Economy Update From NPR: Southern California Has Jobs For Incoming Afghans — But Not Much Affordable Housing

Southern California Has Jobs For Incoming Afghans — But Not Much Affordable Housing Afghans making their way to some California communities have run into a challenge that many residents face — affordable housing. Costs have made it difficult to find long-term places to live. Read more on NPR

Economy Update From NPR: Fed Chair Says It May Soon Be Time To Start Reducing Its Massive Economic Support

Fed Chair Says It May Soon Be Time To Start Reducing Its Massive Economic Support Federal Reserve Chairman Jerome Powell says the economy continues its recovery, hinting the central bank could dial back its extraordinary efforts to prop up the economy later this year. Read more on NPR

Economy Update From NPR: News Brief: Kabul Attack, Evacuations To Continue, Eviction Moratorium Ruling

News Brief: Kabul Attack, Evacuations To Continue, Eviction Moratorium Ruling The U.S. pledges to continue evacuations, despite an attack in Kabul. For President Biden, the attack is a major test of his Afghan strategy. The Supreme Court strikes down an eviction moratorium. Read more on NPR

Economy Update From NPR: New Stores Are Still Opening Despite The Pandemic

New Stores Are Still Opening Despite The Pandemic Something remarkable has been happening in American retail. Despite the devastation of the pandemic, people are still opening new stores. That’s true about major chains but also small shops. Read more on NPR

Economy Update From NPR: Are You Facing Eviction Or Afraid Of Losing Your Home? Tell Us About Your Situation

Are You Facing Eviction Or Afraid Of Losing Your Home? Tell Us About Your Situation More than 7 million Americans are behind on their rent but money from Congress to pay back-rent and prevent evictions isn’t reaching many people who need it. We want to hear from you. Read more on NPR

Economy Update From NPR: Why The Delay For Those Needing Federal Rental Assistance?

Why The Delay For Those Needing Federal Rental Assistance? NPR’s Leila Fadel speaks with Rutgers University Assistant Professor Peter Hepburn about why only 11% of the money Congress allocated for emergency assistance for renters has been distributed. Read more on NPR

Economy Update From NPR: Renters And Landlords Feel The Pinch Of Delayed Rental Assistance

Renters And Landlords Feel The Pinch Of Delayed Rental Assistance Congress has approved billions of dollars in rental assistance. But a new Treasury Department report shows that only 11% of that money has been distributed. Read more on NPR

Economy Update From NPR: Airbnb Will Give 20,000 Afghan Refugees Temporary Housing

Airbnb Will Give 20,000 Afghan Refugees Temporary Housing Aid groups say there’s an urgent need for housing for tens of thousands refugees from Afghanistan as they begin to resettle around the world. Read more on NPR

Economy Update From NPR: A ‘Unicorn’ Startup Is Turning Houses Into Corporations; Neighbors Are Fighting Back

A ‘Unicorn’ Startup Is Turning Houses Into Corporations; Neighbors Are Fighting Back The real estate startup Pacaso has rocketed to a billion-dollar valuation — but it’s recent fights with communities could foreshadow business troubles ahead. Read more on NPR

Economy Update From NPR: It’s Called The Bond Taper. Yes, It’s Geeky. But This Is Why You Should Know About It

It’s Called The Bond Taper. Yes, It’s Geeky. But This Is Why You Should Know About It The Federal Reserve has provided massive support to markets through the pandemic. Now it faces a tricky decision: how to start removing some of that help without triggering a market sell-off. Read more on NPR