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For Biden, How to Help Mangled Economy Is Next Obstacle

For Biden, How to Help Mangled Economy Is Next Obstacle

by The Associated Press | Nov 9, 2020 | Banking & Lending, Commercial & Industrial, Coronavirus, CR Daily, Industry News, Residential Real Estate

President-elect Joe Biden will inherit a mangled U.S. economy – one that never fully healed from the coronavirus and could suffer again as new infections are climbing.

Presidency Hinges on Tight Races in Battleground States

Presidency Hinges on Tight Races in Battleground States

by The Associated Press | Nov 4, 2020 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

The fate of the United States presidency hung in the balance Wednesday morning, as President Donald Trump and Democratic challenger Joe Biden battled for three familiar battleground states – Wisconsin, Michigan and Pennsylvania – that could prove crucial in determining who wins the White House.

Share of Americans Worried by Neighbors’ Politics Up in Four Months

Share of Americans Worried by Neighbors’ Politics Up in Four Months

by The Commercial Record | Nov 2, 2020 | CR Daily, Industry News, Residential Real Estate

The share of Americans who would be hesitant to move to an area where most people have political views different from their own has increased by 31 percent since June.

Ex-Fed Chair Yellen Advises Biden on Virus Economic Fallout

Ex-Fed Chair Yellen Advises Biden on Virus Economic Fallout

by The Associated Press | Aug 14, 2020 | Banking & Lending, CR Daily, Industry News

Former Federal Reserve Chair Janet Yellen was among a team of advisers who briefed Joe Biden on Thursday about the economic fallout from the coronavirus.

Biden Picks Harris as Running Mate

Biden Picks Harris as Running Mate

by The Associated Press | Aug 12, 2020 | Banking & Lending, Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Joe Biden named California Sen. Kamala Harris as his running mate on Tuesday, making history by selecting the first Black woman to compete on a major party’s presidential ticket.

Despite Claims, Trump’s Order Doesn’t Stop Evictions

Despite Claims, Trump’s Order Doesn’t Stop Evictions

by The Associated Press | Aug 10, 2020 | Commercial & Industrial, CR Daily, Industry News, Residential Real Estate

Despite promises to the contrary, executive orders President Donald Trump signed Saturday do not prevent evictions.

Bloomberg Once Blamed End of Redlining for 2008 Collapse

Bloomberg Once Blamed End of Redlining for 2008 Collapse

by The Associated Press | Feb 13, 2020 | CR Daily, Industry News, Residential Real Estate

At the height of the 2008 economic collapse, then-New York Mayor Michael Bloomberg said the elimination of a discriminatory housing practice known as “redlining” was responsible for instigating the meltdown.

Former HUD Sec. Julián Castro Quits 2020 Presidential Race

Former HUD Sec. Julián Castro Quits 2020 Presidential Race

by The Associated Press | Jan 3, 2020 | CR Daily, Industry News, Residential Real Estate

Former Obama housing secretary Julián Castro, the only Latino in the 2020 Democratic presidential primary race, on Thursday ended his campaign that had pushed the field on immigration and housing.

Health Insurance Reform Takes Center Stage at Democratic Debate

Health Insurance Reform Takes Center Stage at Democratic Debate

by The Associated Press | Jul 31, 2019 | CR Daily, Industry News, Insurance

The signature domestic proposal by the leading progressive candidates for the Democratic presidential nomination came under attack from moderates in a debate that laid bare the struggle between a call for revolutionary health insurance policies and a desperate desire to defeat President Donald Trump.

Warren Warns of Economic Trouble Ahead. Is She Right?

Warren Warns of Economic Trouble Ahead. Is She Right?

by The Associated Press | Jul 29, 2019 | Banking & Lending, CR Daily, Industry News, Residential Real Estate

Elizabeth Warren became a household name thanks to her prescient warning of what became a global financial crisis. Now she’s staking her credentials on another forecast of fiscal trauma ahead. But even economists who like her prescription are skeptical about her diagnosis.

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