News
Fact Check Team: Rising financial anxiety reshaping Americans" biggest life decisions
4+ hour, 15+ min ago (289+ words) by MORGAN STEPHENS| Fact Check Team WASHINGTON (TNND) " A growing number of young Americans are questioning whether college is still worth the cost as affordability concerns and economic uncertainty continue to rise. The survey also found low enthusiasm toward college…...
Consumer sentiment hits record low under weight of higher gas prices, inflation worries
1+ week, 5+ day ago (954+ words) (TNND) " Consumer sentiment has cratered to its lowest level on record, as inflation-weary Americans are feeling additional stress from higher gas prices, the University of Michigan's nationwide survey showed Friday. The school's consumer sentiment tracking goes back to 1952, and its…...
Consumer sentiment takes a hit from Iran war, rising gas prices
1+ mon, 1+ week ago (768+ words) (TNND) " Consumer sentiment took a hit in March as the war with Iran fueled concerns over gas prices and other shocks to the economy. Sentiment fell back 6% this month to its lowest level since December, according to an update released…...
Oil spike complicates Fed's rate path forward with cuts less likely
1+ mon, 3+ week ago (722+ words) WASHINGTON (TNND) " Federal Reserve officials are widely expected to stand pat when they decide on interest rates Wednesday as the war in Iran complicates the inflation outlook and clouds the path forward. Officials were already facing a challenging backdrop for…...
Some Michigan businesses raise prices because of minimum wage and costs of ingredients
4+ mon, 4+ day ago (214+ words) FLINT, Mich. - Nineteen states, including Michigan, have increased their minimum wage, impacting over 8. 3 million workers nationwide, according to the Economic Policy Institute. In Michigan, the minimum wage rose to $13. 73 per hour, marking a 10% increase. While this benefits workers, businesses are…...