General World News

Shrinkflation is happening across grocery stores — here are 14 of the most extreme examples, from toilet paper to candy bars

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Summary List Placement It’s not just you – some grocery products are getting smaller. Ingredients and manufacturing are getting more expensive thanks to inflation, and if they can’t cut costs, companies have two main choices – hiking up prices or making their products smaller. Many of these size changes are subtle, like making candy bars […]

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California lawmakers just approved the nation’s first guaranteed income program

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Summary List Placement In the first-of-its-kind state initiative, California just approved a program to distribute monthly checks to its residents, marking a step toward a universal basic income in the country. On Thursday, California’s state legislature unanimously passed a $35 million guaranteed income program funded by taxpayer dollars, in which residents can receive up to […]

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AOC vows progressives will ‘tank’ the bipartisan infrastructure bill if a reconciliation bill including more care-economy and climate change measures isn’t passed in tandem

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Summary List Placement After President Joe Biden reached an agreement with a bipartisan group of senators on an infrastructure plan, many Democrats criticized how the deal cut out many care-economy measures, like eldercare and affordable housing.  Rep. Alexandria Ocasio-Cortez of New York doubled down on those criticisms on Thursday, promising that progressives will “tank” the […]

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Public Has Their Say on World Emoji Day

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World Emoji Day, celebrating technology users’ favorite emoticons, is Saturday. Jeremy Burge, the founder of the icon reference site Emojipedia, created the holiday in 2014. The day is intended to celebrate the beloved icons that are increasingly used in online messaging. World Emoji Day organizers are asking the public to vote in the World Emoji […]

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Americans spent $621 billion at retail stores in June, a surprise increase from May

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Summary List Placement Americans spent $621.3 billion at retail stores and restaurants last month, according to the Census Bureau. That’s up 0.6% from the Bureau’s revised estimate of $617.9 billion in May. Economists expected a 0.4% decline over the month, according to Bloomberg. The US economy is mainly a consumer economy, with personal consumption amounting […]

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American Airlines is recalling 3,300 flight attendants from extended voluntary leave as it ramps up for a busy holiday season

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Summary List Placement American Airlines is canceling extended voluntary leave for about 3,300 of its flight attendants as it prepares for a surge in travel demand, which will last beyond the summer.  Returning cabin crews will restart flights in November and December, and two-thirds will need to be retrained, the airline told employees in a […]

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Freddie Mac now forecasts $3.9T in originations in 2021

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The low mortgage rates that propelled the housing market throughout the COVID-19 pandemic will rise later in the year, but they’ll do so gradually, Freddie Mac said Thursday in its quarterly outlook. That will give more homeowners a final opportunity to refinance their mortgages. The gradual rate climb has led Freddie’s economists to increase their […]

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Capital One Journey Student Credit Card review: Earn bonus cash back for paying your bill on time and build your credit history with no annual fee

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 Table of Contents: Masthead StickySummary List Placement Review: Is the Capital One Journey Student Credit Card the best card for you? If you’re studying for finals, applying for internships, and thinking about what you’ll do after graduation, you’re setting yourself up for success when you no longer call yourself a student. In addition to earning […]

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Mortgage credit drops to lowest level since September

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Mortgage credit availability dipped 8.5% in June to 118.8 — indicating that lending standards are tightening, per the Mortgage Bankers Association’s Mortgage Credit Availability Index. It’s the lowest MCAI level — which uses 100 as a benchmark — since September of 2020, and ends more than six months of increasing credit supply, according to Joel […]

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U.S. Department of Education Approves Massachusetts’ Plan for Use of American Rescue Plan Funds to Support K-12 Schools and Students, Distributes Remaining $611 Million

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On Wednesday, July 7, the U.S. Department of Education (Department) announced the approval of Massachusetts’ American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plans and distributed remaining ARP ESSER funds to them. details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: Website of U.S. Department of Education

General World News

Morty announces $25 million Series B funding

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Online mortgage marketplace Morty announced the close of a $25 million Series B financing round, pushing the total company valuation to $150 million. Morty’s marketplace has processed more than $500 million in loans in the past 12 months, and saw revenue grow 800% year over year. The company is currently licensed in 36 states and Washington D.C., […]

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3 reasons teens are cashing in on a hot jobs summer

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Summary List Placement This summer is looking a lot brighter for teen employment compared to last year. Pew Research noted that in 2020, teen summer employment “plunged to its lowest level since the Great Recession, erasing a decade’s worth of slow gains.” However, the employment-to-population ratio, or the share of teens who have a job, […]

General World News

U.S. Department of Education Approves South Dakota’s Plan for Use of American Rescue Plan Funds to Support K-12 Schools and Students, Distributes Remaining $127 Million

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On Wednesday, July 7, the U.S. Department of Education (Department) announced the approval of South Dakota’s American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plans and distributed remaining ARP ESSER funds to them. South Dakota’s plan details how the state is using and plan to use ARP ESSER funds to re-engage students […]

General World News

U.S. Department of Education Approves Rhode Island’s Plan for Use of American Rescue Plan Funds to Support K-12 Schools and Students, Distributes Remaining $138 Million

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On Wednesday, July 7, the U.S. Department of Education (Department) announced the approval of Rhode Island’s American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plans and distributed remaining ARP ESSER funds to them. Rhode Island’s plan details how the state is using and plan to use ARP ESSER funds to safely reopen […]

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Mortgage rates dip slightly to 2.88%

