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Showing posts with the label economy-news

Fed’s Hammack says multiple rate hikes may be needed to tame inflation

Fed’s Hammack says multiple rate hikes may be needed to tame inflation Cleveland Federal Reserve President Beth Hammack on Monday said that she thinks there will be a need for more than one interest rate hike to prevent inflation from becoming more entrenched across the ... Read more: https://worldnewsguru.us/economy-news/feds-hammack-says-multiple-rate-hikes-may-be-needed-to-tame-inflation Originally published on World News Guru

Nearly 30,000 pounds of raw beef recalled over missed import inspection

Nearly 30,000 pounds of raw beef recalled over missed import inspection Nearly 30,000 pounds of imported raw beef from South America have been recalled in two states over the failure to reinspect the product after arriving in the U.S., according to the U.S. Department of ... Read more: https://worldnewsguru.us/economy-news/nearly-30000-pounds-of-raw-beef-recalled-over-missed-import-inspection Originally published on World News Guru

Wealthy Americans look to New Zealand as demand for 'golden visas' booms

Wealthy Americans look to New Zealand as demand for 'golden visas' booms Wealthy Americans are investing in New Zealand's "golden visas" as they look to relocate to the South Pacific nation.The Financial Times reported that over 700 wealthy foreigners have applied for New ... Read more: https://worldnewsguru.us/economy-news/wealthy-americans-look-to-new-zealand-as-demand-for-golden-visas-booms Originally published on World News Guru

Florida names NYC Mayor Zohran Mamdani 'Economic Developer of the Year' in Times Square campaign

Florida names NYC Mayor Zohran Mamdani 'Economic Developer of the Year' in Times Square campaign FIRST ON FOX: In the heart of Manhattan, at the corner of Broadway and West 43rd Street, a massive new billboard is sending a provocative message to New York leadership: "Thanks for the jobs!"As Ameri... Read more: https://worldnewsguru.us/economy-news/florida-names-nyc-mayor-zohran-mamdani-economic-developer-of-the-year-in-times-square-campaign Originally published on World News Guru

These are America's hottest housing markets – see which areas made the list

These are America's hottest housing markets – see which areas made the list America's hottest housing markets are all located in the Northeast and Midwest, according to a new ZIP code-level analysis of the most in-demand housing markets.Realtor.com released its hottest ZIP co... Read more: https://worldnewsguru.us/economy-news/these-are-americas-hottest-housing-markets-see-which-areas-made-the-list Originally published on World News Guru

Wendy's loses status as second-largest burger chain after 6-year run

Wendy's loses status as second-largest burger chain after 6-year run Wendy’s has lost its place as America’s runner-up to McDonald's, ending a six-year run as the second-largest burger chain, being surpassed by a resurgent Burger King.Burger King reclaimed the No. 2 po... Read more: https://worldnewsguru.us/economy-news/wendys-loses-status-as-secondlargest-burger-chain-after-6year-run Originally published on World News Guru

The $15 quick meal is disappearing except in these American cities

The $15 quick meal is disappearing except in these American cities For Americans looking for an affordable meal out, geography can make a big difference in what they pay for a cheeseburger, fries and a soda.A $15 bill is still enough to cover a cheeseburger, fries an... Read more: https://worldnewsguru.us/economy-news/the-15-quick-meal-is-disappearing-except-in-these-american-cities Originally published on World News Guru

Auto loan refinancing: How it works and when it could save you money

Auto loan refinancing: How it works and when it could save you money Household affordability challenges are leading some consumers to consider refinancing their auto loans to save money on monthly payments.Stephanie Roberts, director of auto products at PenFed Credit U... Read more: https://worldnewsguru.us/economy-news/auto-loan-refinancing-how-it-works-and-when-it-could-save-you-money Originally published on World News Guru

Recall issued for dog and horse medication after glass fiber found in vials

Recall issued for dog and horse medication after glass fiber found in vials A nationwide recall has been issued for dog and horse medication after glass fibers were found floating in injection vials.American Regent Inc. announced that select lots of Adequan Canine Injection a... Read more: https://worldnewsguru.us/economy-news/recall-issued-for-dog-and-horse-medication-after-glass-fiber-found-in-vials Originally published on World News Guru

Trump considering renewing push to fire Lisa Cook from Federal Reserve Board

Trump considering renewing push to fire Lisa Cook from Federal Reserve Board President Donald Trump is considering renewing his push to fire Federal Reserve Governor Lisa Cook over mortgage fraud allegations amid an ongoing legal debate over the president's ability to remove m... Read more: https://worldnewsguru.us/economy-news/trump-considering-renewing-push-to-fire-lisa-cook-from-federal-reserve-board Originally published on World News Guru

