Buck Bully
Business Articles
[Business Insider] As of June 19th, a dozen states have prematurely ended their federal unemployment benefits. Those $300 weekly benefits weren’t set to expire until September, but 25 GOP-led states have opted out. Workers in Missouri and Alabama, two states where benefits ended, tell Insider they need assistance. Eight more […]
[CNBC, Twenty/20] Last month, the U.S. consumer price index, a survey of a variety of goods, rose 5% compared with a year ago. The gain was a bit more than anticipated and the largest increase since the summer of 2008, according to the Labor Department. That has Wall Street buzzing about what inflation means for […]
[Fortune, Getty Images] It’s Fed day, investors. Here’s what you’ll need to know. Good morning. Global stocks and U.S. futures are pretty steady ahead of today’s big Fed decision—or, more likely, lack of one. Either way, there will still be plenty of fireworks as Jerome Powell gets grilled on inflation, growth, the […]
[NBC NEWS, AP] Demand for online hiring services boomed during the COVID-19 pandemic and remains high amid a perceived worker shortage as the economy opens back up. A day after her interview for a part-time job at Target last year, Dana Anthony got an email informing her she didn’t make […]
[CNBC] Fears of inflation in the year ahead hit its highest level on record, according to a report by the Federal Reserve Bank of New York. When inflation rises, savers may consider alternatives for stashing cash. As the economy quickly picks up steam in the wake of the Covid pandemic, Americans […]
[MarketWatch, iStock] Some economists suggest the government may be misunderstanding the size of the problem Fast-rising housing costs have helped to push inflation to a 13-year high. But the way that government statisticians track the price of consumer goods may be missing just how explosive home-price growth has been in […]
[Business Insider, Getty Images] The retail sector is in the middle of a massive labor shortage. About 4 million workers in the US quit in April, a 20-year record, the Labor Department said. There were 9.3 million job vacancies at the end of April, another 20-year record. Job vacancies rose […]
[Yahoo! Finance, Shutterstock] The 559,000 jobs the U.S. added in May continue to puzzle economists, who predicted 675,000 additions for the month and 1 million additions a month earlier as the economy recovers. They’ve put forth explanations from lack of child care to persistent COVID-related safety concerns. Now, another culprit can be added to the list: […]
(Reuters) – A record-low percentage of U.S. consumers believe now is a good time to buy a home, with worries about surging prices and a small supply of houses on the market outweighing improved sentiment about their jobs and income, a survey from home financing giant Fannie Mae showed on […]
[CNBC, GETTY IMAGES] A year after many companies announced their summer 2021 building reopening dates, organizations across the country are now bringing their employees back to the office — with mixed results. Some employeeshave enjoyed the flexibility of working from home so much that one survey of 1,000 U.S. adults […]