Also, we discuss the child tax credit, the Fed’s housing market dilemma and the first Black woman to get a Ph.D. in economics.
Nonprofit Climate Central estimates that home air conditioning use will increase almost 60% over the next 30 years.
The central bank’s been keeping interest rates low in part by buying up mortgage-backed securities. That has Fed officials keeping a wary eye on the housing market for signs of overheating.
“She was prescient in many ways,” says Nina Banks, editor of a new book on the speeches and writing of Sadie T. M. Alexander.
Starting July 15, most parents will get monthly payments for half of the tax credit instead of a lump sum at tax time.
Professors Jason Scott Smith and Jessamyn Schaller look back at the Works Progress Administration’s legacy.