Modular Building Institute sues Oregon over modular wage rule
After the federal government put new limits on certain types of student-loan borrowing this summer, lending experts expect more students to turn to private loans to help cover tuition costs.
Cornell students stage anti-rape rally
It’s still early, but New York City’s luxury housing market is showing little sign of slowing after Mayor Zohran Mamdani’s new tax on high-value second homes took effect. The city’s first-ever pied-à-terre tax took effect on July 1, applying to non-primary residences valued at more than $5 million as part of the mayor’s larger effort…
Ukraine pounds grain terminals at Russia’s Black Sea Novorossiysk port, targets naval base
Cleveland Federal Reserve Bank President Beth Hammack, one of three dissenters at the Fed’s July meeting, has renewed her call for an immediate interest rate increase, arguing that inflation running above 3% is too high and that current policy is not doing enough to bring it down, according to Reuters. “I think that we need…
The Reserve Bank of India (RBI) has decided to close its swap facility for foreign currency non-resident (bank), better known as FCNR(B), deposits one month ahead of schedule as inflows have risen rapidly, with banks already mobilising $52.3 billion under the scheme by August 13. The move comes just about a week after RBI…