Many economists believe that the U.S. will enter a recession next year. Several think it has already started. One debate about the downturn is how long it will last. Will it be two or three quarters? Alternatively, will it be two or three years? Larry Summers, economist, former Treasury Secretary, and a past president of Harvard, continues to make one […]

The NFL has launched a league-branded subscription streaming outlet featuring live mobile rights once controlled by Verizon. NFL+, as the new service is known, is available in two versions. The basic one costs $5 a month (or $40 a year), while the premium tier is $10 a month, or $80 a year. The basic tier offers live local and primetime […]

Telcos participating in the upcoming auctions at the end of July say they expect only a fourth of the value of spectrum on offer to be sold. The government has put Rs 4.3 trillion of spectrum up for sale at the base price across seven bands including for 5G. An executive of a leading telco said he estimates that mobile […]

For the first time in the nation’s history, median monthly rents in the United States crossed the $2,000 mark. According to a report from real estate listing site Redfin, the median rent on all apartments listed nationwide rose 15% compared to a year ago. For those millions of Americans who do not have the stability afforded to them through homeownership, […]

Jung Hyun Choi is a senior research associate in the Urban Institute’s Housing Finance Policy Center. She studies urban inequality, focusing on housing, urban economics, real estate finance and disadvantaged populations in the housing market. Daniel Pang is a research assistant in the Urban Institute’s Housing Finance Policy Center. His research focuses on addressing disparities in the housing market including […]

This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York (CNN Business)One of the ultimate examples of “corporate solutions for government problems” is the Starbucks bathroom. American cities are particularly lacking public toilets, and rather than deal with that directly, lawmakers have been content to let Starbucks and […]

UPDATE: “He put a target on his own vice president’s back,” said January 6th Committee member Elaine Luria (D-VA), as she went through a harrowing timeline in which Mike Pence was rushed off the Senate floor and then to a security location as the mob approached. The hearing featured audio of Pence’s Secret Service detail, scrambling to determine what to […]

There are over 17.8 million military veterans living in the United States. These men and women, who have sacrificed more for their country than most lifelong civilians ever will, reside in cities and towns across the country, and are an important part of the social and economic fabric of their communities.  Young Americans enlist in the armed services for many […]

Streaming made up more than one-third of total TV viewing in June, according to Nielsen’s latest monthly snapshot, The Gauge. Accounting for almost 34% of overall viewership, streaming upped its share by six percentage points over the same month in 2021. Cable TV, meanwhile, slumped by five percentage points year-over-year. Even though summer months traditionally see lighter viewing of broadcast […]