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This week’s money news

July 1, 2024 By Liz Weston

This week’s top story: State and local minimum wage hikes kick in around U.S. In other news: July mortgage rates could follow house prices downward, corporations want you to rent, not own, and 7 states where will pump up gas taxes on July 1.

State and Local Minimum Wage Hikes Kick In Around U.S.
Minimum wage earners in Washington, D.C., will now make $17.50 per hour, more than in any state.

July Mortgage Rates Could Follow House Prices Downward
Mortgage rates are poised to edge lower in July as inflation cools.

Corporations Want You to Rent, Not Own. Can Lawmakers Stop Them?
Corporate landlords wield outsize market power. Congressional bills would force them to sell.

Heads Up, Drivers: 7 States Will Pump Up Gas Taxes on July 1
State taxes average about 33 cents per gallon, though they vary widely by state.

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Filed Under: Liz's Blog Tagged With: apartment renting, gas, gas prices, gasoline prices, minimum wage, mortgage rates, rent vs own, rent vs. buy, renting

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