Economy

Angie Atkins, 37, lives with her two kids in an apartment in northwest Philadelphia. She's been on a waitlist for a federal housing voucher, which would help subsidize her rent, for about seven years.

Rents are high and housing vouchers are hard to get. So Philly is giving renters cash

5:15am March 19, 2024

by Jennifer Ludden

The pilot program chose people on the city's long waitlist for housing vouchers to test how much direct cash payments can help. HUD, the federal housing agency, is interested in the possibility.

Economy

Dynamic pricing is coming to grocery stores

6:59pm March 17, 2024

by Amanda Aronczyk

When we think dynamic pricing, we usually think of airlines, Uber or Amazon quickly changing their prices. But now, dynamic pricing is coming to a supermarket near you.

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This nationwide settlement could change the way Americans buy homes

5:58pm March 15, 2024

by Scott Horsley

The National Association of Realtors has reached a nationwide settlement that could change the way real estate agents are compensated.

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A "Sale Pending" sign is posted in front of a home for sale on Nov. 30, 2023, in San Anselmo, California. Real estate agents face lower commissions after a major settlement has upended the way Americans buy and sell homes.

Economy

A major settlement could spell an end to 6% real estate commissions

4:35pm March 15, 2024

by Scott Horsley

The National Association of Realtors has reached a national settlement that could change the way real estate agents are paid. Critics say the current system keeps commissions artificially high.

Most boomers want to stay in their own homes as they get older

7:06pm March 14, 2024

by Scott Horsley

A majority of baby boomers say they want to stay in their homes as they get older. There are more physical and social supports to help with that goal. It could have effects for the housing market.

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The bitcoin craze is back

5:37pm March 13, 2024

by Adrian Ma

After its crash several years ago, bitcoin has come back with a vengeance. That's in part due to the newfound accessibility of holding bitcoin through something called exchange traded funds

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Inflation was higher than expected in February

4:55pm March 12, 2024

by Scott Horsley

Inflation was a little hotter than expected in February, for the second month in a row. Rent and gasoline drove much of the monthly increase. Food prices were flat.

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Alana Turner, 28, is one of the first pregnant people participating in the Rx Kids cash aid program in Flint, Mich. It's piloted by Mona Hanna-Attisha, the pediatrician who helped uncover the city's lead water crisis a decade ago.

Every new mom in this U.S. city is now getting cash aid for a year

4:55pm March 12, 2024

by Jennifer Ludden

Flint, Mich., aims to be a model for wiping out deep poverty during a crucial time for child development. The new benefits start during pregnancy to encourage prenatal care.

Economy

The Fed wants to see inflation fall closer to 2% before lowering interest rates

5:14am March 12, 2024

The Labor Department will release its February consumer price index findings Tuesday. Inflation has generally been easing, but the headline numbers could get a boost from rising gasoline prices.

Morning new brief

5:14am March 12, 2024

Haiti's prime minister says he'll resign once a transitional council is created. Georgia, key to winning the White House, holds a primary on Tuesday. The Labor Department reports on consumer prices.