Aaron Schrank

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

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 […]

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 […]

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 […]

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. 

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 […]

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 […]