Finance
Government Shutdown Is Averted Just After Deadline As C...
Article by AP | Published 12/21/24 | Comments (0)
Facing a government shutdown deadline, the Senate rushed through final passage early Saturday of a bipartisan plan that would temporarily fu...
Read the Current Issue of Baltimore Jewish Home
Article by BJLife Newsroom | Published 12/19/24 | Comments (0)
Baltimore, MD - Dec. 19, 2024 - Read the Current Issue of Baltimore Jewish HomeClick on the graphic below. ...
Fed Cuts Rates By Quarter Point, Scales Back Cuts For 2...
Article by Yahoo Finance | Published 12/18/24 | Comments (0)
The Federal Reserve reduced interest rates by a quarter percentage point Wednesday and scaled back the number of cuts it expects to make next year. In a split ...
US Adds 227,000 Jobs In November, Rebounds From October...
Article by The Hill | Published 12/07/24 | Comments (0)
The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last m...
Consumer Prices Rise Signaling A Stall In Inflation...
Article by FOX45 | Published 11/27/24 | Comments (0)
Baltimore, MD - Nov. 27, 2024 - Inflation rose in October, with the Federal Reserve's preferred gauge showing a 2.3% increase from a year earlier, up...
Trump to Pick Howard Lutnick as Commerce Secretary
Article by WSJ | Published 11/19/24 | Comments (0)
Washington, DC - Nov. 19, 2024 - Donald Trump is expected to nominate veteran Wall Street financier Howard Lutnick to lead the Commerce Dep...
Dow Drops More Than 300 Points On Ukraine-Russia Tensio...
Article by CNBC | Published 11/19/24 | Comments (0)
Stocks fell Tuesday as investors fled to safety amid rising geopolitical tensions between Ukraine and Russia. The Dow Jones Industrial Average shed 3...
Musk’s Bold Plans For ‘Department Of Govern...
Article by The Hill | Published 11/14/24 | Comments (0)
Elon Musk and Vivek Ramaswamy are set to take the reins of the brand new “Department of Government Efficiency” (DOGE) under President-elect Trump — a...
US Economy Grew Faster Than Expected During The Second ...
Article by FOX Business | Published 11/13/24 | Comments (0)
The U.S. economy grew at a faster pace than expected at the beginning of 2024 as consumers continued to open their wallets despite ongoing inflation a...
Trump Announces Elon Musk, Vivek Ramaswamy To Lead New ...
Article by NY Post | Published 11/12/24 | Comments (0)
President-elect Donald Trump continued to fill his administration at breakneck speed Tuesday night, tapping SpaceX and Tesla CEO Elon Musk and biotech entrepren...
Bill Ackman Vows To Yank Hedge Fund From Amsterdam-base...
Article by NY Post | Published 11/09/24 | Comments (0)
Billionaire hedge funder Bill Ackman on Friday vowed to pull his Pershing Square firm from the Euronext stock exchange in Amsterdam after sick soccer thugs...
Dow Soars 1,500 Points To Record High In Best Day Since...
Article by CNBC | Published 11/06/24 | Comments (0)
Stocks rallied sharply on Wednesday, with major benchmarks hitting record highs, as Donald Trump won the 2024 presidential election. The Dow Jones Industr...
US Economy Grows At 2.8% Despite High Interest Rates
Article by AP | Published 10/30/24 | Comments (0)
Baltimore, MD - Oct. 30, 2024 - The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despi...
7-Eleven To Close Hundreds Of US Locations Before End O...
Article by WBAL | Published 10/14/24 | Comments (0)
7-Eleven will close more than 400 of its “underperforming stores” across the U.S. and Canada in an effort to reduce costs and bolster earnings before the en...
Bank Of America Experiencing Widespread Outage
Article by CTV | Published 10/02/24 | Comments (0)
Charlotte, N.C. - Oct. 2, 2024 - Reports about a problem at Bank of America spiked around 12:45 pm ET on Downdetector, which collects data on outages...
Fed Slashes Interest Rates By A Half-Point
Article by CNBC | Published 09/18/24 | Comments (0)
The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark...
Kiryas Joel: Businessman Loses A Quarter Billion Dollar...
