News
Why Expanding Into California Isn’t So Simple | Laine Schoneberger
6+ hour, 38+ min ago (216+ words) Californians have heard plenty about businesses leaving the state. The other direction gets less attention: what it takes for a new business to come in. In regulated industries, entry requires licensing, and an application can remain pending for years without…...
What’s Holding Back Oil Prices Now? | Matt Smith
3+ hour, 10+ min ago (242+ words) The Strait of Hormuz has been severely disrupted for more than four months, and crude is still trading in the $80s. Meanwhile, diesel at the U.S. pump has passed $5 a gallon and has outpaced crude since the crisis began. If the world’s…...
US Consumer Sentiment Rebounds to 5-Month High: University of Michigan
22+ hour, 6+ min ago (592+ words) Easing gasoline costs bolstered U.S. consumer sentiment in July, but improving confidence may not persist as pump prices target $4 again. The University of Michigan's widely watched Consumer Sentiment Index surged 10 percent this month to 54.4, from 49.5 in June. July’s preliminary reading marked…...
Minimal Layoffs Send US Unemployment Claims to 10-Week Low
1+ day, 22+ hour ago (496+ words) A low number of layoffs is keeping the U.S. labor market steady this summer, the government reported on July 16. Initial jobless claims—the number of Americans filing applications for unemployment benefits—declined by 8,000 to 208,000 for the week ending July 11, according to…...
Project Legacy Gala Celebrates America 250, Highlights International Relations
2+ day, 7+ hour ago (127+ words) NTD News What would you like to watch today? Project Legacy Gala Celebrates America 250, Highlights International Relations Argentina Must Avoid Errors, Spain Should Stick to Its Game: Expert on World Cup Final Visor Founder and CEO on Taking Work Screens,…...
90 Percent of Homebuyers in America Are Overpaying for Their Mortgages: Analyst
2+ day, 18+ hour ago (114+ words) NTD News What would you like to watch today? 90 Percent of Homebuyers in America Are Overpaying for Their Mortgages: Analyst NTD Newsroom Full Broadcast (July 15) Bruce Blakeman Says NYC Owned Grocery is Unconstitutional Trade Fraud Task Force Reaches New Milestones…...
US Consumer Inflation Slows More Than Expected in June
4+ day, 4+ hour ago (274+ words) U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers. Prices dropped 0.4 percent in June from May, the largest monthly drop in four years, the Labor Department said Tuesday. On a…...
Social Security Cost-of-Living Adjustment Forecast to Increase for 2027
4+ day, 20+ hour ago (396+ words) A significant boost to Social Security payments has been forecasted for recipients in 2027. "The biggest surprise is how much the estimate has increased from earlier forecasts," DisabilityGuidance.org co-founder Jackson Ruggiero told NTD. "A 3.8 percent COLA would be one of…...
Businesses Still Plan Price Hikes to Recover Tariff Costs, New York Fed Says
1+ week, 2+ day ago (402+ words) Some businesses surveyed by the Federal Reserve Bank of New York still plan to raise prices to recover costs from tariffs, suggesting that some tariff-related price pressures have yet to reach consumers. Another 16 percent of service firms and 7 percent of…...
Some Fed Officials Think Higher Rates Warranted: Minutes
1+ week, 2+ day ago (566+ words) Almost all Federal Reserve officials agreed at the June policy meeting that some monetary policy tightening would be “warranted” to restore 2 percent inflation, according to minutes released on July 8. Participants discussed various economic scenarios amid an environment of stable employment…...