WASHINGTON (AP) – After Federal Reserve officials meet this week, a statement they will release could suggest they have seen meaningful progress in inflation this year – a prelude to eventual interest rate cuts. It’s hard to say, though, because the officials themselves may not know for sure until they begin their meeting. That’s because … Read more
It’s probably no surprise to you that, these days, the middle class, the backbone of the nation, is struggling. “Gas for air,” ace Newsweek put it Here is the original press release from the National True Cost of Living Coalition. “Middle class” is a rather vague concept – one definition is those whose income is … Read more
The delinquency rate of U.S. CMBS loans will rise more than expected this year and next, eclipsing the peak of the Global Financial Crisis in 2025, according to a new national bureau report. Fitch Ratings on Friday raised its U.S. office CMBS delinquency forecast to 8.4% for 2024 and 11% for 2025. The office delinquency … Read more
Corporate greed is not causing inflation, despite the claims of many on the political left who have failed to understand the fundamentals of economic supply and demand. “If you look at what people have, they have money to spend. It pisses them off and it pisses me off that you have to spend more. It … Read more
or Florida TaxWatch The report projects that the number of people moving to Florida will begin to slow by 2028. The government’s watchdog group is launching a new forecast of the state’s economic outlook. In the initial report in what will be regular quarterly forecasts, Florida TaxWatch said the state’s population will continue to grow. … Read more
Cape Town, South Africa.UCG Universal basic income has widespread support in South Africa. South Africa’s largest political party recently pledged to make it a reality. The country ranks as one of the worst countries in terms of income inequality. South Africa has some of the worst income inequality in the world. Its unemployment rate, meanwhile, … Read more
WASHINGTON (AP) – After Federal Reserve officials meet this week, a statement they will release could suggest they have seen meaningful progress in inflation this year – a prelude to eventual interest rate cuts. It’s hard to say, though, because the officials themselves may not know for sure until they begin their meeting. That’s because … Read more