Article by Arutz-7 | Published 09/03/24 | Comments (0)
Last Friday the Satmar Hasidic sect celebrated 45 years since the passing of the Grand Rebbe, Rabbi Yoel Teitelbaum. As part of the anniversary ceremony held b...
Nonfarm Payroll Growth Revised Down By 818,000, Labor D...
Article by CNBC | Published 08/21/24 | Comments (0)
The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday. As par...
Annual Inflation Rate Slows To 2.9% In July, Lowest Sin...
Article by CNBC | Published 08/14/24 | Comments (0)
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest ...
Maryland Approves $1.5 Billion For Statewide Projects, ...
Article by FOX45 | Published 08/08/24 | Comments (0)
At the Board of Public Works meeting on Wednesday morning, Maryland leaders approved over $1.5 billion for 100 initiatives and projects throughout Maryland. An...
Dow Sinks 1,000 Points as Global Selloff Intensifies
Article by WSJ | Published 08/05/24 | Comments (0)
The unwinding of some of Wall Street’s most popular trades intensified Monday, sending Japanese stocks to their worst day since the 1987 market crash&nbs...
US Stocks Tumble As Part Of Global Market Sell-off
Article by FOX Business | Published 08/05/24 | Comments (0)
Stocks plunged on Monday as U.S. recession fears caused turmoil throughout the global markets. The Dow Jones Industrial Average tumbled 1,000 point...
Dow, S&P 500, Nasdaq Have Worst Session Since 2022
Article by CNBC | Published 08/02/24 | Comments (0)
Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The br...
Kamala Harris Points Finger At Former President Trump F...
Article by FOX News | Published 08/02/24 | Comments (0)
Vice President Kamala Harris’ campaign is blaming former President Trump for the latest negative jobs report — nearly a full term after he left of...
Delta CEO Says CrowdStrike Tech Outage Cost It $500 Mil...
Article by WSJ | Published 07/31/24 | Comments (0)
Delta Air Lines Chief Executive Ed Bastian said the carrier took a $500 million hit from the CrowdStrike CRWD -1.26%decrease; red down ...
Ditching The Gas Tax And Charging Per Mile; Maryland Te...
Article by WMAR2NEWS | Published 07/23/24 | Comments (0)
Baltimore, MD - July 23, 2024 - Faced with a $3.3 billion transportation budget shortfall, the Maryland Department of Transportation had to make tough fun...
US Appeals Court Blocks All Of Biden Student Debt Relie...
Article by Reuters | Published 07/18/24 | Comments (0)
A federal appeals court on Thursday blocked President Joe Biden's administration from continuing to implement a new student debt relief plan designed to...
Prices Fell In June For First Time Since Pandemic
Article by The Hill | Published 07/11/24 | Comments (0)
The consumer price index (CPI) dipped to a 3-percent annual increase in June, down from 3.3 in May with the first month of price declines since the pandemic, th...
Saks Owner to Buy Neiman Marcus—With Help From Am...
Article by WSJ | Published 07/03/24 | Comments (0)
The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival Neiman Marcus, according to people familiar with the matter, creating a powerhouse in l...
Maryland Announces Student-loan Debt Tax Relief Credit
Article by WMAR2NEWS | Published 06/29/24 | Comments (0)
Baltimore, MD - June 29, 2024 - Get a tax credit to help pay off your student loans. On Monday, you can apply for Maryland's student loan debt relie...
Baltimore City Council passes budget, which includes un...
Article by WBAL | Published 06/18/24 | Comments (0)
The Baltimore City Council on Monday passed next fiscal year’s budget, which included an unchanged annual property tax rate. Outside the chambers, group...
Baltimore Secures $45 Million Settlement In Opioid Liti...
Article by FOX45 | Published 06/10/24 | Comments (0)
Baltimore, MD - June 10, 2024 - On Monday, the City of Baltimore announced they reached a $45 million settlement with Allergan Finance, LLC to resolve the...
The U.S. Adds 272,000 Jobs In May, Far Exceeding Expect...
Article by The Hill | Published 06/07/24 | Comments (0)
The U.S. economy added 272,000 jobs in May, and the unemployment rate ticked slightly up to 4 percent, according to new Labor Department data released Friday. ...
Target To Lower Prices On Thousands Of Items As Inflati...
