Summary List Placement Gas prices are expected to reach $3.25 by the end of August, according to AAA, which will mark a seven-year high as consumer demand skyrockets and the industry faces supply-chain bottlenecks and production cuts. The average fuel price in the US is currently $3.14, an eight-cent increase from last month and almost […]
Sellers, rejoice. Roughly 77% of respondents to Fannie Mae’s Home Purchase Sentiment Index (HPSI), a composite index designed to track the housing market and consumer confidence to sell or buy a home, said now is a good time to sell. That’s up from 67% the prior month. To boot, a reported 64% of survey respondents said it’s […]
Summary List Placement A new debate is unfolding as the economy settles into a post-pandemic normal. One side espouses centuries-old views of automation, arguing such innovation harms economies by erasing jobs. The other sees automation as a welcome boost to productivity that pays dividends for workers in the long run. Yet a new side has […]
Summary List Placement Job openings in the US edged higher in May as businesses continued to jostle over an unusually small supply of workers. Openings rose to a record-high 9.21 million from 9.19 million last month, according to Job Openings and Labor Turnover Survey, or JOLTS, data published Wednesday. That landed below the median estimate […]
Today, the U.S. Department of Education (Department) announced the approval of seven American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) state plans and distributed remaining ARP ESSER funds to those states. The state plans detail how states are using and plan to use ARP ESSER funds to safely reopen and sustain the safe operation of schools, and address the needs of students, […]
Mortgage applications decreased again, this time falling 1.8% in the week ending July 2, 2021, according to the latest report from the Mortgage Bankers Association. This marks the third straight week of application declines, and represents the lowest level since the January 2020. “Treasury yields have been volatile despite mostly positive economic news, including last week’s June jobs […]
Summary List Placement Skipping a brand-new car for one that’s lightly used has always been the most wallet-friendly way of going about things. Not anymore. In the strange and sometimes utterly backward-seeming times we’re living in, it’s actually cheaper to buy some cars new rather than second hand. A recent study from automotive research site […]
Bollywood icon Dilip Kumar, hailed as the “Tragedy King” and one of Hindi cinema’s greatest actors, died Wednesday in a Mumbai hospital after a prolonged illness. He was 98. The “Tragedy King” title came from Kumar’s numerous serious roles. In several, his character died as a frustrated lover and a drunkard. He also was known […]
At a workshop in Kullu district in North India, dozens of artisans bend over hand-operated looms, deftly weaving a garment called the sari in vibrant shades of pink and orange. The sari is an unstitched, flowing garment worn by women in India and in South Asian countries like Bangladesh. It is a new addition to […]
Britney Spears’ court-appointed attorney on Tuesday filed documents to resign from her conservatorship, the latest of several such moves that have come in the fallout from the pop singer’s comments in court decrying the legal arrangement that controls her money and affairs. Samuel Ingham III filed documents in Los Angeles Superior Court requesting that the […]
Summary List Placement House Speaker Nancy Pelosi slammed Senate Minority Leader Mitch McConnell for touting the benefits of the stimulus law for his home state of Kentucky. The $1.9 trillion coronavirus relief law cleared Congress in March without any Republican support. “Vote no and take the dough,” Pelosi wrote on Twitter. Vote no and take […]
Summary List Placement Emotional intelligence (EQ) can deeply enhance our personal and professional lives, helping us do everything from navigate complex social situations to manage relationships with people who are different from us. It’s no surprise then, that Developing Your Emotional Intelligence, an online course available through LinkedIn Learning, has garnered over 800,000 enrollments. […]
Summary List Placement Jobless workers in Ohio are the latest group to push back against Republican governors cutting off their federal benefits early — in court. Federal benefits in the state wound down on June 26, months ahead of their scheduled expiration in September. Now, a new lawsuit representing three Ohio workers claims that the […]
For the 18th straight week, servicers’ forbearance portfolio volume fell. It dropped four basis points to 3.87% last week, according to a survey from the Mortgage Bankers Association. The MBA estimates 1.9 million homeowners are still in some form of a forbearance plan. The share of Fannie Mae and Freddie Mac loans in forbearance also decreased three basis points to 1.99%, and Ginnie Mae loans decreased […]
Summary List Placement A new hire at the Education Department is another in the growing number of experts who have fought alongside Massachusetts Sen. Elizabeth Warren to reform the student-loan debt system. Toby Merrill, founder of the Project of Predatory Student Lending at the Legal Services Center of Harvard Law School, was hired as […]
