NYC Requiring Proof of Vaxx // Yellen Looks to Avoid Debt Ceiling // Apartment Rents Rising - 8/3 (Hour 1)

The Financial Exchange Show - A podcast by The Financial Exchange Network

Categories:

(0:55) - New York City announced this morning that proof of vaccination will be required to enter restaurants, gyms, concert venues, and most public places and businesses. Will other major cities follow suit, and will this help curb the spread of the Delta Variant?(12:09) - Treasury Secretary Janet Yellen revealed new measures to avoid reaching the debt ceiling, which just went back into effect on Sunday. The guys discuss just how misleading the debt ceiling is, and why it is not a feature of the economy that Americans should be concerned about.(25:08) - Apartment rents are rising rapidly as young professionals head back to cities to work and live. Another factor that's driving rents higher is the ongoing spike in home prices, which are forcing would-be home buyers to the rental market instead.(36:01) - Pepsico. will be selling both the Tropicana and Naked Juice brands to PAI Partners, perhaps signaling a decline in consumer desire for juice drinks.