Article by WBAL | Published 05/20/24 | Comments (0)
Target plans to cut prices on thousands of consumer basics this summer, from diapers to milk, as inflation cuts into household budgets and more Americans pay cl...
Dow Jones Industrial Average Tops 40000 for the First T...
Article by WSJ | Published 05/16/24 | Comments (0)
The Dow Jones Industrial Average crossed 40000 for the first time, a milestone that appeared implausible little more than two years ago when the Federal Reserve...
Inflation Falls In April To 3.4 Percent, Reverses Trend
Article by The Hill | Published 05/15/24 | Comments (0)
Inflation slowed in April after several months of faster-than-expected price increases, according to data released Wednesday by the Labor Department. The consu...
US Consumer Prices Heat Up In March; Seen Delaying Fed ...
Article by Reuters | Published 04/11/24 | Comments (0)
U.S. consumer prices increased more than expected in March as Americans continued to pay more for gasoline and rental housing, leading financial markets to anti...
Trump Unable To Finance An Appeal Bond For At Least $45...
Article by Washington Post | Published 03/18/24 | Comments (0)
Donald Trump has been unable to finance an appeal bond for at least $450 million to cover a judgment in the New York attorney general’s busines...
Dollar Tree Plans To Close 1,000 Stores
Article by The Hill | Published 03/13/24 | Comments (0)
Dollar Tree will close 1,000 Family Dollar and Dollar Tree stores, the retailer announced Wednesday. “During the fourth quarter of fiscal 2023, the Company a...
US Economy Adds 275,000 Jobs In February, Unemployment ...
Article by FOX Business | Published 03/08/24 | Comments (0)
U.S. employers added 275,000 jobs in February and the unemployment rate ticked higher, the Labor Department reported on Friday. Economists surveyed by LSEG e...
Congress Passes Bill to Avert Government Shutdown
Article by WSJ | Published 02/29/24 | Comments (0)
Congress approved a temporary spending bill to prevent a partial government shutdown this weekend, with Speaker Mike Johnson (R., La.) force...
Trump Said He Had $400M In Cash. Now His Lawyers Say Bo...
Article by Washington Post | Published 02/29/24 | Comments (0)
Two weeks ago, a New York judge ordered Donald Trump to pay a huge penalty of $355 million plus interest — a grand total of more than $450 million ...
Grocery Store Mega-Merger Will Drive MD Food Prices Up:...
Article by Pikesville Patch | Published 02/27/24 | Comments (0)
The Federal Trade Commission on Monday sued to block the merger of two giant supermarket chains — Kroger and Albertsons Companies Inc. And Maryland's t...
Dow Tumbles 500 Points, Posts Worst Day Since March 202...
Article by CNBC | Published 02/13/24 | Comments (0)
Stocks dropped on Tuesday after hotter-than-expected inflation data for January spiked Treasury yields and raised doubts that the Federal Reserve would be able ...
Dow Plunge Accelerates, On Pace For Worst Day Of 2024
Article by FOX Business | Published 02/13/24 | Comments (0)
U.S. stocks tumbled in a broad sell-off after a hotter-than-expected inflation report may jeopardize the Federal Reserve’s plan to cut interest rates. The&...
Inflation Rises Faster Than Expected In January As High...
Article by FOX Business | Published 02/13/24 | Comments (0)
Inflation rose more than expected in January thanks to a jump in grocery and housing costs, underscoring the challenge of taming price pressures within the econ...
US Job Growth Unexpectedly Jumps As Economy Adds 353,00...
Article by CNBC | Published 02/02/24 | Comments (0)
Job growth posted a surprise increase in January, demonstrating again that the U.S. labor market is solid and poised to support broader economic growth. Nonfar...
UPS To Send Some Workers Packing
Article by WMAR2NEWS | Published 01/31/24 | Comments (0)
Baltimore, MD - Jan. 31, 2024 - (WMAR2News) United Parcel Service (UPS) is planning to lay off workers, including some of the over 800 employees at the Halethor...
Private Sector Job Growth Cools Sharply In January To 1...
Article by FOX Business | Published 01/31/24 | Comments (0)
Hiring by U.S. companies slowed more than expected than expected in January, a possible sign the labor market is finally slowing in the face of higher interest ...
