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There's a single, subtle change in the Federal Reserve's latest comments on inflation. Here's what it means for future rate cuts.

There’s a single, subtle change in the Federal Reserve’s latest comments on inflation. In May, the Federal Open Market Committee said there had been a “lack of further progress” toward its 2% inflation target. On Wednesday, June 12, hours after the latest inflation report became public, the committee changed the phrase to note “modest further…

Inflation is going to be a key determining factor for many Americans voting in November, and it's a trap President Biden cannot escape.

The United States has one of the lowest inflation rates in the world today. The latest U.S. Consumer Price Index Summary, released on Wednesday, June 12, showed that inflation cooled slightly more in May, increasing by only 3.3% year over year, compared to the 3.4% expected by economists. While this is all good news for…

In the wake of the European Parliament elections, French President Emmanuel Macron called for a snap election. Here's what that means.

Over the last several days, hundreds of thousands of people across the European Union’s 27 nations voted in the European Parliament elections. While centrists remain in the majority, far-right parties from throughout the bloc made inroads picking up a record number of seats. The European Parliament is the legislative body for the 27 member states…

The American job market faces cuts amid economic fluctuations, with John Deere laying off workers and tech companies announcing reductions.

In the last year, American corporation John Deere has laid off nearly 1,000 workers and it announced 650 job cuts on Wednesday, June 5. The manufacturing tractor company also plans to send more work to Mexico. John Deere’s profits dropped by more than $6 billion from this time in 2023, with economists pointing to slower…

Polling shows presidential candidates Trump and Biden in a tight race, with even Trump's guilty conviction not affecting their standings.

President Joe Biden and former President Donald Trump are essentially tied nationally and in some key battleground states. A recent poll found that Trump has 50% support nationally among likely voters, while Biden has 49%. The poll indicates that the recent Trump guilty verdict in the hush money case is not significantly influencing voters; instead,…

Fifteen Americans from fourteen different states discuss their financial hardships, including making ends meet and paying bills on time.

As the presidential election approaches, many Americans feel cautious about the economy despite reassuring data. Nearly two-thirds of middle-class Americans report experiencing economic hardship and do not expect their situation to improve. Inflation and unaffordable housing are two of the top concerns respondents cite. In this 40-minute episode of America Speaks, Dr. Frank Luntz asks…

The state of the economy is a top issue for Americans as the election nears. A new poll says that the middle class is struggling financially.

As the 2024 presidential election approaches, the economy is one of top issues for American voters. According to a recent poll from the National True Cost of Living Coalition, middle-class citizens report to not be doing well and they don’t expect that to change for the remainder of their lives. According to the poll, middle…

U.S. Border Patrol warns migrants about the dangers of crossing during the winter season.

Five months before the November elections, immigration remains a top concern for American voters. Lawmakers in Arizona voted Tuesday, June 4, to give voters a chance to determine how to handle illegal immigration in their state. Come November, people in the Grand Canyon State will vote on a ballot measure that would make it a…

Mexico elected Claudia Sheinbaum as its new president. What are her opinions on the border, immigration and the U.S. government?

Mexico elected Claudia Sheinbaum as its next president on Sunday, June 2, replacing Andrés Manuel López Obrador. Sheinbaum is from the same political party as López Obrador, so her political ideology and policies will likely mirror what is already in place in Mexico. However, she has also previously spoken about hot topic issues including the…

Edinburgh faces a housing crisis, as Taylor Swift concerts draw 210,000 fans, putting a strain on accommodations for its homeless population.

As fans flock to the U.K. for Taylor Swift’s upcoming sold-out concerts, Edinburgh faces a significant housing challenge. The city is dealing with a housing emergency and the surge of Swift’s fans is exacerbating the situation, putting a strain on accommodations for its homeless population. Swift’s Eras Tour, which is the first to gross over…

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