Fox Business

Recent data from experts at Cox Automotive shows that Americans are still struggling with car payments. The number of defaults industrywide is up in the first half of 2024.

Americans are falling behind on their car payments

Almost 40% of American adults say they are concerned about making ends meet every month, per a new CNN poll.

Almost 4 in 10 Americans worry about paying bills in numbers surpassing Great Recession era

Southwest Airlines is getting rid of its open seating model for the first time in its history as it tries to boost profits. It did not specify when the changes would take effect.

Southwest ending its open seating policy

UPI News

The American economy measured by gross domestic product grew by 2.8% in the second quarter of 2024, substantially stronger than the expected 2.1% growth. The resilient growth despite high interest rates.

U.S. economy grew at 2.8% rate in second quarter, higher than expected

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

The US economy is on the verge of an extremely rare achievement.

The US economy is pulling off something historic

Economic growth in the U.S. accelerated by more than expected in the second quarter of 2024, according to a report released by the Commerce Department on Thursday. The report said real gross domestic product surged by 2.8 percent in the second quarter after jumping by 1.4 percent in the first quarter. Economists had expected GDP to increase by 2.0 percent.

U.S. GDP Growth Accelerates More Than Expected In Q2

Business Times

The U.S. economy demonstrated remarkable resilience in the second quarter, growing at a 2.8% annualized rate, significantly outpacing expectations. This robust performance, reported by the Commerce Department on Thursday, highlights the economy's strength despite ongoing challenges such as high interest rates and inflation.

US Economy Exceeds Expectations with 2.8% Growth in Q2, Signals Strong Consumer Spending

Reuters

OTTAWA (Reuters) - Canadian factory sales most likely fell 2.6% in June from May, largely due to the chemical product and transportation equipment subsectors, Statistics Canada said in a flash estimate on Wednesday.

Canada June factory sales most likely fell 2.6%, Statscan flash estimate shows

Redfin CEO Glenn Kelman pulled the curtain back on the U.S.' "somewhat slow" real estate market during an appearance on "Cavuto: Coast to Coast."

Redfin CEO says housing market is in a 'funk' as homebuyers weigh election uncertainty

Virginia State

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Anchorage, AK

Cheryl E Preston

Daily Express reports that Roger Allan Holmberg Sr., a Virginia pastor, has been accused of hitting his wife while on an Alaskan Airlines flight from Seatle to Anchorage. Holberg allegedly verbally and physically abused his wife, who said she has epilepsy, and her husband hit her in the head, knowing it could cause a seizure.

Virginia pastor facing federal charges after he allegedly hit his wife on an Alaskan Airlines flight

Chicago, IL

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?

New data published Tuesday by the National Association of Realtors shows that the median existing home sale price smashed another record high in June.

Home prices smashed another record in June as sales slump

Illinois State

Every year, new laws that were passed the prior year go into effect on July 1. In 2024, a number of new laws will begin this Monday. Among them include higher wages for tipped employees, a gas tax increase, and driver's licenses for undocumented immigrants.

New Laws July 1: Driver's Licenses for Undocumented Migrants, Raises for Tipped Workers, and More

The Hill

The growing undocumented immigrant population in the U.S. will lower the deficit by nearly a trillion dollars over the next decade, according to a study by the Congressional Budget Office (CBO). CBO’s projections are based on the net sum of economic activity generated, taxes paid and benefits allotted to the immigrant groups included in the study.…

Undocumented immigrants will boost economy, lower deficit, CBO says

A new survey published by Bamboo HR shows that one-quarter of bosses admitted to implementing return-to-office mandates in order to get workers to quit.

Bosses admit that return-to-office mandates were meant to make staff quit

Disney co-chair Dana Walden, a longtime friend and fundraiser for Vice President Kamala Harris, could be the big "Hollywood winner" if the Democrat is elected president.

Disney TV chief called 'Hollywood winner' in ascension of Kamala Harris to likely Democratic nominee

Philadelphia, PA

Home sales are falling as cities like Los Angeles and Philadelphia struggle with low buying numbers.

Many homes are sitting stagnant on the market, causing more frequent price drops

Wiers Farm Inc. is expanding its recall for bagged vegetables and salad over concerns that the products could be contaminated with listeria, according to the notice posted by the FDA.

Produce sold at Walmart, Aldi, Kroger stores recalled over listeria risk

Between 2010 and 2024, benefits have risen by about 58% due to the annual COLA. The cost of most goods and services purchased by the typical retiree rose 73% during that same period.

Social Security benefits are falling short. The problem could soon get worse

NewsBreak

US economy grew faster than expected during the second quarter

Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a 2.8% annualized rate during the second...

US economy grew faster than expected during the second quarter

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