A new report from the Urban Institute found that one in five working-age renters struggled to pay rent last year. The share of middle-income renters that are facing these challenges grew by the biggest margin.
A new Ipsos/Reuters poll finds three in four voters say their cost of living is heading in the wrong direction. Nearly half of registered voters call it their top issue, regardless of party.
“Businesses say they would have raised wages by roughly an additional percentage point” had it not been for rising health insurance costs, said senior economics contributor Chris Farrell.