Exclusive: Currently under federal law, up to 25% of a worker’s take-home earnings can be collected

House Democrats introduced a bill Monday that would prevent workers from having their wages garnished for medical debt collection.

The bill would amend the Fair Labor Standards Act of 1938 to include a ban on wage garnishment for medical debt and prohibit any state or court from issuing or enforcing such wage garnishments.

Housing market has been stymied by borrowing costs, as Iran war pushed mortgage rates higher

Sales of previously occupied US homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices.

Existing home sales fell 2% last month from July to a seasonally adjusted annual rate of 3.98m units, the National Association of Realtors said on Thursday. This is the third straight monthly decline.