Florida State

Miami-dade County, FL

Americans seeking relief from high borrowing rates might not have to wait much longer.

A big change could come to the US economy in September

Despite high inflation over the past few years, buying power has gone up because pay raises have more than kept up. Typical hourly pay goes farther now than it did before the pandemic, according to the latest data on wages and consumer prices. More members of the public say they're...

Believe It Or Not: Lower Inflation and Higher Wages Have Made Paychecks Go Further

Fortune

Former President Donald Trump has said that should he win a second term he would implement a 10% tariff on all foreign goods coming into the U.S. Stubbornly high inflation has been showing signs of abating in recent months, but one prominent research firm is betting it’s set to rise. And the reason? To paraphrase a Clinton-era political saying, it’s the election, stupid.

Inflation will go up regardless of who the next president is, but under Trump’s tariffs it would be higher for longer, Oxford Economics says

CBS News

Consumer prices are continuing to moderate, with June data showing U.S. inflation is once again cooling after unexpectedly high readings earlier this year. The new report could help bolster the case for an interest rate cut from the Federal Reserve in September.Consumer prices declined 0.1% in June from May, with inflation curtailed by lower gas prices and a smaller increase in costs at the grocery store. On an annual basis, inflation registered at 3.0%, down from 3.3% in May, indicating that inflation is cooling faster than expected, as economists polled by FactSet had forecasted an increase of 3.1%.The reading is...

In a boost for consumers, U.S. inflation is cooling fast

Washington, DC

Fox Business

Federal Reserve Chair Jerome Powell said Monday that policymakers will not wait until inflation falls to 2% before they pivot to cutting interest rates.

Fed's Powell says officials won't wait until inflation reaches 2% to cut rates

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

Pennsylvania State

Bucks County Beacon

With an assassination attempt on Donald Trump at a rally in Pennsylvania on July 13, 2024, the U.S. experienced another violent episode in its increasingly polarized politics. Former President Trump, who’s about to formally become the GOP nominee for president in the 2024 election, survived the attempted assassination when, initial reports said, a bullet grazed his ear . But one rally attendee was killed , more spectators were injured and the suspected gunman is also dead. The Conversation’s politics editor, Naomi Schalit, spoke with University of Massachusetts, Lowell, scholar Arie Perliger after the event. Perliger offered insight from his study of political violence and assassinations. Given the stark political polarization in the U.S., Perliger said, “it’s not a surprise that eventually people engage in violence.”

‘One Inch from a Potential Civil War’? Trump Shooting a Close Call for American Democracy

Butler, PA

Mediaite

Within minutes of a shooting at former President Donald Trump's rally Saturday, Rep. Mike Collins (R-GA) blamed President Joe Biden and called for him to be prosecuted. 
The post House Republican Immediately Accuses Biden of Having ‘Sent the Orders’ to Kill Trump in Bizarre Post first appeared on Mediaite.

House Republican Immediately Accuses Biden of Having ‘Sent the Orders’ to Kill Trump in Bizarre Post

Chicago, IL

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Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Rates were prepared to make a big move in one direction or the other heading into today's high stakes inflation data. Fortunately, the Consumer Price Index (CPI) came in quite a bit lower than expected, leading to a sharp decline in rates at the average lender. 30yr fixed rates had...

Mortgage Rates Drop Sharply After Inflation Data

Kentucky State

Northern Kentucky Tribune

Kentucky’s Community Actions Partnerships have announced the starts date for the Low-Income Home Energy Assistance Program (LIHEAP) Summer Subsidy, aimed at helping Kentucky households offset summer cooling costs.

LIHEAP Summer Subsidy program to help with summer cooling costs to begin enrollment July 16

New York City, NY

Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

California State

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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The HD Post

CALIFORNIA – Starting July 1, landlords will only be allowed to collect one month’s rent for the security deposit on a rental property. Assembly Bill 12, signed into law last October, says regardless of whether the residential property is unfurnished or furnished, only one month’s rent can be charged in addition to any rent for the first month paid on or before initial occupancy.

Law limiting security deposits goes into effect July 1

Virginia State

Virginia fans of The Bold and the Beautiful are pretty much unified in their expectations of what will happen between Thomas Forrester (Matthew Atkinson) and Paris Buckingham (Diamond White), who recently announced their engagement.

The Bold and the Beautiful fans believe Thomas will dump Paris for Hope

New Jersey State

Morristown Minute

NEW JERSEY - Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart has agreed to pay $1.64 million to settle allegations of unlawful unit pricing practices across its 64 New Jersey retail stores. The settlement, which includes a $1.61 million civil penalty, marks the largest ever obtained by the Division’s Office of Weights and Measures (OWM).

Walmart Pays $1.64M Settlement for Unlawful Pricing in NJ

Argentina’s inflation rate was forecast to have increased by 5% in June, breaking a five-month streak of cooling price rises and threatening much-needed economic growth for the country. President Javier Milei’s libertarian plan to salvage the country’s broken economy, which includes the devaluation of the local currency by more...

Argentina’s expected inflation rate rise threatens economic growth

Markets Insider

Russia's economy risks a deep recession within the next year, according to a UC Berkeley economist. The nation is seeing its energy revenues wane while losing access to the US dollar. That could hit Russia's finances and further isolate Moscow from the global economy. Vladimir Putin's claims that Russia's economy...

Russia's weakened energy trade and lost access to the dollar will spark a severe recession within a year, a top economist says

The Federal Reserve raised interest rates aggressively starting in March 2022 to tame high inflation. That underpinned historic strength in the U.S. dollar versus many major global currencies like the euro and Japanese yen. American tourists enjoyed greater buying power abroad. The Fed expects to cut rates once in 2024...

The Fed may soon cut interest rates. That could make your next trip abroad more expensive

Daily Mail

Famed economist David Rosenberg made the dire prognosis following the release of June's nonfarm payrolls report Friday.

Economist who predicted the 2008 recession reveals the five tell-tale signs US economy is on the brink of a downturn

Denver, CO

David Heitz

A dangerous drug that is being mixed into fentanyl is causing those who inject it to develop a rash of sores that resembles a case of flesh-eating bacteria. People experiencing homelessness around Denver can sometimes be seen with these bloody, weeping wounds. I recently mentioned this phenomenon to a fentanyl user who told me about the xylazine connection.

Denver homeless people suffer sores as xylazine enters fentanyl supply

NewsBreak

Inflation slowing, but still elevated. 'We hear you,' says Biden's top economist

South Florida’s inflation rate in June fell to its lowest level in three and a half years. Prices last month were up 3.5% compared to a...

Inflation slowing, but still elevated. 'We hear you,' says Biden's top economist

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