Today’s News Synopsis:
Recent grads face a 9% jobless rate today—but AI could triple that unless government and industry step in, Sen. Warner says.
In The News:
CNBC – “Real AI ‘code red’: College grad unemployment could hit 25%, says Senator Mark Warner“ (12-03-25)
“Warner sounds alarm: AI may erase future job opportunities, driving youth unemployment far higher than today’s levels.”
Redfin – “Redfin’s 2026 Predictions: Welcome to The Great Housing Reset” (12-02-2025)
“U.S. homebuyers will start to get some relief in 2026, with affordability improving as income growth outpaces home-price growth. Next year will mark the beginning of a long, slow recovery for the housing market. ”
YahooFinance – “Congress begins final session of 2025 with healthcare (and a dash of AI policy) on the docket” (12-02-25)
“Lawmakers returned from Thanksgiving break on Monday with a lot to do before the holidays and only a few weeks to do it.”
CNBC – “Apartment rents drop further, with vacancies at record high“ (12-02-25)
“The national median rent for apartments fell 1% in November from October, and now stands at $1,367, according to Apartment List.”
U.S. News – “With ‘Trump Accounts,’ Your Baby Could Qualify for $1,000. Here’s What to Know” (12-02-2025)
“President Donald Trump’s tax legislation included a provision called “Trump Accounts,” which gives $1,000 to every newborn if their parents open an account”
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