Watch: Once owners of vacant lots build homes or apartments, their tax bills can skyrocket. Here’s how that contributes to the housing shortage in America’s biggest cities.
News moves fast, and there's not always time to untangle the complex forces driving the day's biggest stories. WSJ Explains breaks down big market moves, business and economic trends, and scientific developments to help you stay ahead of the curve.Biden’s student debt forgiveness plan isn’t the only change coming for student loan borrowers. His plan also fundamentally changes how loans will be repaid, turning many into, essentially, free college grants. WSJ explains.U.S.
defense contractors’ inability to quickly replenish weaponry such as missiles and munitions for Ukraine has led Pentagon officials to argue that industry consolidation has gone too far and raised questions about how prepared America is for conflict. Illustration: Adele MorganWhen Russia invaded Ukraine in February 2022, Western allies held strict red lines around the type of aid they’d provide. But as the war shifted, so did the type of aid.
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