News
Politico | Immigration debate: Tuition breaks go largely unclaimed
Fifteen states have passed laws allowing undocumented immigrants to pay in-state tuition at public colleges — a huge incentive for lower-income kids looking for a financial break.
National Journal | The White House is Copy and Pasting Its Way Through the Jobs Recovery
For the past year, the White House has used the same opening line in its official statement.
CNN Money | Chinese buyers flood U.S. housing market
Chinese buyers accounted for 18% of the $68.2 billion that foreigners spent on homes during the 12 months ended March 31, according to the National Association of Realtors.
Econ Comments & Analysis
Fortune | Why higher interest rates won't stall U.S. job growth
As long as interest rates rise on positive economic news, as opposed to bad news, the economy will continue creating jobs at a decent pace.
Washington Times | Diverting food for fuel
Aclever ActionAid U.K. video asks Londoners to sign a petition that claims “greedy people in developing nations are eating huge amounts of food that could easily be turned into biofuel to power our cars.” They refused.
AEI | Progress on housing finance reform
Taxpayers received $66 billion of good news last Monday in the form of dividends to the Treasury from Fannie Mae and Freddie Mac as part of the compensation for the bailout of the two government-sponsored enterprises (GSEs).
Blogs
Market Watch | Mortgage rates poised to jolt up again
With the government reporting surprisingly good jobs news on Friday, the 10-year Treasury yield posted a large jump, signaling that mortgage rates may see yet another jolt higher in coming days.
