Economy
“Fed Maintains Status Quo on Rates as Inflation Slows
The Federal Reserve announced on Wednesday that interest rates would remain unchanged, albeit with a new layer of uncertainty due to cooling inflation. The Voice of America reported that, for the second time this year, the Federal Reserve decided to…
“Dow Soars 500+ Points to Record High, Breaks 37K Mark!
The Dow Jones Industrial Average closed above the emotionally significant 37000 mark for the first time ever on Wednesday, February 17th, 2021, sending the index to a new record high after a powerful rally. The Dow had opened at 35960.47…
Renters Rejoice: U.S. Rentals Getting More Affordable!
Rent prices across the United States have been notoriously high for years, causing many tenants to struggle to make ends meet and exacerbating an already-present housing affordability crisis. However, recent data suggests that there may finally be some relief in…
“Blue-Collar Buzz: Hot Hiring & Big Pay in a Cooling Job Market
The job market is cooling off globaly due to the pandemic, recession and economic downturn, but blue collar hiring and pay gains remain strong showing encouraging signs. The latest data on blue collar hiring reveals that it is proving to…
“Food Aid for Millions of Kids and Parents at Risk: Urgent Action Needed Now!
Millions of Families Could Be Denied Food Aid A recent report is warning that millions of parents and young kids could be denied food aid if the government fails to boost funding. Without additional funding, some 3 million Americans could…
“Americans Feeling Optimistic: Economy & Inflation on the Rise
As the American economy continues to recover from the effects of the coronavirus pandemic, US consumers are slowly starting to feel the impacts of the improving economy. In November 2020, the Reuters/University of Michigan consumer sentiment index showed that confidence…
“Unemployment Plunges to 3.7% – U.S. Adds 199k Jobs in November!
The U.S. Labor Department released the most recent jobs report this morning and there is good news to report. The U.S. added an impressive 199,000 jobs in November and the unemployment rate fell to 3.7%, its lowest level since 1969.…
“Revving Up Car Crash Concerns: Companies Forced To Reevaluate Stunt Driving Ads
With the number of car crash-related deaths on the rise, auto companies may have to reconsider their use of stunt driving and high-speed car chases in television commercials. Recent statistics from the National Highway Traffic Safety Administration (NHTSA) have revealed…
“Luxury Shopping Spree Gone Wild: Ex-Jags Employee on the Hook for $22 Million Theft!
An ex-employee has been charged with stealing 22 million dollars from the Jacksonville Jaguars and using the money to take an expensive shopping spree. Kashaun Alan Davis, who is a former employee of the Jaguars, is facing multiple criminal charges…
McDonald’s Pledges to Reach 9,000 Restaurants and 100 Million Loyalty Members by 2027
McDonald’s is one of the largest and most recognized fast food chains in the world. It has been thriving for more than 65 years and now looks to expand even further. The company has announced its plan to open close…