US home prices surge 18.4% in October
U.S. home prices surged again in October as the housing market continues to boom in the wake of last year’s coronavirus recession.
Inflation squeezes holiday budgets for low-income shoppers
Emarilis Velazquez is paying higher prices on everything from food to clothing. Her monthly grocery bill has ballooned from $650 to almost $850 in recent months. To save money, she looks for less expensive cuts of meat and has switched to a cheaper detergent.
Insurer agrees to $800M settlement in Boy Scouts bankruptcy
Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute $800 million into a fund for victims of child sexual abuse.
California may cut rooftop solar incentives as market booms
California’s 26-year-old program to get more people to put solar panels on their homes has been wildly successful, but state regulators may lower the incentives for people to go solar in a bid to reduce electricity bills for the rest of residents in the most populous U.S. state.
California Isn’t Adding Nearly Enough Housing To Keep Up With Job Growth
With L.A. and other Southern California governments planning for a big increase in housing over the next eight years, a new report illustrates just how poorly the state has done in keeping up with the demand.
