The Federal Reserve raised interest rates again on May 3, 2023, by a quarter point, making it the Fed’s 10th rate hike since March 2022 in an ongoing fight to tame inflation. These rate hikes have been reverberating through the economy, raising prospects of a recession amid heightened concerns about the fragile state of banks. […]
Here are some of the political events that will dominate headlines in 2022
Last year started out hopeful with the emergence of COVID-19 vaccines, but quickly proved to be a challenging year for governments and communities worldwide. Still in the midst of the pandemic, 2022 will bring about a host of significant political issues and events that will impact communities, both locally and globally. Here are some of […]
COVID-19 is prompting more people to head to trusted mainstream news sites for information — new research
More than a year after it began, the pandemic continues to cast a dark cloud over both public health and the economy. The news industry is no exception. Across the world, long-established news titles are being closed, and journalists are being laid off, as advertisers take fright in the face of a global economic downturn. […]
Americans are returning to the labor force at a quickening rate – do they just really need the work?
The U.S. economy surprised analysts by adding 467,000 jobs in January, overcoming omicron concerns and continuing a long streak of gains, the Bureau of Labor Statistics reported on Feb. 4, 2022. Yet at the same time, the unemployment rate ticked up a notch, from 3.9% to 4%. Confused? Shouldn’t a large increase in jobs drive […]