A policy that's supposed to create more affordable housing often backfires, leaving cities with higher home prices and rents. There's a way to fix that.

Tech Insider : Economy, Politics
View of Long Island City and Manhattan from rooftop, Greenpoint, Brooklyn, New York.
Inclusionary zoning is designed to boost the production of affordable housing by requiring or incentivizing developers to build a certain number of below-market-rate units.

Lindsey Nicholson/Getty Images

A 64-year-old 'peak boomer' worries his savings and Social Security won't be enough to retire: 'My biggest fear is finding myself at 75 standing at the door at Walmart.'

Tech Insider : Economy, Economy, Politics
An older man sits on the beach, looking out at the sea
David Kirsch, 64, (not pictured) is worried his Social Security and 401(k) won't be enough to live off of in retirement.

Westend61 / Getty Images

A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

Tech Insider : Economy, Economy, Politics
Joel Lambdin
Joel Lambdin, 49, got $250,000 in student loans forgiven.

Joel Lambdin

Student-loan borrowers have delayed buying a home or car, having kids, and getting married because of their debt — even for those with balances smaller than $10,000

Tech Insider : Economy, Economy, Politics
College graduates
College graduates.

Robyn Beck/AFP via Getty Images

Gen Xers think they'll need $1.56 million to live comfortably in retirement, a survey found

Tech Insider : Economy, Politics, Economy
Woman sitting on bench
Americans think they need $1.46 million to retire comfortably, per a Northwestern Mutual survey.

Marcus Lindstrom/Getty Images

There might be a better way for colleges to honor legacies without giving them preference in admissions

Tech Insider : Economy, Economy, Politics
Student sitting on campus

Getty Images

Republican budget proposal would do away with universal free school lunches

Tech Insider : Politics, Politics
A girl carries a school lunch tray.
A girl carries a school lunch tray.

Tetra Images via Getty Images

Markets are eyeing a June rate cut. Here's what Fed officials have said on policy, jobs, and inflation that point to the next steps.

Tech Insider : Economy, Economy
Fed Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks at the Economic Club of New York.

AP/Mark Lennihan

China's real-estate slump is about to get worse

Tech Insider : Economy, Economy
People walk past an Evergrande Group residential complex called Evergrande Palace in Beijing on January 30, 2024.
Capital Economics forecast tumbling real-estate construction in the years ahead for China.

Pedro Pardo/AFP/Getty Images

China is the only major economy dealing with deflation

Tech Insider : Economy, Economy
crowd shanghai china
Chinese national flags are seen as tourists crowd along the Nanjing Pedestrian Road, a main shopping area, on a national holiday in Shanghai on October 4, 2014.

REUTERS/Aly Song

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