The Daily Money: Rent increases are starting to ease

The Dailey Money: Rent hikes are easing after more than a year of sharp increases. Rhode Island lead among states with rent declines. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Friday, December 16 It's Friday, Daily Money Readers! Paul Davidson here to bring you the day's top stories. Twitter isn't the only social media platform embroiled in controversy. There's a growing movement in the U.S. to ban or restrict TikTok, the wildly popular Chinese-based app for creating and sharing videos. The U.S. Senate this week passed legislation to bar use of the service on government devices. And about a dozen states have blocked TikTok on state-issued gadgets, including Texas, Alabama, Georgia, Maryland and New Hampshire. Some lawmakers want to go further. Sen. Marco Rubio, R-Fla., introduced a bill to ban TikTok from operating at all in the U.S. Critics fear the Chinese government could collect data through the platform or gain an advantage from information sourced from the app. Rents are finally stabilizing Rent increases are moderating after rising sharply since last year. In November, the median rent nationwide rose about 1% from the previous month to $2,007, according to Rent.com. In September and October, the median rent fell about 1% and 2.5%, respectively. Some states are still feeling the pinch. Rent increased 10% in New York and about 4% in Massachusetts and Iowa, but fell in about 60% of markets, led by Rhode Island, with a 7% drop. On an annual basis, rent climbed 7.4% in November, the third straight month of single-digit increases after steady double-digit gains since October 2021. 📰More stories you shouldn't miss📰  Is that trip refundable? Increasingly, the answer is 'no.' What to say when asking for a raise: One expert guides you through the conversation. Housing market predictions: Six experts weigh in on the real estate outlook in 2023. About The Daily Money Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you. Where are rental prices going up? Where are they going down? As one-bedroom apartments became harder to afford, people began sharing larger apartments to divvy up rental expenses, according to the report. What will the housing market be like in 2023? Here's what experts say What do you say when asking for a raise? Expert's guide to the... How to buy stock and check prices: A step-by-step guide for beginners 4 festive items to maximize your Christmas What home values say about past and present racism in your community OPINION Californians put fast-food bill to raise wages on hold for a 2024 vote Who is the richest person in the world? Elon Musk bumped from top. Twitter suspends NYT, CNN journalists; Musk says location data was... Want to start your car to warm it up? Why doing so may be a bad idea.   Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2022 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102