After the Midterms, Expect Gridlock to Reign on Capitol Hill

Inflation Shows Signs of Improving | More Pain Lies Ahead for Homebuilders | 10 Best Benefits for Military Members and Their Families Created for {EMAIL} | [Web Version]( November 11, 2022 CONNECT WITH KIPLINGER  [LinkedIn]( [Facebook]( [Twitter]( [Instagram ]( [Youtube]( [SIGN UP]( ⋅ [WEBSITE]( [] POLITICS [] [After the Midterms, Expect Gridlock to Reign on Capitol Hill]( After a surprisingly close election, control of Congress is likely to be narrowly split, with Republicans favored to take a very narrow majority in the House, while Democrats have the inside track to a slender Senate majority. That means passing any major legislation is going to be tough, even must-do items like bills to avoid a government shutdown. A few key lawmakers in each party figure to wield outsize influence, since their votes will make or break major bills. [READ MORE]( [Hire a Professional: Compare Up to 3 Financial Advisors That Serve Your Area]( Ready to kick your retirement plan into high gear? Compare fiduciary financial advisors who serve your area. [READ MORE]( ADVERTISEMENT [] INFLATION [] [Inflation Shows Signs of Improving]( [Inflation Shows Signs of Improving]( (Getty Images) October brought a glimmer of hope on the inflation front. As measured by the annual change in the Consumer Price Index, prices rose by “only” 7.7% in October from a year earlier. That’s still painful, but it represents a meaningful slowdown from the 8.2% pace in September, and gave financial markets hope that the Federal Reserve may be able to ease up on its campaign of raising interest rates to tame inflation. [READ MORE]( [] INVESTING [] [More Pain Lies Ahead for Homebuilders]( Stocks of companies that build new houses have been hammered this year, and for understandable reasons. Home construction is way down, due to soaring mortgage rates. Would-be buyers are backing away from new homes, while builders have to contend with rising costs of building materials and labor. Investors in the sector should proceed cautiously. [READ MORE]( [The Billion Dollar Startup Disrupting the $27T Retirement Industry]( With 110 million Americans over age 50, it's no wonder this Princeton grad's startup raised over $161M to help people plan for an easier retirement. [READ MORE]( ADVERTISEMENT [] Also on Kiplinger [] - [10 Best Benefits for Military Members and Their Families]( - [4 Ways You Can Take Advantage of a Down Market]( - [Finding Peace of Mind With Your Retirement Income]( - [The Best Reward Cards for Students]( - [For trustworthy help to live a financially secure life, make more money, and keep more of the money you make, count on the time-tested wealth-building strategies in Kiplinger's Personal Finance magazine]( ABOUT KIPLINGER When we write about money, we get it right. So the decisions you make with your dollars are also right. Since 1920, Kiplinger has earned a reputation as a trusted provider of unbiased financial advice, objective business and economic forecasts, and practical help to millions of business professionals, investors, and individuals seeking to make more profitable decisions with their money. Our [flagship publications]( include Kiplinger’s Personal Finance magazine, The Kiplinger Letter, The Kiplinger Tax Letter, Kiplinger’s Retirement Report, and Kiplinger’s Investing for Income. All are regarded as the leading publications in their respective fields. Every day, millions of readers rely on our [free e-newsletters]( and [podcasts]( for help on everything from getting the best rate on a mortgage or car loan, to managing their businesses in an uncertain world, avoiding an IRS audit, building wealth for a secure retirement, or investing wisely in any kind of market. Now it’s your turn to reap all the rewards Kiplinger has to offer. Visit [Kiplinger.com](, your gateway to all of the above and much more. Check in any time for our latest advice on how to make more money, and keep more of the money you make. Stay right on the money, with Kiplinger. [Sign Up]( | [Print Publications]( | [Unsubscribe]( [Privacy Policy]( | [Cookies Policy]( | [Terms and Conditions]( CONTACT US: [FEEDBACK](concat('mailto:',$brief_feedback_email)) | [ADVERTISE]( Future US LLC © 1100 13th St. NW, Suite 1000, Washington, DC 20005