Government News

Biden, Democrats ‘in a much worse position’ in midterms with tax and spend agenda: Grover Norquist

As President Biden and the Democratic Party still have plans to pump money into the U.S. economy, one tax expert is signaling that a Republican congressional majority could “absolutely” ease Americans’ financial stress. “Here’s the good news – we’ve done this…

US housing recession could send home prices tumbling 20%, economist says

Megan Henney, September 23, 2022 NC State Endowment Committee member Dennis Gartman and Payne Capital Management president Ryan Payne debate how an aggressive Fed could impact markets on ‘Mornings with Maria.’ U.S. home prices are finally falling from a record…

The US cities where home values are most likely to plummet in a recession

JORDAN HART, SEPTEMBER 17, 2022 A new report reveals which US cities would be most vulnerable to housing-market declines in an economic downturn. On Wednesday, real estate data company, ATTOM Data Solutions, published its Special Housing Risk Report for the second…

U.S. Foreclosure Starts Reach Pre-Pandemic Levels Nationwide

ATTOM Data Solutions, September 08, 2022 Illinois, Delaware and South Carolina had the Highest Foreclosure Rates; Completed Foreclosures Increase 28 Percent from Last Month IRVINE, Calif., Sept. 8, 2022 /PRNewswire/ — ATTOM, a leading curator of real estate data nationwide…

U.S Bank to raise minimum wage to $20 for U.S. and Canada employees

Paul Heaberlin, September 4, 2022 Minneapolis-based U.S. Bank will raise the minimum wage for its employees to $20 an hour later this year. In an announcement last week, the bank said all employees in the U.S. and Canada would make…

Collection Agency In Tampa Addresses Complaints On Debt Collection

OverPower Marketing, LLC, September 02, 2022 The Preferred Group of Tampa, a collection agency in Tampa, FL, has announced that they are addressing the common complaints regarding debt collection. Debt collectors are never going to be popular, but we want…

Florida TCPA Action Survives Motion To Dismiss

David O. Klein, 29 August 2022 In a recent Florida putative class action, Pariseau v. Built USA, LLC, plaintiff alleged that defendant violated the Telephone Consumer Protection Act(“TCPA”) as well as the Florida Telephone Solicitation Act (“FTSA”), by sending unsolicited…

Biden admin will announce decision on student loans in the next week

Brad Dress, August 21, 2022 Education Secretary Miguel Cardona on Sunday said the Biden administration is due to announce a decision on whether to extend a pause on federal student loan debt in the next week, butting up to an…

US employers add 528,000 jobs; unemployment falls to 3.5% despite fears of a recession

PAUL WISEMAN, AP Economics Writer, Aug 5, 2022 WASHINGTON (AP) — America’s employers added a stunning 528,000 jobs last month despite raging inflation and anxiety about a possible recession, restoring all of the positions lost in the coronavirus recession. Unemployment…

New powers used by Insolvency service to ban covid-loan abusers

Victoria Mossman , July 25, 2022 The UK’s Insolvency Service has utilised its new powers for the first time against directors that dissolve businesses to avoid the payment of its debts. The move is seen as the Insolvency Service ramping up…