Business, Economy

“You’ll have almost zero competition to land a ‘highly paid’ job in these 10 cities”

“… Here are the cities with the least competition for highly paid jobs: … “The salaries of the high-paying jobs are relative to the median salaries in each state or city, so the competition rates are more reflective of a… Continue Reading…

Economy

“…Denver’s migrant crisis threatens to overwhelm its compassion”

“…After more than 40,000 migrants arrived Denver in less than a year, city officials are now struggling to help both the new arrivals and serve their taxpaying residents amidst skyrocketing rents and an ongoing housing shortage. A self-described sanctuary city, Denver has… Continue Reading…

Economy, Energy

“Amid explosive demand, America is running out of power”

“Vast swaths of the United States are at risk of running short of power as electricity-hungry data centers and clean-technology factories proliferate around the country, leaving utilities and regulators grasping for credible plans to expand the nation’s creaking power grid…”… Continue Reading…

Economy

“…Wharton professor sees $34 trillion debt triggering 2025 meltdown as mortgage rates spike above 7%: ‘It could derail the next administration’”

“…Gomes predicts America’s $34 trillion debt burden may upset the world’s financial markets as early as next year—should a president-elect announce a raft of expensive policies. And remember the UK’s mortgage meltdown following a disastrous premiership under Prime Minister Liz… Continue Reading…

Economy

“America’s $125 MILLION ‘guaranteed income’ giveaway: Huge rise in taxpayer-funded programs offering no-string handouts of up to $36,000 – including D.C. scheme used by mom to buy $6K luxury Miami vacation”

“Taxpayer-funded ‘guaranteed income’ programs that hand struggling families up to $36,000 with no strings attached are being rolled out across the country, DailyMail.com analysis reveals. The schemes, whose total value exceeds $125 million, have surged in popularity since the pandemic as… Continue Reading…

Real Estate

“Miami Pitches $2.5 Billion Bond to Stem Dire Housing Crisis”

“Miami-Dade County is seeking $2.5 billion to cope with one of the worst housing crises in the US. Mayor Daniella Levine Cava will propose the new, property tax-backed debt package to voters later this year, she said. The largest portion… Continue Reading…

Banking, Economy

“The U.S. national debt is rising by $1 trillion about every 100 days”

“The debt load of the U.S. is growing at a quicker clip in recent months, increasing about $1 trillion nearly every 100 days. The nation’s debt permanently crossed over to $34 trillion on Jan. 4, after briefly crossing the mark… Continue Reading…

Economy

“Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief”

“The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system, according to the head of the Internal Revenue Service…” https://www.cnbc.com/2024/02/22/tax-evasion-by-wealthiest-americans-tops-150-billion-a-year-irs.html… Continue Reading…

Economy

“Americans making student loan payments have up to 36% less saved for retirement”

“…In fact, employees with student loan payments who earn $55,000 a year or more and have been at their company for five years or less have average 401(k) balances 36% lower than those without payments, the EBRI found…” https://www.cnbc.com/2024/02/19/americans-making-student-loan-payments-have-up-to-36-percent-less-in-401ks.html College… Continue Reading…

Economy

“Retail sales tumbled 0.8% in January, much more than expected”

“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…