Affordability crisis

Bill Ackman warned that New York City could face disaster if Mamdani’s far-left agenda succeeds, attributing the city’s affordability crisis to years of poor public policy rather than capitalism. He criticized socialism as a disaster.

McDonald’s appointed Skye Anderson as president of its U.S. business to address sluggish sales growth, which fell below expectations in Q2 despite price-reduction strategies. CEO Chris Kempczinski acknowledged execution errors, including overwhelming new product launches and unclear marketing, but maintained the strategy remains sound.

Rising prices and affordability issues are causing more young adults to move back in with their parents. Jericka Duncan reported the story.

Democratic strategist James Carville criticized the party's messaging ahead of the midterms, stating it is 'not meeting the moment.' He emphasized that key races should focus on issues like the affordability crisis and the impacts from the ongoing war in Iran.

A new national housing report indicates many Louisiana workers earn insufficient wages to afford rent comfortably. Advocates are urging for higher wages and increased affordable housing options to address the crisis.

The economic boom reversing San Francisco's decline has reignited the city's affordability crisis, shifting Mayor Lurie's focus to address this challenge. This trend is reshaping his governing agenda as the city experiences renewed growth.

The affordability crisis in New York is limiting options for residents seeking rentals, co-ops, condos, or first homes due to inventory shortages and rising costs.

Critics have condemned Mamdani for threatening to arrest Netanyahu in New York City, labeling him 'delusional' and 'reckless.' They argue he should focus on local issues like homelessness, affordability, and road floods instead of foreign affairs.

CNBC ranked Ohio as the top state for business, with Republican leaders attributing it to their economic policies. However, the ranking focuses on states' self-marketing criteria rather than job quality or economic outcomes, and critics argue it overlooks financial struggles of many Ohioans due to policy changes favoring corporations and the wealthy.

A new federal housing law has been enacted, and housing advocates believe it could provide Nashville with tools to address its growing affordability crisis.

Democrats and democratic socialists should unite around primary winners across the ideological spectrum to focus on opposing Trump, addressing the affordability crisis, and avoiding wars. The goal is to secure a majority in at least one congressional chamber during the midterms.

Charlotte Mayor Rob Harrington discusses challenges including the I-77 toll project, potential repayment of funds to the state, addressing the city's affordability crisis, and improving public safety perceptions with the Charlotte-Mecklenburg Police Department.

A survey found 95 percent believe the US is in an affordability crisis, with around half of Democrats, Republicans, and independents reporting difficulty affording necessary goods like gas and food.

Bernie Sanders has called for Graham Platner to withdraw from the Maine Senate race amid sexual assault allegations, sparking a succession fight. The article also mentions Donald Trump's renewed interest in acquiring Greenland, a court striking down part of Florida's Stop Woke Act, and a poll highlighting concerns over an affordability crisis in the US.

A Harris Poll survey for the Guardian found 95% of Americans believe the US is facing an affordability crisis, with 57% perceiving the economy as worsening. Many report struggles with rising grocery and gas costs.

An exclusive Harris Poll survey for the Guardian reveals 95% of Americans believe the US is facing an affordability crisis, with 57% citing worsening economic conditions due to rising grocery and gas costs. The poll highlights concerns amid the war in Iran and approaching midterm elections.

Over 8,000 NYC renters have been evicted this year, with an average of 1,345 monthly evictions in the first half of 2026, highlighting a growing affordability crisis.

The Western housing crisis is intensifying as rising rents and property prices outpace wage growth, sparking global debates about whether housing should be considered a basic right or an investment asset.

The Senate passed a bipartisan housing bill designed to increase housing supply and reduce prices in response to an affordability crisis.

The Senate passed a bipartisan housing bill aimed at increasing supply and lowering prices amid an affordability crisis. The legislation is described as landmark and seeks to address rising housing costs.

The Senate passed a bipartisan housing bill intended to increase housing supply and lower prices. The legislation aims to address an ongoing affordability crisis by expanding housing availability through bipartisan efforts.

The Senate passed a bipartisan housing bill intended to increase housing supply and reduce prices in response to an affordability crisis.

In 2025, 25.2 million U.S. adults under 35 lived with their parents, representing one in three young adults, a record high driven by affordability crises and low wages rather than unemployment. Around 70% of employed young adults still living at home reported financial strain due to high housing costs and stagnant wages, with 64% of parents providing ongoing financial support to their Gen Z children.

Most American heterosexual households now have both parents working full-time, up from 40% 50 years ago. Racial and educational disparities exist in employment rates among mothers, with rising costs of living and childcare driving the shift toward dual-income families.

Demand for 'rent now, pay later' loans is expanding into the US rental market as consumers face increasing housing costs. The trend reflects a deepening affordability crisis in housing.

Consumers Energy has requested a $456 million rate increase and a $25 million 12-month surcharge from the Michigan Public Service Commission. Michigan Attorney General Dana Nessel has announced her office will intervene, criticizing the request as inflated and highlighting concerns about rising energy costs and utility profits.

New York City Mayor Zohran Mamdani has not received a response from Citadel CEO Ken Griffin after attempting to reconcile over a controversial video criticizing Griffin's Manhattan penthouse. Mamdani proposed a 'pied-à-terre tax' on wealthy property owners, which Griffin called 'creepy and weird,' prompting backlash. Mamdani emphasized his willingness to engage with business leaders to address affordability crises in the city.

Stop & Shop is implementing significant price cuts across its 137 stores in New York and New Jersey, reducing prices on local staples like bagels and smoked salmon by up to 23%. The price reductions are part of efforts to address the ongoing affordability crisis affecting shoppers in the region.

The Fair Prices for Local Businesses Act, an expansion of the Robinson-Patman Act proposed by Washington Democrats, aims to increase prices for consumers while favoring plaintiffs' lawyers and less-efficient businesses. The bill is criticized for worsening the affordability crisis.