Summary List Placement Stimulus checks remain popular with average Americans. Congress under both the Trump and Biden administrations issued three direct payments amounting to $3,200 for millions of Americans. However, a fourth round is unlikely to be sent anytime soon as the economy continues regaining jobs. No lawmaker in Congress has pitched a plan so […]
Summary List Placement Working Americans are enjoying the biggest pay boost in four decades. Experts don’t expect it to last long. Wage growth over the last three months hit an annualized rate of 6.6%, the strongest since the early 1980s. Job openings sit at record highs, and the number of job listings mentioning signing bonuses doubled […]
Summary List Placement President Biden has challenged all of us to think big and cast aside any doubts regarding what we’re truly capable of: “America has always been propelled into the future by landmark investments.” Under President Biden’s leadership, a bipartisan agreement has been reached to move part of the American Jobs Plan forward, a […]
Summary List Placement Regardless of what your July plans are, reading will likely fit right in, whether you’re bringing along a page-turner for the beach, stocking up on audiobooks for a trip, or diving into a new release in your backyard. Just as they do every month, Amazon’s book editors have developed a list […]
North India’s Kullu district is famed for its ancient tradition of spinning hand-woven stoles and shawls with designs that have been passed down for generations. Now artisans, many of them women, are learning to make another traditional Indian garment called the sari, under a program sponsored by the local government and private sector that aims […]
To help support the needs of students experiencing homelessness, the U.S. Department of Education (Department) today is inviting states to complete the application for their share of the second disbursement of $800 million in funding under the American Rescue Plan Act of 2021’s Homeless Children and Youth Fund (ARP-HCY). details ⇒ BusinessMediaguide.Com portal received this […]
The number of spectators at the opening ceremony of the Tokyo Olympics will be limited to a handful of VIP, or Very Important Persons dignitaries, and Olympic officials due to concerns over the rising number of new COVID-19 cases in the capital, according to a Japanese newspaper. A report in Tuesday’s edition of the Asahi Shimbun newspaper says the idea […]
“The Voice” coaches Gwen Stefani and Blake Shelton celebrated their nuptials over the Fourth of July holiday during a weekend wedding in Oklahoma. Shelton, a country singer, and Stefani, a pop star, posted photos on Monday of their wedding including an image of the couple posing over a twilight sky. A representative for Shelton did […]
Raffaella Carrà, for decades one of Italian television’s most beloved entertainers, a woman affectionately nicknamed the “queen of Italian TV,” died Monday at 78, Italian state TV quoted her family as saying. Rai state TV read a statement from the star’s family, announcing that she died in Rome after a long illness. No further details […]
Summary List Placement Class of 2021 computer science majors graduated at a strange time. Not only did the pandemic mark their senior year, but it’s permanently reshaping the tech industry and its job market. Many of the biggest companies are deciding not to send workers back to the office full-time and some have given up […]
Summary List Placement On June 15, player advocacy group Advocates for Minor Leaguers called out the Baltimore Orioles for their treatment of Double-A affiliate the Bowie Baysox. Baysox players, Advocates for Minor Leaguers tweeted, were “considering sleeping in their cars” because the team wouldn’t pay for housing and the cost of a hotel would come […]
Summary List Placement Republicans across the country have found a new boogeyman: critical race theory. State legislators in Texas, Iowa, Idaho, Tennessee, Florida and Oklahoma have tried to ban it in some way or another — mostly by controlling what teachers can and can’t say about America’s history with race in the classroom. They argue […]
Summary List Placement America may be running out of houses, but young adults are continuing to set their sights on homeownership. More than half of them (59%) said they plan to use their pandemic savings on a down payment for a home, according to a recent Zillow survey that polled over 1,200 millennials and Gen […]
This could be it for Caster Semenya and the Olympics. Forced out of her favorite race by World Athletics’ testosterone rules, the two-time Olympic champion in the 800 meters took a late shot at qualifying for Tokyo in the 5,000 meters, an event not affected by the hormone regulations. She came up short. Now […]
Summary List Placement Massive lay-offs, remote working, and caring responsibilities have forced thousands of Americans to consider switching their careers during the pandemic. Some were forced out of their roles because their employers downsized or even shut down during the pandemic. Others have been “rage quitting” in search of better pay and conditions. People were […]
