News
Tell us: How much inflation can your budget take?
8+ hour, 40+ min ago (143+ words) (CNN) " Sharply rising gas prices drove inflation to 3. 3% in March, the highest rate in nearly two years. Inflation is expected to accelerate in the coming months as aftershocks from the US-Israeli war with Iran spread beyond gas prices. Ripple effects…...
What a surprisingly strong March jobs report means in the face of war
1+ week, 1+ day ago (947+ words) (CNN) " The latest jobs report showed that the US economy likely added 178, 000 jobs in March, nearly triple expectations. The unemployment rate dipped to 4. 3%. Forecasts had it holding steady at 4. 4% or even rising to 4. 5%. Health care and social assistance was once…...
US mortgage rates climb for fifth-straight week, pushed up by Iran war worries
1+ week, 2+ day ago (477+ words) (CNN) " Average US mortgage rates climbed again for the fifth week in a row, making homebuying more expensive than it was just a few weeks ago, before the outbreak of war with Iran. The average 30-year fixed mortgage rate rose…...
It's been a volatile month on Wall Street
1+ week, 4+ day ago (458+ words) New York (CNN) " Wall Street entered the month of March trading just below record highs. But the war against Iran has rocked markets, sending the Dow and Nasdaq into correction territory and putting the S&P 500 on track for its…...
Stocks, bonds and gold slump while Iran war rages
3+ week, 23+ hour ago (568+ words) New York (CNN) " US stocks and bonds fell, oil prices rose and gold had its worst week in four decades as the Iran war continues to ripple through financial markets. The Russell 2000, an index of smaller companies more sensitive to…...
New UCSB report breaks down broad economic impact of local creative economy
3+ week, 2+ day ago (516+ words) SOUTH CENTRAL COAST REGION, Calif. (KEYT) " A new report from UC Santa Barbara puts a numerical value on the creative economy's impact on Santa Barbara and Ventura counties. The report, created by UC Santa Barbara's Economic Forecast Project, was co-commissioned…...
What to expect in Friday's jobs report
1+ mon, 6+ day ago (1124+ words) (CNN) " Economic uncertainty tied to President Donald Trump's signature trade policies has led many small businesses to lay off workers, delay expansion plans or scale back production. Valen Sil Technologies, for one, was growing at a pretty good clip heading…...
War with Iran means higher gas prices. How is that affecting your small business?
1+ mon, 1+ week ago (265+ words) (CNN) " Rising oil prices tied to the conflict in the Middle East could add another strain for US small businesses already struggling under the weight of stubborn inflation and President Donald Trump's hefty tariffs. Rising costs for goods, services and…...
US stocks recover, gold rises and oil surges as war with Iran spreads
1+ mon, 1+ week ago (954+ words) New York (CNN) " Oil prices surged, US stocks erased earlier losses and gold rose Monday as financial markets digested concerns about a broadening war with Iran. Investors are bracing for volatility in global energy markets as developments unfold in the…...
Secured vs. unsecured loans: Understanding the differences
4+ mon, 3+ week ago (981+ words) You've got options for pizza. Options for cell phone service. Options for shoes. And yes, options for loans. The thing is, the loan you choose will affect your life far more than whether you go for peppers or onions on…...