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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…
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…
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…
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…
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,…
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…
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…
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 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…
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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