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The average 30-year fixed-rate mortgage fell two basis points from the week prior to 2.88%, according to mortgage rates data released Thursday by Freddie Mac‘s PMMS. According to Sam Khater, Freddie Mac’s chief economist, the decline provides modest relief to those who are looking to buy homes in a tough market, with scant inventory and […]

General World News

U.S. Department of Education Approves Ohio’s Plan for Use of American Rescue Plan Funds to Support K-12 Schools and Students, Distributes Remaining $1.4 Billion To State

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Today, the U.S. Department of Education (Department) announced the approval of Ohio’s American Rescue Plan Elementary and Secondary School Emergency Relief (ARP ESSER) plan and distributed remaining ARP ESSER funds to them. Ohio’s plan details how the state is using and plans to use ARP ESSER funds to safely reopen and sustain the safe operation […]

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The number of Americans filing for unemployment resumed its downward trend, falling to 360,000

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Summary List Placement Initial unemployment claims came in at 360,000 for the week ending July 10, below the previous week’s revised read of 386,000. That reading matched the consensus forecast among economists, according to Bloomberg.  The decline in the seasonally adjusted number resumes the overall downward trend of the volatile data series after an unexpected […]

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US Modeling Agency Steps Toward Diversity in Fashion

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Briana Mariah, founder of We Speak model agency, believes models should reflect the world, and her agency finds and promotes a unique and diverse group of people. Karina Bafradzhian reports from Washington D.C. Camera: David Gogokhia details ⇒ BusinessMediaguide.Com portal received this content from this noted web source: VOANews.Com

General World News

Federer Memorabilia Net $4.7 Million at Auction

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Roger Federer may have seen his dreams of Olympic gold dashed this week, but he can celebrate that t-shirts, racquets, and shoes from his trophy-laden tennis career proved a treasure trove at auction.  The sports legend saw every single item that went under the hammer at a two-phased Christie’s auction sold, raking in $4.7 million.    […]

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Shareholder suit accuses Rocket of deceptive disclosures

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A shareholder sued Rocket Mortgage, the Detroit-based mortgage behemoth, for allegedly making misleading disclosures to conceal adverse market conditions. The class action-seeking lawsuit, which was filed in the Eastern District Of Michigan’s Southern Division, alleges that Rocket was aware of factors that were already taking a toll on its business, while touting its future performance […]

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From sausage to sewing machines, here are the everyday products and services that have gone up the most in price since last year

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Summary List Placement Consumer prices are rising, ticking up by 0.9% last month. That’s the largest increase in more than a decade, according to the latest US government figures. But that figure is just a summary of the overall price picture for American households — the important stuff is in the details. To see how […]

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As a teacher, the Republican Florida law requiring students and staff to expose their political beliefs is a gross government overreach

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Summary List Placement “Tell us your political beliefs or else.” This is what will be required of Florida’s public university students and faculty under a new law. Recently, the Republican Florida Legislature passed SB 233, which mandates the State Board of Education to conduct an annual survey of the “intellectual freedom and viewpoint diversity” on […]

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Parents are gearing up to spend big on back-to-school stuff, boosted by pandemic savings and the new child tax credit payments

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Summary List Placement As the school year approaches, some children will say goodbye to virtual learning and hello to a lot of new back-to-school clothes, shoes, and other items needed for in-person learning. A recent Deloitte report found parents are gearing up to spend more on back-to-school shopping than in 2019, and that they are […]

General World News

Say goodbye to hotel turndown and these other services people simply don’t want to pay for anymore

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Summary List Placement For Americans, early July marks Independence Day. This year, it also marks independence for hospitality workers. A record number of hospitality workers are simply quitting their jobs with no intention of ever going back, declaring a certain kind of independence. And those still on the job just gained independence from daily housekeeping as […]

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Mortgage applications jump 16%

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After several consecutive weeks of drops, mortgage applications jumped 16% for the week ending July 9, 2021, according to the latest report from the Mortgage Bankers Association. The prior week‘s report showed a 1.8% drop in applications to the lowest level since January 2020. The sudden increase in applications was driven “heavily” by increased refinancing as […]

General World News

Business, Not Pleasure, the Focus for Tokyo-bound Athletes

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In less than two weeks, Courtney Frerichs will face off in Tokyo against some of the world’s fastest runners. But like every elite athlete preparing for the Summer Olympics, her focus is not only on preparing to compete.  Frerichs, a middle-distance runner from the United States, is also using the final days of her training to make sure she complies with the elaborate set […]

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Senate Democrats reach deal on $3.5 trillion reconciliation package

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Summary List Placement Senate Democrats on Tuesday announced they struck a deal on a $3.5 trillion price tag for a Democrat-only infrastructure package that will expand Medicare and strengthen social safety net programs — and skirt Republicans staunchly opposed to more federal spending. Combined with a $579 billion bipartisan infrastructure deal, the party-line agreement would […]

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Compass is Guaranteed Rate’s latest dance partner

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Guaranteed Rate has found another dance partner. And Compass is borrowing from the playbook of its most visible direct competitor. Guaranteed Rate, the Chicago-based mortgage lender, and Compass, the New York City-headquartered residential real estate brokerage, “entered into a definitive agreement to form OriginPoint, a new mortgage origination company,” according to a press release Tuesday. […]

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Joe Manchin doubles down on refusing to add to the deficit to fund a Democrat-only infrastructure plan

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Summary List Placement Sen. Joe Manchin is ruling out borrowing money to finance a party-line infrastructure package as Senate Democrats deliberate the range of tax increases that would be needed to pay for President Joe Biden’s agenda. ‘I think everything should be paid for now,” he told reporters. “I think we’ve put enough free money […]