Latest from Aaron Schrank

• Apr 26, 2018

  LA seeks permanent solution to homeless encampments

  

  Los Angeles’ homeless population grew by more than 20 percent last year, and three-fourths of that population lives outdoors.

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• Apr 23, 2018

  Net neutrality rollback begins

  Businesses, states, Democratic senators are mounting challenges to the FCC repeal of internet protections. Click the audio player above to hear the full story. 

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• Apr 17, 2018

  Study finds housing shortages in 22 states

  The Commerce Department reports March housing starts Tuesday, giving us a snapshot of new home construction. U.S. housing production is finally returning to pre-recession levels, but a new report underscores that we’re still not building new homes fast enough to meet demand in 22 states. And while much of that demand is in the state […]

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• Apr 12, 2018

  Big banks are expected to report big profits tomorrow

  Tomorrow, JPMorgan Chase, Citigroup and Wells Fargo will report earnings for the first few months of the year. This year is shaping up to be a good one for the big banks, which are hauling in record profits. Analysts expect the new tax law and consumer confidence to be big boosters. Click the above audio player […]

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• Apr 11, 2018

  Here’s why regulating tech companies like Facebook is really hard to do

  Washington, D.C. lawmakers grilled Facebook CEO Mark Zuckerberg today over issues of data privacy and political manipulation of users. One possible outcome of Washington’s anger at the social media giant: new federal regulations that would clamp down on companies that trade in personal data. But regulating technology companies can be a daunting task, because tech […]

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• Apr 4, 2018

  Your trade war questions, answered

  

  Let's do some tariff talk.

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• Mar 30, 2018

  Facebook plans to end partnerships with data brokers

  Facebook knows a lot about its users — their searches, their likes, even their chat history. But data brokers have information Facebook doesn’t.  Click the audio player above to hear the full story. 

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• Mar 29, 2018

  Puerto Rico austerity plan faces hurdles

  Six months after Hurricane Maria, Puerto Rico’s governor is pushing an austerity plan he hopes will turn things around in the bankrupt U.S. commonwealth. He reckons the plan would allow the bankrupt U.S. commonwealth to pay back half of the principal on its debt — which includes more than $70 billion in bond debt and $50 […]

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• Mar 27, 2018

  Los Angeles struggles to house homeless amid Section 8 shortage

  

  The U.S. homeless population ticked up last year for the first time since 2010, led by a 26 percent percent surge in Los Angeles.

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• Mar 15, 2018

  FICO’s grip on mortgage credit scores challenged

  Mortgage finance giants Fannie Mae and Freddie Mac consider one credit score when determining the creditworthiness of mortgage applicants: FICO.  Some members of Congress want to change that by adding a provision to a bank deregulation bill that would require Fannie and Freddie to also look at applicants’ VantageScore. The company that calculates VantageScores is […]

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