Economy - /contrib/economy

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Stimulus update: Here's who would get $100 when gas prices spike if new bill passes...
Congress is proposing a new gas stimulus giving individuals making $75,000 or less $100 when gas prices exceed $4 per gallon.
By Anonymous Submission on 2022-03-27 15:16 UTC
Consumer sentiment falls to new decade-long low as inflation fears soar...
Submitted to Category: /contrib/business/, /contrib/economy
University of Michigan's Survey of Consumers results for the end of March found that consumer sentiment fell to a new decade-long low as concerns about inflation worsen during Russia's invasion of Ukraine.
By Anonymous Submission on 2022-03-27 15:14 UTC
Housing market 'staring into face of perfect storm,' expert warns...
National Association of Home Builders CEO Jerry Howard warned consumers Friday that the housing market is currently "staring into the face of a perfect storm," and argued that this is a "bad sign" for the American economy.
By Anonymous Submission on 2022-03-26 02:27 UTC
Housing market: Pending home sales fall for fourth straight month...
Pending home sales, a leading indicator of the health of the housing market, declined for the fourth straight month.
By Anonymous Submission on 2022-03-26 02:27 UTC
57% of U.S. households paid no federal income tax last year as Covid took a toll, study says...
More than half of Americans paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report.
By Anonymous Submission on 2022-03-25 17:08 UTC
Record-high gas prices pose surprising new problems for consumers at pump...
With gas prices in the United States the highest they've been in 14 years, drivers are facing a new kind of pain at the pump: fueling limits that may deny them a full tank.
By Anonymous Submission on 2022-03-24 01:14 UTC
Stimulus checks for gas? Some lawmakers are pushing for it....
A trio of bills in Congress would offer stimulus payments and rebates to help Americans cope with soaring gas prices.
By Anonymous Submission on 2022-03-23 18:15 UTC
JPMorgan Chase CEO pushes Biden for domestic energy "Marshall Plan"...
JPMorgan Chase CEO Jamie Dimon told President Biden the White House needs to create a "Marshall Plan" to develop more domestic gas and other energy resources, Axios has learned. Why it matters: The Biden administration has been struggling to convi
By Anonymous Submission on 2022-03-23 02:01 UTC
Goldman Sachs now expects the Fed to hike 50 basis points in both May and June after Powell's tough talk...
Goldman Sachs now expects the Fed to hike interest rates by 50 basis points in both May and June. Fed Chair Jerome Powell said Monday the central bank is ready
By Anonymous Submission on 2022-03-23 02:00 UTC
Stocks Jump As Investors Prepare For Bigger Fed Rate Hikes To Fight Inflation...
"The odds of a 50 bps rate hike are rising," analysts say.
By Anonymous Submission on 2022-03-23 01:59 UTC
3 House Democrats unveil a plan to send $100 monthly gas checks to Americans and provide relief from rising prices...
Submitted to Category: /contrib/business/, /contrib/economy
A group of House Democrats introduced a plan for monthly gas checks to families. It would provide $100 for singles earning below $75,000 and $200 for couples
By Anonymous Submission on 2022-03-21 19:03 UTC
Inflation is getting worse for the goods and services Americans need the most...
At the grocery store and the hospital, the staples of life in the US are leaving Americans shelling out far more than they did before the pandemic.
By Anonymous Submission on 2022-03-19 12:55 UTC
Sales of U.S. Previously Owned Homes Decline to a Six-Month Low...
Sales of U.S. Previously Owned Homes Decline to a Six-Month Low
By Anonymous Submission on 2022-03-18 18:01 UTC
How high will gas prices go? Experts weigh in...
The worst is yet to come for American consumers, experts say, as gas prices hit a national average of $4.28 per gallon on Wednesday.
By Anonymous Submission on 2022-03-10 15:23 UTC
US Economy 2022: Why Low-Income Americans Are Worse Off Than The Pandemic Recession...
Submitted to Category: /contrib/business/, /contrib/economy
The U.S. economy is growing again. Jobs are plentiful.But the American income divide continues to grow. Low-income Americans are worse off than during the pandemic recession when it comes to the money they spend on basic goods and services. The spike in t
By Anonymous Submission on 2022-03-08 15:19 UTC
Banning Russia oil would hit US prices hard...
Political support for banning Russian energy imports is growing in both parties, and the White House said the topic is under discussion — though it said President Biden had not made a decision. | Local News from KRQE News 13 in Albuquerque, New Mexi
By Anonymous Submission on 2022-03-08 13:51 UTC
U.S. gas prices top $4 per gallon as Biden considers Russian oil ban...
Russia's invasion of Ukraine has roiled global oil and gas markets and helped drive the average price of a gallon of gas in the U.S. past the $4 per gallon mark for the first time since 2008. Utah's average price is currently $3.85 per gallon.
By Anonymous Submission on 2022-03-07 22:36 UTC
Russia warns West of $300 per barrel oil, cuts to EU gas supply...
Western countries could face oil prices of over $300 per barrel and the possible closure of the main Russia-Germany gas pipeline if governments follow through on threats to cut energy supplies from Russia, a senior minister said on Monday.
By Anonymous Submission on 2022-03-07 22:33 UTC
How high will gas prices go?: A look at Biden's options...
Submitted to Category: /contrib/US/, /contrib/economy, /contrib/gas
The president's options may be limited when it comes to a growing concern over recent spikes in the price of gas for Americans.
By Anonymous Submission on 2022-03-07 14:36 UTC
Blinken: US, Europe Mulling Bans on Russian Oil Imports...
The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional committees moving forward with their own ban.
By Anonymous Submission on 2022-03-07 05:28 UTC
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