by Joseph Lingad | Apr 10, 2023 | Economy, Featured, Inflation
Angelo Cabrera immigrated to New York City from Mexico in 1990 as an undocumented immigrant at 16 and immediately started working in bodegas throughout the city, so that he could send money to his family in Puebla, Mexico. When the pandemic started, Cabrera increased...
by Nicholas Morgan | Apr 1, 2023 | Economy, Featured, Manufacturing
Photo by Daniel Peinado via Pexels.com. Tucked away in a quiet corner of Des Moines County, the Iowa Army Ammunition Plant has seen its share of production highs and lows. Since it began operations in 1941, just as the United States was about to enter World War II,...
by Mariam Kiparoidze | Mar 22, 2023 | Economy, Featured, Millennials, Newest, Personal Income
Image via Pixabay Money was never discussed in Fernando’s family, when he was growing up and as an adult he never had to think about finances. So it was a surprise to find himself unable to pay his credit card debt at 26, when he had just quit his $45,000 job and...
by Joseph Lingad | Mar 22, 2023 | Consumer Price Index, Economy, Featured
Despite robust economic data suggesting the Fed raise interest rates to taper inflation, the traditional banking sector is causing it to reconsider. Inflation modestly decelerated in February but the latest figures probably won’t dissuade the Federal Reserve Board...
by Divya Murthy | Mar 19, 2023 | Consumer Price Index, Economy, Featured, Retail Sales
A post-holiday hangover clouded retail sales last month as resilient but weary consumers corrected their outsize January spending, holiday discounts faded and an air of caution returned, heightened by still high prices and rising interest rates. Retail and food...
by Mrinalini Nayak | Mar 12, 2023 | Economy, Featured, Housing
Home prices continued to decline nationally in December, for the sixth month in a row, a sign that high mortgage rates are continuing to deter potential buyers. The seasonally adjusted S&P CoreLogic Case Shiller home price index declined by 0.3%, compared to last...
