
Articles
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Aug 8, 2024 |
inc-aus.com | Roshan Abraham |Eileen Soreng
While economists are certain of an interest rate cut in September, the investment bank cites U.S. job numbers and global trading trends in its call that the chance of a recession has gotten higher. J.P.Morgan has raised the odds of a U.S. recession by the end of this year to 35 percent from 25 percent probability earlier, citing easing labor market pressures.
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Jul 23, 2024 |
thewealthadvisor.com | Kanchana Chakravarty |Roshan Abraham
(Reuters) - Barclays on Tuesday lifted its 2024 target for the benchmark S&P 500 index to 5,600 from 5,300 as it expects strong profit growth for mega-cap technology firms. The brokerage has joined peers like Citigroup and Goldman Sachs in raising their annual targets for the index on hopes of a "soft landing" in the U.S. and an interest rate cut from the Federal Reserve later this year.
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Jul 13, 2024 |
nytimes.com | Roshan Abraham
In 1975, New Jersey’s Supreme Court ordered every town in the state to make way for multifamily housing. It’s been a long journey.
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Jul 3, 2024 |
shelterforce.org | Miriam Axel-Lute |Steve Dubb |Roshan Abraham |Miriam Axel Lute
In a growing number of cities across the United States, housing advocates are getting laws passed that give tenants the ability to purchase—either directly or through a nonprofit—their own apartments. Increasingly, these policies are emerging as a powerful anti-displacement strategy. But these policies are hard won, and not always easy to implement. Even in cities where tenants have established this ability in law, they often have to stave off efforts to dial back these legislative gains.
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Jun 26, 2024 |
nonprofitquarterly.org | Steve Dubb |Roshan Abraham |Tram Hoang |Elin Zurbrigg
In April 2024, the US Environmental Protection Agency announced a $400 million grant to support renewable energy lending to a consortium of 63 lenders, led by the Native CDFI Network (NCN). As the National Law Review reports, the grant will support 58 Native community development financial institutions (CDFIs) and five other Native financial institutions.
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