Home equity in US hits record $27.8 trillion
Total U.S. home equity reached a record high of $27.8 trillion, according to the Federal Reserve. The Fed reported that home equity increased by almost 20 percent in the first quarter of the year amid a booming housing market, The Wall Street Journal said. The record setting home equity figures come as housing market prices skyrocket. The surge in prices coupled with high inflation rates has made it more difficult for people to use their eq
Read MoreBiden huddles with Pelosi and Schumer on inflation
President Biden on Wednesday met with Speaker Pelosi (D-Calif.) and Senate Majority Leader Chuck Schumer (D-N.Y.) at the White House to discuss ways to combat inflation, an issue weighing heavily on Democrats heading into November's midterms. The three leaders "discussed their plans for fighting the global problem of inflation that is affecting every major economy, such as bringing down prescription drug and energy costs, and adding to the historic deficit reduction we have accomplished," according to a White House readout of the call. The meeting comes as the White Hous
Read MoreNFL commissioner to testify at Commanders workplace misconduct hearing
NFL commissioner Roger Goodell is set to testify before the House Oversight and Reform committee as it investigates allegations of a workplace misconduct against the Washington Commanders and team owner Dan Snyder. NFL spokesperson Brian McCarthy told The Hill on Wednesday that Goodell plans to testify virtually to the panel on June 22. The Washington Post first reported the news. Committee Chairwoman Carolyn Maloney (D-N.Y.) and Rep. Raja
Read MoreConfederate flag-toting man, son convicted in Capitol riot
WASHINGTON (AP) — A federal judge on Wednesday convicted a Confederate flag-toting man and his son of charges that they stormed the U.S. Capitol together during the riot on Jan. 6, 2021, to obstruct Congress from certifying Joe Biden’s presidential victory. U.S. District Judge Trevor McFadden delivered the verdict from the bench after hearing two days of test
Read MoreGinni Thomas emailed with John Eastman: report
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