Новости за 06.10.2022

As home prices reached record levels this summer, Portland Real Estate examined data from the S&P CoreLogic Case-Shiller U.S. National Home Price Index.

In August 2022, President Joe Biden passed a student loan debt forgiveness plan, which canceled up to $10,000 for specific individuals. Up to $20,000 of debt relief is available to Pell Grant recipients. Borrowers are only eligible for this relief…

President Joe Biden signed the American Rescue Plan into law in 2021. Its total cost was $1.9 trillion. This spending included a significant amount of money directed toward counties to use as they saw fit for coronavirus relief. It also…

The 2020 COVID-19 pandemic precipitated some of the most significant aid for ordinary people in American history. The government paused student loan payments, extended unemployment benefits to freelance and gig workers, and sent families making below a certain income threshold…

When the coronavirus pandemic struck in 2020, travel worldwide screeched to a grinding halt. Borders had closed, and health experts warned against air travel, as sitting with others in close quarters could spread the virus. As such, airlines saw revenues…

Former President George W. Bush signed the Troubled Asset Relief Program in 2008 to prop up failing banks and businesses by purchasing assets and other equity. The program aimed to stave off the country's mortgage and financial crisis while stabilizing…

The airline industry entered a crisis after the terrorist attacks of Sept. 11, 2001. In the immediate aftermath of the attacks, airline traffic fell by over 30%.The federal government stepped in to assist the battered industry. In just two days,…

The savings and loan crisis resulted from almost a third of the savings and loan associations in the United States failing over several years, thanks in part to their participation in several risky real estate ventures.The Financial Institutions Reform, Recovery…

By 1979, the American automotive company Chrysler was nearly bankrupt. But when the federal government bailed the company out, it wasn't just to save an iconic American company—national security implications were also at play.Chrysler was awarded a contract to build…

Rampant speculation by prominent bankers and expansion of credit caused the 1792 Bank of the United States crisis. The bankers tried to drive up the prices of securities but defaulted on their loans, which led to falling prices and a…

The COVID-19 pandemic led to the most significant infusion of federal aid to businesses and families in American history. But this pandemic wasn't the first time the government has stepped in to rescue a failing industry or the economy. From…

June 15, 1957—September 12, 2022

In 1993, Michael Jordan announces his retirement after nine seasons and three titles in the NBA. See more sports moments from this date: