social
Page: 6
Hello and welcome to AS USA’s live blog on finance and economic news. Earlier this week, the US Department of Housing and Urban Development reported that new permits for building houses have fallen by over twenty percent compared to April 2022. As interest rates have gone up, interest in constructing new housing units has slowed. […]
Hello and welcome to AS USA’s live blog on financial news. We will bring you the latest from Wall Street to Washington for all you need to know about interest rates, the debt ceiling negotiations, inflation, and Social Security. On Wednesday, the Bureau of Labor Statistics reported that inflation increased 0.4 percent in April, leading […]
With the odds of a U.S. debt default increasing, Social Security advocates warn beneficiaries they should be prepared in case their payments are interrupted. Negotiations around whether the nation’s ability to borrow money should be expanded have been ongoing, but Congress and the White House have yet to reach an agreement on the path forward. […]
Florida Gov. Ron DeSantis speaks during a news conference to sign several bills related to public education and teacher pay, in Miami, on May 9. Rebecca Blackwell/AP hide caption toggle caption Rebecca Blackwell/AP Florida Gov. Ron DeSantis speaks during a news conference to sign several bills related to public education and teacher pay, in Miami, […]
Florida has rejected dozens of social studies textbooks and worked with publishers to edit dozens more, the state’s education department announced on Tuesday, in the latest effort under Gov. Ron DeSantis to scrub textbooks of contested topics, especially surrounding contemporary issues of race and social justice. State officials originally rejected 82 out of 101 submitted […]
Headlines: Tuesday, 9 May 2023 – Wall Street starts week with mixed results, Nasdaq and S&P 500 tick up, Dow slides after stellar Friday close. – April 2023 inflation data due out on Wednesday – Binance cryptocurrency exchange paused Bitcoin withdrawals twice in 24 hours, digital coin drops – US economy added 253,000 jobs in April; […]
US government selloff of failed banks set expectations of sweeteners in future Three major regional US banks have failed in the span of six weeks requiring intervention from the Federal Deposit Insurance Corporation (FDIC). The sudden downfall of Silicon Valley Bank in mid-March pulled Signature Bank under at the same time and thrust the US […]
US government selloff of failed banks set expectations of sweeteners in future Three major regional US banks have failed in the span of six weeks requiring intervention from the Federal Deposit Insurance Corporation (FDIC). The sudden downfall of Silicon Valley Bank in mid-March pulled Signature Bank under at the same time and thrust the US […]
Dow posts biggest gain since January Stocks closed the week on a high note, with the Dow posting its biggest one-day percentage gain since Jan. 6. Shares of Apple surged more than 4% after upbeat results and jobs data pointed to a resilient labor market. Adding to the bullish momentum, regional bank shares rebounded from declines tied […]
How the U.S. economy is losing momentum John Kemp, a Reuters market analyst, has been assessing how, despite not exactly being in recession, the U.S. economy needs a careful eye… Like U.S. Supreme Court Justice Potter Stewart’s famously flexible definition of obscenity (“I know it when I see it”) recessions have proved notoriously difficult to […]