Child care for 2 kids now costs nearly 40% more than rent across 100 largest US metros
FOX Business' Lauren Simonetti reports on the latest market and political news surrounding Target, child care costs and rapper Cardi B. Even as the overall pace of inflation in the United States has moderated over the years, the cost of housing and raising children continues to soar, with child care costs now exceeding rent in […]
Brandon Miller’s widow sued for nearly $195K for 4 months of unpaid rent in NYC
The widow of Hamptons real estate mogul Brandon Miller was sued last week by her Upper East Side landlord for unpaid rent from April to July for her luxury $49,000-a-month apartment on Park Avenue. According to court documents, Mack Acquisitions filed a lawsuit against influencer Candice Miller on Sept. 12 to collect approximately $195,000 in […]
Avis Rent A Car cyberattack exposes nearly 300,000 customers’ information
Car rental giant Avis Rent A Car has been hit in the latest cyber attack. The New Jersey-based company acknowledged that it had discovered an intruder in one of its business applications. The security incident apparently affected hundreds of thousands of people, with personal information and driver's license numbers being leaked to hackers. For security […]
Job Creators Network Calls Out Democratic Spin on Energy, Food, and Rent Inflation Ahead of Debate
The Job Creators Network, America's largest small business advocacy group, has installed a rotating billboard in Times Square to highlight the harsh economic realities facing millions of Americans under the administration of President Joe Biden and Vice President Kamala Harris. The giant ad aims to “dismantle the Democratic campaign's pitch by showing that consumer prices […]
Housing Supply Booms in Argentina Since Javier Milei Cut Rent Control Law
One of the first acts of liberal President Javier Milley after winning Argentina’s presidential election last November was to repeal the country’s notoriously clumsy and counterproductive rent control. The results are in: rents are plummeting in Argentina as housing supply explodes. Rent control is a policy favored by leftists in the United States and Europe, […]
‘Rent is too damn high’: Rosen panned for Biden-aligned votes, high housing costs
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I Worry Biden’s Rent Price Control Plan Will Hurt Supply, Harris Doing One for Food Is Good
On Thursday’s episode of NewsNation’s “The Hill,” Rep. Raja Krishnamoorthi (D-Ill.) defended 2024 Democratic presidential candidate Vice President Kamala Harris’ apparent support for food price controls, but said he’s “a little bit worried” about President Joe Biden’s push for rent caps, fearing they will reduce the housing supply. “Your main points are: [2024 Republican presidential […]
Lawmakers’ Airbnb war leaves sky-high rent prices untouched
Politicians unwilling to pursue radical structural reforms to solve large, complex problems often settle for boring proposals that are only half-clever. These proposals usually involve complex plans, are often “supported” by opaque but detailed data, and studiously avoid root causes. Politicians who advocate such proposals benefit from appearing to be actively working to solve the […]
Flavor Flav helps US Olympic athlete pay rent after cries for help on social media
U.S. Olympians are struggling with rent and food prices amid soaring inflation during the upcoming Olympics, and now a rapper is stepping up to help. U.S. discus thrower Veronica Fraley posted on X on Thursday that she couldn’t pay her rent ahead of her Olympic debut on Friday. CLICK HERE FOR MORE SPORTS COVERAGE ON […]
NYC developer Michael Shvo slams $600M suit by exclusive club as ‘cynical ploy’ for rent reduction
A $600 million lawsuit filed by the Core Club, the ultra-exclusive Fifth Avenue power mecca, against a New York real estate mogul is rotten to the core, according to the developer being sued. Core owners Jenny and Danjean Enterprises alleged last month that real estate mogul Michael Shvot reneged on a deal to acquire a […]