Fannie Mae tightened the screws on every condo association in America after the 2021 Chaplain Towers collapse in Surfside, Florida, where 98 lives were tragically lost. Financial and operational standards must be met, or the association is blacklisted. That’s budgeting, financial reserves, acceptable property maintenance and the like. In industry parlance, these blacklisted associations are
Crypto assets are witnessing a fresh wave of liquidations as President Trump’s new tariffs rock global markets. Trump’s new blanket tariffs target a long list of nations and go further than many analysts expected, sparking widespread economic uncertainty and volatility in both traditional and digital asset markets. Bitcoin’s price has plummeted from a 24-hour high
(NewsNation) — A typical monthly housing payment hit a record high of $2,807 during the last four weeks ending March 23, according to a study by Redfin. The 5.3% increase is a result of the average cost of home prices going up roughly 3% annually and mortgage rates sitting at 6.6%. “Buyers are cautious because they’re
Andrew Ackerman | Washington Post Lawmakers are taking their first step toward putting up guardrails for cryptocurrencies. But as legislation goes, it’s a relatively modest step – and some former regulators warn that the guardrails have big gaps. The framework, which a House committee will take up on Wednesday, would only apply to stablecoins, a
By CAITLIN POWELL FOR DAILY MAIL AUSTRALIA and STEPHEN JOHNSON Published: 00:09 EDT, 2 April 2025 | Updated: 00:09 EDT, 2 April 2025 Finance guru Mark Bouris has issued a stark warning that a US recession would have a butterfly effect on Australia’s economy. The warning comes as economists hold their breath in anticipation of
California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said
Want to comment on this story? Become a subscriber today. Click here. More than two dozen Michigan school districts face the loss of nearly $42 million in reimbursement for federal pandemic relief funds after the U.S. Education Secretary Linda McMahon rescinded a previously set deadline. Michigan education officials said agencies across the country, including the
Crypto asset manager and research firm CoinShares says institutional investors poured millions of dollars into altcoin digital asset investment products last week. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says crypto products enjoyed inflows last week after record-setting levels of outflows. “Digital asset investment products saw US$226m of inflows last week suggesting a
California’s political watchdog organization is slapping former Assemblymember Evan Low with a $106,000 fine for 23 counts of violating state campaign finance laws — allegations that include using his tech nonprofit to pay actor Alec Baldwin more than $227,000 to appear at an event for the group and a fundraiser for Low, which investigators said
FRAMINGHAM — “Canceled.” That’s the dreaded word Jean McMurray, executive director of the Worcester County Food Bank in Shrewsbury, saw next to her most recent online order she had made. Last week, the U.S. Department of Agriculture (USDA) Northeast Regional Office confirmed to the state’s Department of Elementary and Secondary Education (DESE) that Massachusetts’ $3.4