FEDS Paper: Price-Segmented Beliefs and the U.S. Housing Boom

Margaret M. JacobsonThis paper shows that expected capital gains in several MSAs were higher for relatively lower-priced, rather than higher-priced, houses during the U.S. boom of the 2000s. Because buyers of lower-priced houses tend to be more sensitive to credit conditions than buyers of higher-priced houses, this paper documents patterns that are consistent with an interaction of beliefs and credit conditions in a time period where direct evidence on house price beliefs is scarce.

AI data center boom is leaving consumer electronics short of chips − even though they don’t use the same kinds

It takes a huge investment to be able to manufacture computer chips like these. Annabelle Chih/Getty ImagesThe boom in data center construction is taking up much of the supply of high-tech components, especially processor and memory chips. This demand is squeezing consumer device makers, which are having trouble acquiring enough chips.

Supreme Court considers how much states can protect consumers when federal agencies won’t

As of April 2026, the U.S. government has not required a warning label on Roundup weed killer. AP Photo/Haven DaleyChemical giant Monsanto has argued for years that if the U.S. Environmental Protection Agency approves a pesticide label without requiring a cancer warning, states cannot hold its manufacturer liable in court for failing to warn consumers about cancer risks. The U.S.

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