One of the largest trade unions in America says it’s not beholden to any political party. The Teamsters have supported Democrats for decades. However, its president gave a speech at the Republican National Convention Monday night, the first time in more than a hundred years.
High interest rates continue to plague the American consumer and financial institutions. Bank of America has reported a drop in its second quarter profits.
President Joe Biden is working to tackle the housing affordability issue. He calls on Congress to pass his plan to set a federal cap on rent increases.
