What we’re reading: Cohen sues Trump

first_imgFacebook What we’re reading: Chauvin found guilty in Floyd case, Xi to attend Biden’s climate change summit ReddIt Mitchell Lefevrehttps://www.tcu360.com/author/mitchell-lefevre/ Better Together learns new ways to improve interfaith dialogue on campus Facebook Linkedin Abortion access threatened as restrictive bills make their way through Texas Legislature Michael Cohen headlines a heavy week of White House-related news. Photo by Julie Jacobson, Associated Press. Mitchell Lefevre is a sports broadcasting major from Los Angeles, California. A very big sports fan, he would love to one day be an announcer or sports show talent. Twitter + posts What we’re reading: Another impending shutdown printWe’re back and we’re reading everything from “Fox News” to the “Washington Post.” We’re trying to help you keep up with the rapid pace of politics and everyday news. Today, we’ve got a lot of White House and President Trump-related things, with Michael Cohen, Paul Manafort and Bill Shine all making headlines.Cohen sues Trump OrganizationAccordingto the AssociatedPress, Michael Cohen filed a lawsuit against the Trump Organization.The president’s former lawyer claimed the Trump Organization did not pay his legal bills like they promised. Cohen said he is owed at least $1.9 million.Cohen’slawsuit said the Trump Organization had stopped paying his legal bills after hestarted cooperating with federal prosecutors in the Russia investigation.The TrumpOrganization has not yet commented on the lawsuit.Paul Manafort sentenced to 47 monthsin prisonPresidentDonald Trump’s former campaign chairman Paul Manafort was sentenced to almostfour years in prison after he was found guilty on eight accounts of bank andtax fraud, according to FoxNews.Theconviction made Manafort the first campaign associate of Donald Trump to befound guilty during the Robert Mueller probe.The nine months Manafort has already served will be counted toward the sentence, and he was also given a $50,000 fine.This is notit, however, for Manafort, as he is still facing prison time from another casein which he plead guilty to foreign lobbying violations and witness tampering.  It is possible he could be sentenced to 24years in prison with a $24 million fine for the second case.Facebook announces plans to blockanti-vaccination contentFacebooksaid it is going to start blocking the spread of misinformation about vaccines,according to CBSNews.The companyfaced a lot of criticism for being a vessel to spread false information aboutvaccinations during the measles outbreak in the Pacific Northwest.Facebookhas said it will start rejecting ads with vaccine misinformation, as well ascutting down on posts that contain incorrect data.Additionally,the tech giant said it will share educational material on vaccinations to userswho have come across false information.House of Representatives passesresolution condemning anti-Semitism and anti-Muslim discriminationOnThursday, the House of Representatives passed a resolution that condemnsanti-Semite and anti-Muslim hate and intolerance, according to CNN.The resolutionpassed with a 407-23 vote, with all 23 ‘no’ votes coming from Republicans.SomeRepublicans, however, are not happy with the resolution because it did not addresscondemning Ilhan Omar, D- Minn., who was criticized recently for makinganti-Semitic comments on Twitter.DemocraticRep. Eliot Engel, chairman of the House Foreign Affairs Committee, said hewished there was a separate resolution just about anti-Semitism, but at least somethingwas passed to address hatred and bigotry.White House Communications DirectorBill Shine resignsAccordingto the WashingtonExaminer, White House Communications Director Bill Shine has resigned. President Trumpaccepted Shine’s resignation Thursday evening, and Shine will join Trump’scampaign as a senior adviser. Thepresident praised Shine and said he looks forward to working together on the2020 campaign.Shine wasthe co-president of Fox News before becoming the White House Commutations Directorin July 2018.Kentucky school districts close duringprotestsAccordingto ABCNews, at least four Kentucky school districts had to close as hundreds ofteachers called in sick to protest public education proposals by the statelegislature.This is thethird time in the past week that a school district has had to close because ofteachers not going to work.Kentuckyhas joined California, Colorado, and West Virginia as states where publicschool teachers have gone on massive strikes.In all cases, the teachers say there is not enough money going to support public education.That’s all we have for today. Previous articleWomen’s basketball to rely on senior leadership in Big 12 tournamentNext articleReview: ‘Alita: Battle Angel’ tells a meandering story with stunning visuals, anime action Mitchell Lefevre RELATED ARTICLESMORE FROM AUTHOR Linkedin Mitchell Lefevre Twitter Mitchell Lefevrehttps://www.tcu360.com/author/mitchell-lefevre/ What we’re reading: Former Vice President dies at 93, Chad President killed on frontlines ReddItlast_img read more

U.S. Homeownership Rates Lose Ground to Other Developed Countries

first_img Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe  Print This Post Tagged with: credit ratings Home Equity Homeowners Homeownership HOUSING U.S. Urban Institute March 14, 2018 1,731 Views Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago U.S. Homeownership Rates Lose Ground to Other Developed Countries The rate of homeownership in the U.S. is in the middle to lower range compared to other developed countries according to an analysis by the Urban Institute. In fact, data showed that the rate is about the same as it was in 1990 in the country, whereas homeownership rates in other developed nations have increased substantially over the years.Using datasets, which were available until 2015, the analysis compared homeownership rates from 1990 to 2015 across 18 countries and found that the United States was ranked tenth in 1990 and was close to the mean rate of its peer countries. But, by 2015 it had slipped three places in rankings with the country’s homeownership rates at 63.7 percent falling below the mean rate of 69.6 percent, the analysis indicated.During the period for which the analysis was done, 13 of the 18 countries increased their homeownership and apart from the U.S., Bulgaria, Ireland, Mexico, and the United Kingdom saw a decline in homeownership rates.Even when a broader base of countries was taken into account, the U.S. ranked 35 of 44 countries and was 10 percentage points below the mean homeownership rate of 73.9 percent for all these countries, the analysis found.When it came to age-patterns and homeownership though, the analysis found that the U.S. was similar to that of other European countries, where homeownership rates peak at or near retirement, between ages 65 to 74. It found that other than Germany, Austria, and the Netherlands, homeownership rates at that age peaked between 75 to 90 percent, well above the rate for younger households.In terms of home equity, the study found that in the U.S. home equity was a greater source of retirement wealth. “Home equity is a huge source of retirement wealth in the US and in the most-populous European countries. But the US curve tends to be steeper than for many other countries with lower homeownership rates for people ages 44 and younger,” the study said.It also pointed to falling rates of homeownership for households aged 44 and younger in the U.S., which remain historically low despite the rate of homeownership for this age-group experiencing an exponential increase in the past year. It found that one of the reasons for low homeownership rates in the 44 and younger age-groups could be because of the current credit environment that makes it difficult for anyone with less than perfect credit scores to obtain a mortgage. Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily center_img Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago credit ratings Home Equity Homeowners Homeownership HOUSING U.S. Urban Institute 2018-03-14 Radhika Ojha Previous: Mortgage & LGBT Leaders Work Toward Diversity and Inclusion Next: HUD Addresses Concerns About Reverse Mortgage Foreclosures Demand Propels Home Prices Upward 2 days ago Related Articles The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / U.S. Homeownership Rates Lose Ground to Other Developed Countrieslast_img read more