Congressional Leaders Reach Deal To Avert Government Sh...
Article by The Hill | Published 01/13/24 | Comments (0)
Congressional leaders have reached a deal to avert a government shutdown next week, landing on a two-step stopgap bill that will keep the lights on in Washingto...
North Carolina Latest To Withdraw Retirement Funds From...
Article by FOX Business | Published 01/11/24 | Comments (0)
North Carolina closed out last year by becoming the most recent state to divest its public employee pension from the corporate parent of Ben & Jerry’...
Inflation Picked Up to 3.4% in December
Article by WSJ | Published 01/11/24 | Comments (0)
Inflation firmed up at year’s end, after the pace of price gains fell by nearly half in 2023. The consumer-price index climbed 0.3% in December fro...
New York AG Asks Judge To Force Trump To Pay $370M In F...
Article by The Hill | Published 01/05/24 | Comments (0)
Former President Trump, his business and several top executives — including his adult sons — used “myriad deceptive schemes” to falsely inflate his net ...
Inflation Rises 0.1% In November, Slightly More Than Ex...
Article by FOX Business | Published 12/12/23 | Comments (0)
Inflation continued to moderate in November as a steep drop in gasoline prices helped to offset increases in the cost of housing, medical care and transportatio...
US Economy Adds 199,000 Jobs In November, Unemployment ...
Article by FOX Business | Published 12/08/23 | Comments (0)
Employers added 199,000 jobs in November, the Labor Department said in its monthly payroll report released Friday, beating the 180,000 jobs forecast by Refiniti...
Sam Bankman-Fried Found Guilty On All Counts At Fraud T...
Article by NB News | Published 11/02/23 | Comments (0)
A jury has found Sam Bankman-Fried Thursday guilty on all counts in the fraud trial against the former crypto billionaire. CNBC reported at around 4:55 p....
Facebook, Instagram Launch Paid Monthly Subscription
Article by JPost | Published 11/01/23 | Comments (0)
Facebook made an official announcement on Monday about the introduction of an ad-free subscription starting in November. Priced at 9.99 euros per mon...
Biden Cancels $9 Billion In Student Debt For 125,000 Bo...
Article by CNBC | Published 10/04/23 | Comments (0)
President Joe Biden announced Wednesday that he approved $9 billion in student loan forgiveness for 125,000 Americans. The relief is a resu...
After 3 Years, Student Loan Payments Are Back
Article by The Hill | Published 10/01/23 | Comments (0)
Student loan payments officially resume Sunday after borrowers were let off the hook for more than three years by a pause initiated during the economic turmoil ...
Amazon Sued By FTC And 17 States Over Allegations It In...
Article by AP | Published 09/26/23 | Comments (0)
U.S. regulators and 17 states are suing Amazon over allegations the e-commerce behemoth abuses its position in the marketplace to inflate prices on and off its ...
Congress Says Its Wants To Avoid A Shutdown. But The Ho...
Article by AP | Published 09/26/23 | Comments (0)
The Congress is starkly divided over very different paths to preventing a federal shutdown — the Senate charging ahead with a bipartisan package to ...
Judge Rules Donald Trump Defrauded Banks, Insurers Whil...
Article by AP | Published 09/26/23 | Comments (0)
A judge ruled Tuesday that Donald Trump committed fraud for years while building the real estate empire that catapulted him to fame and the White House. Judge ...
Biden Administration Makes Move To Strike Medical Bills...
Article by TND | Published 09/22/23 | Comments (0)
The Biden administration wants to stop medical debt from hurting Americans’ credit scores. The Consumer Financial Protection Bureau announced this week that ...
New Jersey's American Dream Megamall Losses Quadru...
Article by Bloomberg | Published 09/19/23 | Comments (0)
American Dream, the megamall in New Jersey’s Meadowlands, has seen its losses increase fourfold in one year, according to a draft securities filing. The 3.5-...
August Core Inflation, Excluding Food And Energy, Rose ...
Article by CNBC | Published 09/13/23 | Comments (0)
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. The consumer price i...
New York City to Cut Overtime Pay for NYPD, Other Depar...
Article by National Review | Published 09/11/23 | Comments (0)
New York City will cut overtime pay for its police officers and three other agencies to help reduce costs driven by the city’s unprecedented migrant cris...