Paris on Saturday was the only place to be for die-hard Jim Morrison fans. Fifty years after his death at age 27, rock music lovers from France and across the world came to the Pere-Lachaise cemetery in eastern Paris where The Doors’ frontman is buried. Many brought candles and pictures, and some burned incense sticks […]
Summary List Placement A Texas chicken chain with eight restaurants recently paid $118 for a single 50lb case of chicken — up from its pre-pandemic price of $55, its CEO told Insider. The US labor shortage is to blame for the spike in prices, according to Garrett Reed, who owns the Layne’s Chicken Fingers brand. […]
Summary List Placement Almost 3 million people have collectively signed online petitions calling for another round of US stimulus payments. “We need immediate checks and recurring payments so that we can keep our heads above water,” Stephanie Bonin, one of the larger petitions‘ creators told Newsweek. Bonin’s petition is called “$2000/month to every American #moneyforthepeople […]
Summary List Placement Maryland will continue to pay federal unemployment benefits for at least ten more days after a judge ruled against Governor Larry Hogan on Saturday. The benefits were set to end this weekend, but Circuit Judge Lawrence Fletcher-Hill issued a temporary restraining order requiring Maryland to continue administering the benefits, The Baltimore Sun […]
Summary List Placement Subway has accused a group of leading US pork producers of taking part in a long-running illegal conspiracy to fix wholesale prices. In a late-June lawsuit filed in US District Court in Connecticut, the chain said pork producers who control about 80% of the wholesale market in the US shared data that they […]
Summary List Placement June’s jobs report brought some surprisingly optimistic figures. The economy added 850,000 jobs, healthily beating expectations and signaling that recovery may be on the horizon. But, as with much of the pandemic recovery, the economic benefits are still uneven. For women and people of color, the unemployment situation is much more disparate […]
Summary List Placement Less than a decade ago, celebrity chef Guy Fieri was a joke. New York Times restaurant critic Pete Wells’s 2012 viral slam of Fieri’s Times Square restaurant beclowned Fieri with such casual brutality that it seemed the host of tv shows like “Diners, Drive-Ins, and Dives” would never fully rehabilitate his reputation. […]
Summary List Placement Amazon founder Jeff Bezos isn’t a fan of the phrase “work-life balance.” At an April 2018 event hosted by Insider’s parent company, Bezos said new Amazon employees shouldn’t view work and life as a balancing act. Instead, Bezos said that it’s more productive to view them as two integrated parts. “It actually is a […]
Summary List Placement Many US retail and service-industry jobs that went away during the pandemic weren’t expected to return, Commerce Secretary Gina Raimondo said. “The real issue, I think, is that a lot of the jobs that folks lost are the kinds of jobs — let’s say, for example, in retail or services industries — […]
Amateur or “ham” radio operators sometimes take their two-way radios to remote locations and talk to people around the world using battery power and portable antennas. As Mike O’Sullivan reports, they are making friends and preparing for emergencies. Camera: Mike O’Sullivan details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com
Summary List Placement While the June jobs report exceeded expectations, adding 850,000 payrolls, it also blew up a developing narrative that teenagers were helping solve the country’s labor shortage. According to Bureau of Labor Statistics data, teen unemployment rates in April and May were at 12.3% and 9.6%, respectively, signaling that in the spring, teenagers […]
Summary List Placement As the US continues to recover from job losses in 2020, some industries are still far below pre-pandemic employment. Notably, the motion-picture and sound-recording industry in June was around 34% below employment in February 2020. Based on the new employment figures released by the Bureau of Labor Statistics, the US saw its […]
Summary List Placement The Friday jobs report exceeded expectations by adding 850,000 payrolls, more than economists had estimated. President Joe Biden cited the data as proof that his efforts to revive the economy are working. When asked if he thinks Congress will enact his infrastructure plans, Biden said, “Look, all I know — only thing […]
Summary List Placement In Indiana, federal unemployment benefits ended early — until they didn’t. Biden’s Labor Secretary told Insider that he’s on the case. After the state’s announcement that the $300 weekly benefits would end on June 19, instead of the scheduled September end date for the program nationwide, impacted Hoosiers brought a lawsuit against […]
Summary List Placement The number of people with jobs might have increased in June, but remote work decreased, suggesting a possible end to what became the norm for working during the pandemic. The June jobs report went beyond expectations, adding 850,000 payrolls accompanied by higher wages, mainly in the leisure and hospitality sectors. But beyond […]