls show Harris leading in battleground states

Former President Trump's campaign is attacking Fox News after it released a poll this week that showed Trump trailing Vice President Harris in several key battleground states ahead of the November election. read more

Kinzinger slams Republicans after Pelosi's January 6 video release: 'I'm furious'

Former Rep. Adam Kinzinger, R-Ill., on Wednesday expressed new frustration with Republican lawmakers following the release of a video of then-House Speaker Nancy Pelosi, D-Calif., saying former President Trump “must pay a price” the day after the Jan. 6, 2021, attack on the Capitol. read more