by Evelin Fajardo-Alvarez | Feb 19, 2024 | Economy, Featured, Retail Sales
Retail sales tumbled more than expected in January as a result of colder than expected winter weather and the sharp decline in gasoline prices. Advanced Monthly sales for retail and food services declined 0.8%, the U.S. Department of Commerce reported Thursday, much...
by Diana Escamilla Fuentes | Feb 13, 2024 | Featured, International Trade
The U.S. trade deficit increased in December proving that the U.S. economy, especially consumer spending, remains strong. The trade deficit for goods and services in December grew to $62.2 billion, increasing by $0.3 billion over the revised November figure of $61.9...
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...