April’s jobs report out Friday morning, May 5, crushed economists’ estimates. The Bureau of Labor Statistics reported the economy added 253,000 jobs for the month, when around 180,000 were expected. Meanwhile, the unemployment rate edged back down to 3.4%, tying a near 70-year low. Since March 2022, the unemployment rate has stayed between 3.4% and…

On April 12, the Bureau of Labor Statistics said inflation rose at its slowest rate in two years. Excluding volatile food and energy prices, core inflation rose 5.6% on an annual basis, as expected. Grocery prices declined by 0.3% with eggs, which have skyrocketed of late, falling nearly 11% for the month. Energy prices declined…

Tech companies are threatening to pull news articles from their websites in Canada as legislation advances that would force them to pay news publishers for their content. Bill C-18, called the Online News Act, would mandate revenue-sharing agreements between Google, Facebook-parent-company Meta, and established news organizations. This week, Meta warned it would get out of…

While the EPA is telling residents of East Palestine, Ohio that tests on their drinking water aren’t showing any contaminants linked to the toxic train wreck, not everyone is convinced. The Ohio Department of Natural Resources estimates that more than 40,000 small fish have died following the disaster on Feb. 3. Now reports are trickling…

Senators on Capitol Hill reacted to the end of emergency COVID-19 allotments for the SNAP food program. Congress created the benefit to ease financial burdens during the pandemic, but they ended Feb. 28.  “Let’s get real about the struggles that many families face in America, whether it’s paying off a student loan, or putting bread…

Investors were cheering over the last few months on signs that inflation was easing and deflation had arrived, but the most recent CPI numbers from the Bureau of Labor Statistics indicate the Federal Reserve’s path to tame prices will be anything but smooth. Some economists point to services inflation as inflation’s newest culprit, replacing supply…

President Joe Biden delivered a speech in Poland on the Ukraine war; an industrial plant explosion shook the outskirts of Cleveland; United Airlines is changing their seating policy to benefit families after backlash; and a baby formula is being recalled. These stories and more highlight your daily rundown for Tuesday, Feb. 21, 2023.  Biden, Putin…

The Federal Trade Commission (FTC) and six states are suing Roomster, alleging the roommate pairing app used fake positive reviews and fake listings to lure new customers. The company is accused of buying 20,000 fake customer reviews. According to a court filing, the defendants “have inundated the internet with tens of thousands of fake positive…

As residents of the United Kingdom deal with a late January cold snap, British utility company National Grid is asking for help with saving energy. The company asked its customers to participate in its Demand Flexibility Service from 5:00-6:00 p.m. Monday night. The service rewards people, usually via money off their bills, for turning off…

The average age of people who get their news from broadcast or cable television networks is over 60 and only going higher. The vast majority of young people get their news from social media and have never even read a newspaper. Mainstream news sources are withering, leaving an increasingly divided news landscape where people can’t…