Last Updated:September 2 @ 12:12 pm

Archives for Economy - News

So many liberal misconceptions

[caption id="attachment_1657" align="alignright" width="300"] (File Photo)[/caption]I’m a single mother and I struggle to support my son on the $10.33 an hour I make at one of the most exclusive clubs in America – the US Senate. I’m a cashier employe ...

Economist survey says outlook dim for US economy, wages and hiring

WASHINGTON (AP) -- For much of the economy's fitful and sluggish six-year recovery from the Great Recession, analysts have foreseen a sunnier future: Growth would pick up in six months, or in a year. That was then. The latest Associated Press survey ...

US food banks struggle to meet demand

DES MOINES, Iowa (AP) — Food banks across the country are seeing a rising demand for free groceries despite the growing economy, leading some charities to reduce the amount of food they offer each family. U.S. food banks are expected to give away abo ...

Inflation: Americans feeling price hikes

WASHINGTON (AP) — Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee. For American consumers who have become used to flat or even falling prices for several years, an unfamiliar sight has emerged ...

Americans still want SUVs, muscle cars

DETROIT (AP) -- Americans again bought vehicles that sit up high and come loaded with features like backup cameras and smartphone capabilities in June. Horsepower was also in; gas-sipping not so much. SUVs of all sizes continued to fly off dealer lot ...

Pensioners queue outside Greek banks amid withdrawal limits

ATHENS, Greece (AP) -- Anxious Greek pensioners swarmed closed bank branches Monday in the hope of getting their pensions, while queues formed at ATMs as they gradually began dispensing cash again following the imposition of strict controls on capita ...

Greece says it will never accept wage, pension cuts

BRUSSELS (AP) — The European Commission said Sunday that weekend talks to find common ground between international creditors and Greece were unsuccessful and left a wide rift that needs to be closed within two weeks to avoid a possible Greek default. ...

Why Americans are getting new credit cards

NEW YORK (AP) — A big change is happening inside your wallet. U.S. banks, tired of spending billions each year to pay back fleeced consumers, are in the process of replacing tens of millions of old magnetic strip credit and debit cards with new cards ...

Los Angeles to raise minimum wage from $9 to $15 an hour

LOS ANGELES (UPI) -- The Los Angeles City Council on Tuesday approved a plan to raise minimum wage in the city to $15 per hour by 2020. Under the proposed plan, minimum wage will increase incrementally from the current $9 per hour to $15 per hour eac ...

More Americans use half their income for housing costs

WASHINGTON (AP) -- More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities. That's the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance af ...


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