US economy unexpectedly shed jobs in July

US economy unexpectedly shed jobs in July This story about the July 2026 jobs report will be updated with further details.The U.S. economy unexpectedly shed jobs in July amid headwinds caused by elevated inflation and uncertainty over the Ira... Read more: https://worldnewsguru.us/economy-news/us-economy-unexpectedly-shed-jobs-in-july Originally published on World News Guru

Here's the income needed to afford the typical American home

Here's the income needed to afford the typical American home Housing affordability remains a concern for would-be homebuyers as the income needed to afford a typical U.S. home remains near historic highs and well above what most American households earn, though... Read more: https://worldnewsguru.us/economy-news/heres-the-income-needed-to-afford-the-typical-american-home Originally published on World News Guru

July layoffs drop to lowest level in 2 years, Challenger says

July layoffs drop to lowest level in 2 years, Challenger says Job cuts slowed in July as companies stepped up their hiring plans, while artificial intelligence (AI) continues to be cited as a leading reason for workforce reductions, new data shows.Companies anno... Read more: https://worldnewsguru.us/economy-news/july-layoffs-drop-to-lowest-level-in-2-years-challenger-says Originally published on World News Guru

Mortgage rates hit highest level in over a year

Mortgage rates hit highest level in over a year Mortgage rates rose this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed m... Read more: https://worldnewsguru.us/economy-news/mortgage-rates-hit-highest-level-in-over-a-year Originally published on World News Guru

Most Americans still trust financial advisors over AI tools for major money decisions, study finds

Most Americans still trust financial advisors over AI tools for major money decisions, study finds Investors are turning to artificial intelligence (AI) tools for guidance on their finances and investments, though they remain skeptical of its output and continue to lean on human advice ahead of key... Read more: https://worldnewsguru.us/economy-news/most-americans-still-trust-financial-advisors-over-ai-tools-for-major-money-decisions-study-finds Originally published on World News Guru

Recall issued for dog and horse medication after fiberglass found in vials

Recall issued for dog and horse medication after fiberglass found in vials A nationwide recall has been issued for dog and horse medication after fiberglass was found floating in injection vials.American Regent, Inc. announced that select lots of Adequan Canine Injection and... Read more: https://worldnewsguru.us/economy-news/recall-issued-for-dog-and-horse-medication-after-fiberglass-found-in-vials Originally published on World News Guru

Ken Griffin's NYC skyscraper moves forward despite feud with Mayor Zohran Mamdani

Ken Griffin's NYC skyscraper moves forward despite feud with Mayor Zohran Mamdani The development of a skyscraper in New York City that will house Ken Griffin's Citadel is moving forward despite his feud with New York City Mayor Zohran Mamdani.The skyscraper project at 350 Park Ave... Read more: https://worldnewsguru.us/economy-news/ken-griffins-nyc-skyscraper-moves-forward-despite-feud-with-mayor-zohran-mamdani Originally published on World News Guru

Fed's Kashkari says central bank should raise interest rates now to avoid 'entrenched inflation problem'

Fed's Kashkari says central bank should raise interest rates now to avoid 'entrenched inflation problem' Minneapolis Federal Reserve President Neel Kashkari on Wednesday outlined why he thinks the central bank should raise interest rates to curb persistent inflation and head off the need for more substan... Read more: https://worldnewsguru.us/economy-news/feds-kashkari-says-central-bank-should-raise-interest-rates-now-to-avoid-entrenched-inflation-proble Originally published on World News Guru

Private sector added 44,000 jobs in July, below expectations, ADP says

Private sector added 44,000 jobs in July, below expectations, ADP says Companies in the private sector added 44,000 jobs in July, payroll processing firm ADP said in its latest report on Wednesday.The figure is below economists’ estimates of a gain of 70,000 jobs and dow... Read more: https://worldnewsguru.us/economy-news/private-sector-added-44000-jobs-in-july-below-expectations-adp-says Originally published on World News Guru

Buc-ee’s sues Ohio mini-mart over beaver logo branding, alleging trademark infringement

Buc-ee’s sues Ohio mini-mart over beaver logo branding, alleging trademark infringement Buc-ee’s has sued a small mini-mart in Ohio, alleging its cartoon beaver logo is too similar to the popular Texas-based chain's iconic logo, adding to the various lawsuits the company has filed agains... Read more: https://worldnewsguru.us/economy-news/bucees-sues-ohio-minimart-over-beaver-logo-branding-alleging-trademark-infringement Originally published on World News Guru