Rising Concerns Over AI-Enabled Scams Targeting Social ...
Article by WMAR2NEWS | Published 09/05/23 | Comments (0)
Baltimore, MD - Sept. 5, 2023 - Artificial intelligence can automate tasks and increase efficiency, but a government agency has seen it used in scams. Th...
U.S. Economy Gains 187,000 Jobs in August as Unemployme...
Article by FOX Business | Published 09/01/23 | Comments (0)
U.S. job growth continued at a moderate pace in August while the unemployment rate unexpectedly jumped, a sign the labor market is finally cooling in the face o...
Average Long-Term US Mortgage Rate Jumps To 7.23% This ...
Article by AP | Published 08/25/23 | Comments (0)
The average long-term U.S. mortgage rate climbed further above 7% this week to its highest level since 2001, another blow to prospective homebuyers grappling wi...
UPS Workers Approve Massive New Labor Deal With Big Rai...
Article by CNBC | Published 08/22/23 | Comments (0)
UP workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brothe...
Unclaimed Tax Credits in Maryland: Thousands May Miss O...
Article by WMAR2NEWS | Published 08/22/23 | Comments (0)
Thousands of people may be eligible for significant tax savings, and don't even know it. The Maryland Department of Assessments and Taxation (SDAT) is mai...
BOOST Scholarship Program Faces Funds Depletion Amid Su...
Article by FOX45 | Published 08/21/23 | Comments (0)
The state’s scholarship fund to help lower-income families utilize non-public schools will be depleted before new students receive a boost, according to the b...
Shekel Drops To 3.8 Against The Dollar, Its Lowest Sinc...
Article by Times of Israel | Published 08/21/23 | Comments (0)
The Israeli shekel took a further tumble to 3.8039 against the US dollar on Monday, its lowest rate since 2017. The shekel has lost two percent against the dol...
Maryland Achieves Record Low Unemployment Rate of 1.8% ...
Article by WMAR2NEWS | Published 08/18/23 | Comments (0)
Baltimore, MD - Aug. 18, 2023 - Maryland's unemployment rate hit a record low of 1.8% in July, with the state adding 2,000 jobs, primarily in the Ot...
US 30-year Fixed Mortgage Rate Jumps To Near 21-1/2-yea...
Article by Reuters | Published 08/17/23 | Comments (0)
U.S. mortgage rates surged this week, with the popular 30-year fixed rate hitting the highest level in more than 21 years, further complicating the housing mark...
Fitch Warns It May Be Forced To Downgrade Dozens Of Ban...
Article by CNBC | Published 08/15/23 | Comments (0)
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the risk of sweeping rat...
Shekel Slides To Lowest Rate In Three Years Against US ...
Article by Times of Israel | Published 08/15/23 | Comments (0)
The shekel continued to slide against the US dollar on Tuesday, trading at NIS 3.763, its lowest rate since March 2020. At one point, the shekel reached NIS 3....
Fitch Affirms Israel At 'A+'; Outlook Stable
Article by Arutz-7 | Published 08/14/23 | Comments (0)
Israeli Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich (Religious Zionism) on Monday issued a joint statement on Israel's credit r...
Israel Unemployment Falls To Pre-Pandemic Low
Article by i24 | Published 08/14/23 | Comments (0)
The employment rate and the percentage of labor force participation also fell slightly in July compared with June Israel's unemployment rate has fallen ...
Shop Maryland Tax-Free Week Returns
Article by FOX45 | Published 08/13/23 | Comments (0)
Baltimore, MD - Aug. 4, 2023 - The second Sunday of August to the following Saturday is designated as Shop Maryland Tax-Free Week each year. That means qu...
US Banking Industry Grapples With Credit Rating Cuts An...
Article by FOX45 | Published 08/09/23 | Comments (0)
It's tough times for the banking industry as more institutions face downgrades and credit rating costs just as consumer debt is climbing and credit card ba...
After 99 Years, Trucker Yellow Files for Bankruptcy
Article by WSJ | Published 08/07/23 | Comments (0)
Yellow, the 99-year-old trucking company, filed for bankruptcy and is closing the business, falling victim to mounting debt including a government loan and a st...
Economy Adds 187,000 Jobs In July, A Sign The Fed'...
