President Donald Trump has called for a one-year cap on credit card interest rates at 10%, citing consumer affordability concerns amid economic pressures, though details on implementation remain unclear. The proposal is part of his broader populist economic messaging, which has faced mixed public reception and political challenges, including previous efforts by the Biden administration to regulate credit card fees.
President Trump is drafting an executive order aimed at addressing affordability issues, including potential changes to restrictions on using 401(k) funds for homebuying, amidst ongoing political debates about housing and inflation. Senate Democrats and Republicans are discussing policies that could impact the housing market and individual savings, with the White House indicating that policy announcements are forthcoming.
Zohran Mamdani was sworn in as New York City's first Muslim and democratic socialist mayor, focusing on affordability, housing, education, and social safety initiatives, with plans to freeze rent increases, expand affordable housing, eliminate bus fares, and raise taxes on the wealthy to fund these programs.
Zohran Mamdani has been elected mayor of New York City, winning the largest inaugural crowd in decades and capturing widespread attention with his focus on affordability and progressive policies, marking a significant political rise from a little-known candidate to a historic mayoral figure.
Home prices are stabilizing with slight declines and mortgage rates have decreased, improving affordability for buyers, but high down payment requirements remain a barrier. Increased housing supply and rising pending sales indicate a positive market trend, though the typical time to save for a down payment is still longer than pre-pandemic levels.
Olive Garden will introduce smaller, more affordable portions of select dishes in the new year after positive customer feedback, aiming to enhance affordability perceptions and increase visit frequency, without replacing existing menu options.
The article discusses subscription options for the Financial Times, emphasizing affordability and various plans for digital and print access, highlighting the importance of accessible quality journalism.
Flawed inflation data has undermined Donald Trump's hopes for a quick victory in improving affordability, highlighting issues with economic indicators and their impact on political goals.
FIFA announced a new $60 ticket tier for the 2026 World Cup to address affordability concerns amid high demand, but many fans remain skeptical about securing these tickets due to limited availability and high prices for other tiers.
Former President Trump delivered a Christmas speech filled with self-promotion and attacks, while recent political developments suggest his influence is waning as both voters and Republican lawmakers distance themselves from him, signaling potential challenges for his 2024 ambitions.
A new era in the housing market is anticipated as affordability improves for the first time in years, driven by rising incomes and stable mortgage rates, leading to increased sales and a potential market reset by 2026, according to experts.
James Solomon was elected mayor of Jersey City, defeating ex-Governor Jim McGreevey in a runoff, with a platform focused on making the city more affordable and addressing rising costs and development issues.
The article discusses the concept of affordability in politics, emphasizing that it goes beyond just real income and includes perceptions of economic inclusion, security, and fairness, which are crucial for understanding voters' concerns about the cost of living.
McDonald's promoted an $8 nugget combo meal, but faced online backlash over its perceived high price, quality concerns, and service issues, highlighting ongoing challenges in maintaining affordability amid rising costs and changing consumer perceptions.
McDonald's promoted an $8 nugget combo meal, but faced online backlash over perceived high prices, quality concerns, and service issues, highlighting ongoing tensions between menu pricing and consumer perceptions amid inflation and economic challenges.
