The Trump administration plans to slash support for long-term housing programs, marking a wholesale shift in homelessness policy. Critics say that doing so risks sending 170,000 formerly homeless people back onto the streets. https://buff.ly/KktGJzK
Karoline Leavitt, the White House press secretary, said Wednesday that the October jobs and Consumer Price Index reports may never come out. https://buff.ly/zdSb3LN
White House signals it will cut tariffs to help ease high food prices. Officials indicate changes coming to levies on imported goods including coffee and bananas. https://buff.ly/pJrWeG0
It’s going to be a long next 10 years for investors in US stocks, according to Peter Oppenheimer.
The Goldman Sachs strategist, who correctly predicted Wall Street’s underperformance this year, sees US equities continuing to lag other markets for the next decade. https://buff.ly/NpymU4D
Skills-based hiring was one of the biggest buzzwords of the postpandemic job boom. It dangled the promise of a major shift in white-collar recruiting. As with most fads, it is being quietly walked back as more companies seek those with college degrees. https://buff.ly/PsMXSlV
Bargain mortgages originated by builders are helping more people get onto the property ladder, but the hidden costs are inflated home values and underwater loans. https://buff.ly/B4iJKWJ
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