In Sept. 2020, the median home sale price in North Carolina was $272,000. As of Sept. 2023, that figure had risen to $363,600, a nearly 34% increase, according to Redfin. In Charlotte, the state’s most populous city, rent prices have gone up 20% over the past three years.
“[These] charges are taking real money out of the pockets of American families. These junk fees can add up to hundreds of dollars, weighing down family budgets, making it harder to pay family bills,” President Biden said on Wednesday.
Nearly half of all borrowers say they aren't financially prepared to begin repaying their debt. Despite this, interest began accruing again on Sept. 1, and payments will be due again in October.
Although several of the Teamsters’ demands have been met, the union is still pushing to raise wages for part-time workers at UPS, who earn a minimum of only $16.20 per hour. "These part-timers are working at poverty wages," Teamsters President Sean O'Brien said.
Short-term plans offer limited coverage, can deny coverage based on pre-existing conditions, and trick consumers into buying products that provide “little or no coverage when they need it most."
A few years after Alito reportedly took a trip to Alaska paid for by Republican donor Paul Singer, the Supreme Court issued a ruling in a case involving Singer that netted his hedge fund $2.4 billion.