Institutional investors have bought hundreds of thousands of homes, many in Black communities. Critics say it’s creating a ‘generation of renters’

Democratic lawmakers are scrutinizing whether the American dream of a suburban home and white picket fence is being seized upon by large institutional investors, costing working people a shot at property ownership. The House Financial Services Subcommittee on Oversight and Investigations held the virtual panel Tuesday, titled “Where Have All the Houses Gone? Private Equity, … Read more

Institutional investors have bought hundreds of thousands of single-family homes, many in Black communities. Critics say it’s creating a ‘generation of renters’

Democratic lawmakers are scrutinizing whether the American dream of a suburban home and white picket fence is being seized upon by large institutional investors, costing working people a shot at property ownership. The House Financial Services Subcommittee on Oversight and Investigations held the virtual panel Tuesday, titled “Where Have All the Houses Gone? Private Equity, … Read more

Petro and Colombia’s Rule of Law

Former M-19 rebel Gustavo Petro won Colombia’s runoff presidential election Sunday with 50.5% of the vote. His opponent, businessman Rodolfo Hernández, received 47.3%. The rest of the votes were either left intentionally blank or annulled by electoral authorities. With nearly half of all voters declining to endorse Mr. Petro, there is no mandate for radical … Read more

Breaking the Biden Age Taboo

A pastime around our office in early 2021 was guessing when Democrats would begin to point out that President Biden was too old for the job and should pack it in. The consensus was after a drubbing in the midterm election, but congrats to the colleague (he knows who he is) who figured sometime early … Read more

Texas A & M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Texas A & M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Texas A & M’s Unreported Foreign Funding

Intellectual property theft and economic espionage by foreign governments have become major problems at US colleges and universities. That’s why federal law requires colleges to report foreign-sourced gifts and contracts worth at least $ 250,000 in a calendar year. The Education Department in 2019 launched an investigation into foreign funding at several prominent American institutions … Read more

Oil Prices Top $ 120 as China Eases Lockdowns

Oil prices rose to their highest level in more than two months Monday, driven by China’s tentative emergence from Covid-19 shutdowns. A renewed push by European Union leaders to strike a deal that would ban most Russian oil imports added to the upward momentum on prices. Heading into the summit in Brussels, German Chancellor Olaf … Read more

Breaking Russia’s Ukrainian Grain Blockade

Servicemen from a combined sapper team of the International Mine Action Center under the Russian Armed Forces clear mines from the Mariupol Commercial Sea Port on May 23. Photo: Vladimir Gerdo/Zuma Press Vladimir Putin’s Ukraine war is spreading humanitarian and economic hardship far and wide, and on deck is a global food shortage. The world … Read more

The clock is running out for Congress to pass Big Tech antitrust bills this year

Nearly three years ago, when the Justice Department and Federal Trade Commission launched probes into the business practices of Big Tech, antitrust experts and legal talking heads declared a new age in enforcement and a chastening of unbridled financial power. But a pandemic and countless bill markups later – amid feverish lobbying efforts by Apple … Read more