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U.S. income inequality grew through pandemic years, Fed survey shows (www.reuters.com)

But the income gains were largest among the highest-earning families, and fastest among white families, with income at the median actually registering small declines for both Hispanic and Black families, the Fed found in its latest Survey of Consumer Finances, conducted every three years....

Connecticut enacts its most sweeping gun control law since the Sandy Hook shooting (apnews.com)

Connecticut’s most wide-ranging gun control measure since the 2013 law enacted after the Sandy Hook Elementary School shooting takes effect Sunday, with proponents vowing to pursue more gun legislation despite legal challenges happening across the country....

Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle (apnews.com)

At a time when Americans increasingly want pricey SUVs and trucks rather than small cars, the Mirage remains the lone new vehicle whose average sale price is under 20 grand — a figure that once marked a kind of unofficial threshold of affordability. With prices — new and used — having soared since the pandemic, $20,000 is...

Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years (abcnews.go.com)

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, grim news for would-be homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.

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