Government

Inside ‘Mystery’ of Jeffrey Epstein’s Real Estate Developer Brother Mark—as He Breaks His Silence on Content of Government Files

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Inside ‘Mystery’ of Jeffrey Epstein’s Real Estate Developer Brother Mark—as He Breaks His Silence on Content of Government Files

Accused sex trafficker Jeffrey Epstein‘s real estate developer, Mark, has offered his own insights into the information contained in a trove of government files on his sibling, hours before President Donald Trump signed an executive order approving the release of the documents. Mark, 71, who began his career as an artist before pivoting into property … Read more

Government Reopens After Record-Long Shutdown: What It Means for the Housing Market

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Mike Johnson

The U.S. House of Representatives has passed a bill to reopen the federal government, ending the government shutdown after a record-long 43 days. The White House says President Donald Trump is prepared to quickly sign the bill, which will fund the government through Jan. 30, without extending the expiring health care subsidies Senate Democrats had … Read more

Fed Officials Are Divided on Next Rate Cut—and Government Reopening May Not Settle the Debate

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Fed Officials Are Divided on Next Rate Cut—and Government Reopening May Not Settle the Debate

Federal Reserve policymakers appear increasingly divided over whether to cut interest rates again in December, and even the resumption of federal economic reports as the government reopens may not settle the debate. Last month, after the rate-setting Federal Open Market Committee voted to cut rates for the second time in a row, Chair Jerome Powell … Read more

The Government Shutdown Is Nearing an End but Comes With a Multibillion-Dollar Price Tag

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Donald Trump at Joint Base Andrews in Maryland

The Senate bill to reopen the federal government is headed to the House for a final vote, bringing an end of the longest shutdown in U.S. history closer—as the economic toll from the disruption continues to mount.  The length of time it takes the Republican-controlled Congress to pass the funding package could cost the economy … Read more

Senate Moves Toward Ending Longest-Ever Government Shutdown—Here’s What It Could Mean for Housing

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Senate Moves Toward Ending Longest-Ever Government Shutdown—Here’s What It Could Mean for Housing

The Senate reached a deal on Sunday aimed at ending the longest government shutdown in U.S. history—a move that could have significant implications for the housing market. After a weekend of negotiations led by Senate Majority Leader John Thune, eight members of the Senate Democratic Caucus agreed to support Republicans in a 60-40 vote on … Read more

Consumer Confidence Edges Down Over Government Shutdown Concerns and Inflation

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Consumer Confidence Edges Down Over Government Shutdown Concerns and Inflation

Consumer confidence about the economy declined slightly in October, driven by Americans’ concerns over the ongoing federal government shutdown, rising inflation, and future scarcity of jobs. The Consumer Confidence Index, a measure of U.S. consumers’ sentiments about personal finances and the economy, slipped 1 point in October, to 94.6, from an upwardly revised 95.6 the … Read more