Article by FOX Business | Published 08/04/23 | Comments (0)
U.S. employers added 187,000 jobs during the month of July, less than the 200,000 economists were expecting and below the 209,000 created in June. The ...
IRS Aims to Go Paperless by 2025
Article by Newsmax | Published 08/02/23 | Comments (0)
Most taxpayers will be able to digitally submit a slew of tax documents and other communications to the IRS next filing season as the agency aims to go compl...
Student Loan Borrowers Can Begin Applying For Lower Pay...
Article by Scripps News | Published 08/01/23 | Comments (0)
As federal student loan borrowers prepare for repayments to begin after a three-and-a-half-year hiatus, the federal government has launched a websitefor bo...
US Economy Unexpectedly Accelerated To a 2.4% Growth Ra...
Article by AP | Published 07/27/23 | Comments (0)
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher inte...
Joint Statement by Prime Minister Benjamin Netanyahu an...
Article by BJLife Israel Newsroom | Published 07/25/23 | Comments (0)
This is a momentary response; when the dust clears, it will be clear that the Israeli economy is very strong.The security industries are bursting with orders. T...
Rating Agencies Warn Against Israel Due To Reform Legis...
Article by Arutz-7 | Published 07/25/23 | Comments (0)
In the wake of the legislation regarding the reasonability standard, top US credit rating agencies have expressed their concern about the Israeli government...
Elon Musk Says Twitter Lost Nearly 50% Of Advertising R...
Article by i24 | Published 07/16/23 | Comments (0)
Policy changes introduced by Musk and technical failures are leading to users fleeing to other platforms Elon Musk said Saturday that Twitter has lost nearly...
Shekel Strengthens Against Dollar Despite Ongoing Judic...
Article by i24 | Published 07/13/23 | Comments (0)
Dollar rate falls by 1.2% against the shekel, trading around 3.62 Despite the legal reform and the protest, the shekel continues to strengthen against U.S. d...
US Economy Adds 209,000 Jobs In June, Lighter Than Esti...
Article by FOX Business | Published 07/07/23 | Comments (0)
U.S. employers added 209,000 jobs in June, the lowest number since 2020, but still a sign that the Federal Reserve will continue on its rate tightening cycle th...
Ohio Makes Every Student Eligible for a Voucher
Article by BJLife Newsroom | Published 07/06/23 | Comments (0)
Agudath Israel applauds the Ohio General Assembly and Governor Mike DeWine for making school choice universally available in the state budget that was signed ea...
Q1 GDP Revised Up to 2%; Unemployment Falls
Article by Newsmax | Published 06/29/23 | Comments (0)
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to continued labor market strength. Initial claims ...
Funding Still Available for Emergency Rental Assistance
Article by WMAR2NEWS | Published 06/16/23 | Comments (0)
Millions of dollars in funding through the Emergency Rental Assistance (ERA) is available and Baltimore City is urging residents who are struggling to pay rent ...
Biden Signs Debt Ceiling Bill, Averting Government Defa...
Article by Washington Post | Published 06/03/23 | Comments (0)
Two days before the Treasury Department estimated it would run out of money to pay the nation’s debts, President Biden signed into law today a bill that suspe...
Payrolls Rose 339,000 In May, Much Better Than Expected...
Article by CNBC | Published 06/02/23 | Comments (0)
The U.S. economy continued to crank out jobs in May, with nonfarm payrolls surging more than expected despite multiple headwinds, the Labor Department repo...
Senate Approves Bill To Avert National Default, Sending...
Article by The Hill | Published 06/01/23 | Comments (0)
The Senate on Thursday night capped four months of contentious debate and voted to send a compromise bill to President Biden’s desk that extends the governmen...
House Passes Bill To Raise Debt Ceiling
Article by The Hill | Published 05/31/23 | Comments (0)
The House on Wednesday night passed a bipartisan bill to suspend the debt ceiling, overcoming vocal opposition from conservative and liberal lawmakers and bring...
Mortgage Rates Rise As Debt Ceiling Standoff Drags On
Article by CNN | Published 05/30/23 | Comments (0)
Mortgage rates are beginning to feel the impact of the debt-ceiling standoff, jumping higher for the second week in a row amid the uncertainty. The 3...