Trump Suggests He May Not Sign Bipartisan Housing Affordability Bill

Futures Rise, Oil Drops As US Ends Iran Strikes US equity futures are higher led by tech and small caps, with traders buying the dip in stocks as a swift conclusion to the latest round of US strikes against Iran raised expectations that talks over a peace deal and the reopening of the Strait of Hormuz will get back on track. As of 8:00am ET, S&P futures rise 0.7% to recover from a five-week low after Trump forewarned Iran would be hit “very hard,” followed by swift and superficial strikes; Nasdaq...

$109,796 In Earnings Needed To Afford Typical US Home The income needed in order to purchase a typical home for sale in the United States in June was $109,796, marginally lower than the record high $110,382 in 2025, real estate brokerage Redfin said in an Aug. 5 report. Housing affordability has remained largely flat year over year since monthly housing costs and people’s incomes are growing at a similar rate, Redfin said. However, the income needed to purchase a house has been dropping consistently since October. While the income required is around $22,000...