Here are the top Wall Street headlines at midday:

Posted by Business Insider

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Screen Shot 2016-08-25 at 10.36.15 AMThere’s a simple reason the homeownership rate is at a historic low – One of the most trumpeted economic statistics over the past few months has been the 51-year low in the homeownership rate. 

KC FED PRESIDENT: It’s time for gradual rate hikes It is time for the Federal Reserve to raise US interest rates gradually, given progress on employment and inflation, Kansas City Fed PresidentEstherGeorgesaid in television interviews.

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….also don’t miss Michael’s Daily Comment: Hmmm…. Will I Eat, Or Pay Taxes