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Economy

“29% of households… ‘one emergency from poverty,’ one expert says”

“Over time, higher costs [Inflation] and sluggish wage growth have left more Americans financially vulnerable, with many known as “ALICEs.” Nearly 40 million families, or 29% of the population, fall in the category of ALICE — Asset Limited, Income Constrained, Employed — according to United… Continue Reading…

Real Estate

“U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says”

“…Home prices in the 20 major U.S. metro markets were up 3.9% in the past 12 months ending in September. The August report saw a 2.5% rise in home prices year-over-year. A broader measure of home prices, the national index,… Continue Reading…

Business

“Bill Gates buying up land, threatening small farms under guise of saving planet, author claims”

“A new book aimed at “exposing the billionaire class” says Microsoft co-founder Bill Gates’ investments in patented fertilizers, fake meat and U.S. farmland aren’t saving the planet but rather enriching his bank account… Author and investigative journalist Seamus Bruner — who led… Continue Reading…

Economy

“Jobless claims: Another 861,000 Americans filed new unemployment claims”

“The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended February 13: 861,000 vs.… Continue Reading…

Economy

“Jobless claims: Another 793,000 Americans filed new unemployment claims last week”

“The Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results from the report, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Feb. 6: 793,000… Continue Reading…

Stocks

“Jobless claims: Another 965,000 Americans filed new unemployment claims last week”

“The U.S. Department of Labor released its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here were the main results in the report, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan.… Continue Reading…

Economy

“First-time jobless claims fall below 1 million for the first time since March”

“Another 963,000 Americans filed for regularfirst-time unemployment benefits last week on a seasonally adjusted basis — the first time in five months that number has dipped below 1 million, the Department of Labor said Thursday. It was the lowest number of weekly… Continue Reading…

Economy

“U.S. weekly jobless claims rise for a second straight week, total 1.434 million”

“The number of Americans who filed new claims for unemployment benefits last week totaled 1.434 million, the Labor Department reported Thursday, roughly in line with expectations, as the coronavirus pandemic continues to ravage the U.S. economy.  It was the 19th straight… Continue Reading…

Economy

“Weekly claims turn higher… jobs crisis inflicts more damage”

“The number of Americans who filed for unemployment benefits rose more than expected last week… The Labor Department said Thursday initial jobless claims came in at 1.416 million for the week ending July 18. Economists polled by Dow Jones expected… Continue Reading…