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FARE Act, Late-Week Retreat, Where’s The Inflation From Tariffs? Just Wait, Economists Say.

Martin Eiden | June 17, 2025

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New and Noteworthy

FARE Act

Starting June 11, the FARE Act is going to change how apartment rentals are handled in new York City. Traditionally, an agent working on behalf of a landlord - either exclusively or by way of advert-ising an open listing - would collect their fee from the tenant.

Under the FARE Act, if a landlord hires an agent, they pay the agent. (Full Story)

Late-Week Retreat

U.S. stock indexes fell on Friday amid heightened anxiety in the Middle East, sending the market to a negative week overall. After recording gains the previous two weeks, the S&P 500 and the NASDAQ posted fractional weekly declines while the Dow finished down more than 1%. Will rising tensions domestically and abroad have an impact on the economy?

(Full Story)

Where’s The Inflation From Tariffs? Just Wait, Economists Say.

Tariffs raise consumer prices. It’s a view held by most economists since long before President Trump entered the White House.

Prices rose when Mr. Trump imposed levies on China in his first term, though that did not translate to noticeably higher inflation overall.

(Full Story)

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