Almost 900K American households are late on mortgage payments, report says
Around 878,000 American households were either late on their home loan payments for more than 90 days or were in foreclosure at the end of January, a new report has warned.
#Canada #Consumer #Economy #Money
https://globalnews.ca/news/11748842/900k-american-households-late-mortgage-payments/
Almost 900K American households are late on mortgage payments, report says
Around 878,000 American households were either late on their home loan payments for more than 90 days or were in foreclosure at the end of January, a new report has warned.
#Canada #Consumer #Economy #Money
https://globalnews.ca/news/11748842/900k-american-households-late-mortgage-payments/
Almost 900K American households are late on mortgage payments, report says
Around 878,000 American households were either late on their home loan payments for more than 90 days or were in foreclosure at the end of January, a new report has warned.
#Canada #Consumer #Economy #Money
https://globalnews.ca/news/11748842/900k-american-households-late-mortgage-payments/
“There are about 430,000 #U.S. #households worth $30 million or more, according to an analysis of Federal Reserve data by Zidar. Within that, there are about 74,000 worth $100 million or more.” open.substack.com/pub/adamtooz...

Sheltering From Oil Shocks


Measures to reduce impacts on #households and #businesses (Pdf)

iea.org/reports/sheltering-fro…

About this report

The conflict in the #Middle East has created the largest supply disruption in the history of the global oil market, due to the near halt in shipping traffic through the Strait of #Hormuz. The loss of supply is having significant impacts in global markets, pushing up prices for crude oil above $100/barrel, and leading to much higher prices for some refined products – notably diesel, jet fuel and liquefied petroleum gas (LPG). Concerns are growing about the impacts of higher prices on households, businesses and the broader economy.

In this report, the IEA details 10 demand-side options open to households, businesses and governments to shelter themselves from today’s oil shock and relieve the strains on affordability. These are based on the IEA’s longstanding expertise on #energy #security and on specific country examples.

[...]

Help urged for low-income households struggling with rising power rates
A pair of Saint John poverty researchers have told N.B. Power's rate hearing that rising electricity prices are a serious affordability problem for low-income households and the utility or provincial government should match programs in place elsewhere that would help.
https://www.cbc.ca/news/nb-power-rates-low-income-households-9.7133835?cmp=rss
80,000 households facing collection delays as city moves to new garbage schedule
Thousands of Ottawa households will face a nearly three-week gap between garbage and recycling pickup as the city moves to a new curbside collection contract.
https://www.cbc.ca/news/canada/ottawa/80-000-households-facing-collection-delays-as-city-moves-to-new-garbage-schedule-9.7132173?cmp=rss
(must-read)
If CBs do react by increasing interest rates, one thing becomes clear: unlike in prev. 2 world wars, they will be passing on to #households and workers the burden and cost of #war, chart @monetaryblog https://medium.com/@monetarypolicyinstitute/war-inflation-and-austerity-or-here-we-go-again-8eba1d77a3d5
4 Bloomberg: … and to shield #households from higher #energy #costs. Globally, #bonds today surrendered their year-to-date gains. #markets #bondmarkets
A recent study commissioned by the energy company Octopus Energy and conducted by RWTH Aachen reveals that loyal electricity customers in Germany are being syst... https://news.osna.fm/?p=37911 | #news #customers #face #hikes #households
Loyal Customers Face 47% Price Hikes, 30 Million Households Overpay €11 Billion in 2025 - Osna.FM

New study reveals German households are overpaying for electricity; loyal customers face systematic disadvantages in the market.

Osna.FM