Headline News Archive

2017

May

24

• White House banks on savings from Dodd-Frank rollback. President Trump’s first formal budget plan reflects his promise to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act with a pledge to foster…

• The case that could doom Elizabeth Warren’s Wall Street watchdog. The fate of the Consumer Financial Protection Bureau and its chief, Richard Cordray, is in the hands of a Washington appeals court that will hear arguments…

19

• Can't pay your student loans? The government may come after your house. Every day, 3,000 people default on their federal student loans — and those lack of payments amount to an unpaid bill of $137 billion for…

• Section 8 vouchers help the poor — but only if housing is available. So far the program has not always lived up to that promise, especially when it comes to women with children. Among voucher holders, a 2016…

18

• Banks, making record piles of cash, plead for regulatory relief. After voting to radically overhaul the U.S. healthcare system, House Republicans will vote in coming weeks on rolling back financial reforms put in place to…

• Mnuchin's old company's settlement on dodgy loans. For four years during Treasury Secretary Steven Mnuchin’s tenure as chair of OneWest Bank, its reverse-mortgage subsidiary Financial Freedom ripped off the government by receiving…

17

• When residents are told to move from aging public housing. Federal authorities are deeming crumbling public housing developments unnaceptable and uninhabitable and ordering that everyone must vacate, particularly in small, fading and remote cities. But…

16

• Philadelphia sues Wells for allegedly discriminating against minorities. The complaint filed in a federal court in Pennsylvania alleges that Wells Fargo violated the Fair Housing Act of 1968 by “steering” minority borrowers into…

11

• A poor credit score can make you less attractive to potential mates. Forget the power of pheromones. Want to make yourself more attractive to a potential mate? Make sure you have a good credit score.

• Tesla solar roof prices come in cheaper than some had expected. Tesla said Wednesday that the first two styles of its solar roof will be priced at about $21.85 per square foot.  That price is slightly lower…

10

• How homeownership became the engine of American inequality. An enormous entitlement in the tax code props up home prices — and overwhelmingly benefits the wealthy and the upper middle class.

• Amazon to share new building with homeless shelter in Seattle. Amazon will give roughly half of the six-story building to the shelter, providing it with 47,000 square feet of space with private rooms that can…

06

• Airbnb's leasing regulations has sparked controversy in New York (Chinese). (本報記者)有關Airbnb租賃規管的爭議，在奧本尼的議會內引發起激烈爭議，預料拉鋸戰將會持續數月。

05

• Congress should protect taxpayers from predatory PACE loans. Washington seems to be getting in its own way on a number of potentially major reform initiatives in the first few months of 2017. But…

04

• A 'forgotten history' of how the U.S. government segregated America. In 1933, faced with a housing shortage, the federal government began a program explicitly designed to increase — and segregate — America's housing stock. Author…

• Tips for financing that home remodeling. The recovery in housing prices means that more people have equity in their homes that they can tap for projects like adding a bathroom or…

03

• Airbnb settles lawsuit with its hometown, San Francisco. Airbnb agreed on Monday to settle a lawsuit against the city of San Francisco, putting to rest litigation that could have hampered the company’s efforts…

April

28

• First-time home buyers who did it on their own. Buying an apartment is a daunting task, particularly in a city like New York where even a shoe box can cost an eye-popping sum. Yet…

27

• Your credit score is about to become more forgiving. New changes are coming in the fall to how one major credit score is calculated, and the shift could make the key number more forgiving for…

• Six ways Trump's tax plan could affect ordinary taxpayers. President Trump’s plan, which offered few details, could cut taxes for some middle- and high-income families and for parents, and also reduce taxes for businesses large and small.…

24

• The biggest regrets people have after buying a home. Here are some things that others have said they regretted after making their purchase, based on surveys and discussions with industry experts. Not knowing enough about the…

23

• Mortgage rates remain in month-long slide. Mortgage rates have been decreasing for the last five months. Find out why.

22

• Trump saved carrier jobs; these workers weren't as lucky. During Mr. Trump’s campaign, the fate of more than 2,000 Carrier jobs that the company wanted to move to Mexico from Indiana, including those in…

21

• College Student Busted Renting Out Dorm on Airbnb (Chinese). 麻州大學安城分校(University of Massachusetts Amherst)一名女學生今年春季在Airbnb網站上發布自己寢室的出租信息，價格為每晚85元，因此舉違反學校規定，出租廣告被校方強制刪除。

18

• How is public money spent? Steve Ballmer has the data. The former Microsoft chief executive is unveiling a website aimed at giving United States citizens a transparent look at government budgets. Mr. Ballmer plans to…