Aarthi Swaminathan
Aarthi Swaminathan
Aarthi Swaminathan is a reporter with Yahoo Finance in New York. She was previously with CNBC International. Aarthi graduated from the National University of Singapore with a degree in political science and has a master's degree from New York University.Source
New York City, NY
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When will home prices drop? Here’s what 6 economists say.

When will home prices drop? Here’s what 6 economists say.

HomePersonal FinanceReal EstateWinter is generally a slow season for the real-estate sector, but will it stay frozen or thaw out — and more importantly, will home prices keep rising, or fall?Home prices and mortgage rates show few signs of falling at the end of October, as low inventory spurs competition among home buyers. Home buying demand is also drying up as many aspiring homeowners have decided purchasing a home is simply unaffordable. The 30-year mortgage was averaging at 7.9% as of October 26, 2023. A home buyer buying a median-priced home of roughly $400,000 today has to earn...

October 28, 2023
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Rep. Pressley: ‘Cancel student debt’ to reduce racial inequality

Rep. Pressley: ‘Cancel student debt’ to reduce racial inequality

Canceling student debt would not only address the massive racial inequalities among borrowers, but also “jump-start” the economy, according to a Democratic lawmaker.“There’s unrest in the lives of Black Americans, and that’s because of centuries of disproportionate hate, hurt, and harm that have been foisted on to Black Americans,” Rep. Ayanna Pressley (D-MA) told Yahoo Finance. “And so we’re at a culture shift moment — but we need a power shift moment.”Pressley has supported cancelling student debt to help level racial inequalities. “Black student borrowers borrow, and default more than...

July 10, 2020
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‘The entire apple orchard is poisoned’: Experts call out for-profit college marketing tactics

‘The entire apple orchard is poisoned’: Experts call out for-profit college marketing tactics

Read full articleThis is the second part of Yahoo Finance’s Illegal Tender podcast series on for-profit colleges. Despite various , for-profit schools remain exceptionally good at one thing: marketing themselves.From the slick TV ads to the savvy recruiting tactics — some as simple as presenting an opportunity to an underserved group — these colleges have proven efficient at outreach.“When you are just a business person and you are focused on what are the things that we can do to get more students to enroll and to increase the margin. … If that's what's driving your daily decisions, you...

August 14, 2020
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