Focus: Too many tractors: As boom times fade, farm equipment piles up
Falling crop prices are leaving agriculture equipment sellers with an excess of unsold tractors and combines. To cope with the surplus, dealers are discounting machines, suspending new orders, and even auctioning off equipment at reduced prices.
Households Earning $300k+ a Year Are Biggest Beneficiaries of New Student Debt 'Cancellation' Plan, Penn Wharton Study Finds - FEE
Despite those letters sent to debt relief recipients that read, “Congratulations! The Biden-Harris Administration has forgiven your federal student loan(s),” loan forgiveness is not an act of charity. Nor is it sound policy.
Crush! | iPad Pro | Apple
Introducing the all-new iPad Pro. Outrageous performance by the first-ever M4 chip. With the breakthrough Ultra Retina XDR display. All in the thinnest Apple product ever. iPad has never been this powerful. Or this thin.
Learn More: https://apple.co/3QEsTSv
Audio Descriptions: https://youtu.be/uT24U56I1ZA
“All I Ever Need Is You” by Sonny & Cher - https://apple.co/sonny-cher-all-I-need
#iPad #iPadPro #ApplePencilPro
Welcome to the official Apple YouTube channel. Here you’ll find news about product launches, tutorials, and other great content. Apple’s more than 160,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it.
The Social Security actuaries are still bullish on the idea that US women are going to start having more babies than they've been having:
"Birth rates are assumed to increase from recent very low levels to an ultimate level of 1.9 children per woman for 2040 and thereafter."…
— Melissa S. Kearney (@kearney_melissa)
Housing Price Growth Expectations Increase; Renters Express Concern for Ability to Own a Home - FEDERAL RESERVE BANK of NEW YORK
NEW YORK—The Federal Reserve Bank of New York today released results from its 2024 SCE Housing Survey, which is part of the broader Survey of Consumer Expectations (SCE) and provides information on consumers’ housing-related experiences and expectations. The results show that the pace at which households expect home prices to rise in the next year has reaccelerated after falling last year, with average one-year ahead expectations now reaching their second highest reading in the survey’s history. In contrast, home price growth expectations for the next five years declined slightly. Expectations about the change in the cost of rent were considerably higher than home price expectations but followed a similar pattern, as rental price growth expectations increased for one-year-ahead and were essentially flat for five-years ahead.
Homeowners’ expectations about the likelihood of refinancing their mortgages over the next 12 months rebounded slightly after falling last year, but remain well below pre-pandemic levels. Renters’ views on the ease of obtaining a mortgage deteriorated substantially, with 74.2% stating that obtaining a mortgage is somewhat or very difficult. In fact, renters’ self-assessed probability of ever owning a home decreased to a new series low.
(4) Arnaud Bertrand on X: "This is absolutely priceless. And probably the most frightening clip you'll ever watch on the people in charge of the US economy. Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy https://t.co/1b31FPFPCQ" / X
Jared Bernstein is literally the Chair of the Council of Economic Advisers, the main agency advising Biden on economic policy
— Arnaud Bertrand (@RnaudBertrand)