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Tag: June

Inflation measure closely watched by the Fed rises 2.5% in June

See what’s clicking on FoxBusiness.com The inflation indicator is Federal Reserve There was some easing in June, even as rising prices continue to weigh heavily on millions of Americans. According to the Labor Department, the personal consumption expenditures (PCE) index showed that consumer prices rose 0.1% from the previous month, and were up 2.5% year-on-year, […]

Fed's preferred inflation gauge ticks higher in June

The Federal Reserve’s preferred inflation measure rose slightly in June, according to new data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index rose 0.1% last month and is up 2.5% over the past year. Core PCE, which excludes more volatile food and energy prices, rose 0.2% in June and is […]

Home sales slump in June as prices hit another record high

U.S. existing home sales fell more than expected in June and the median home price hit a record high again, but improving supply and lower mortgage rates raised hopes that home sales may recover in coming months. The National Association of Realtors said on Tuesday that home sales fell 5.4 percent at a seasonally adjusted […]

Home prices smashed another record in June as sales slump

Orlando-area real estate agent and TikTok creator Freddie Smith talks Florida’s expensive market and his best advice for achieving homeownership. Cost Buying a new home A new report shows it has hit another all-time high. According to data released by the National Association of Realtors, the median sales price of existing homes in the U.S. […]

January 1 or December 6, Not June 19, Should Be the National Holiday

Estimated Reading Time: 6 minutes Today [June 19] has been declared a national holiday—Juneteenth. But if we really want to celebrate a day that was a landmark in America’s journey toward a freer, less racist society, we should not be celebrating Juneteenth—we should be celebrating January 1, the day in 1863 when the Emancipation Proclamation […]

Executive Spoke in June About Single Point of Failure in Tech

CrowdStrike recently became the very “single point of failure” that company executives warned about just weeks before a devastating software update that took down Microsoft Windows-powered computers around the world, crippling everything from airlines to banks. PC Mug Reports On July 19, 2024, the cybersecurity world experienced a moment of irony when CrowdStrike, a prominent […]

Joe Biden’s campaign outspent Donald Trump 6-to-1 in June

President Biden’s reelection campaign last month saw him significantly outpace Republican presidential nominee Donald Trump in terms of campaign finances, even as the incumbent’s position in the polls deteriorated. The Biden campaign spent a lot of money. $59.4 million During June, the Trump campaign $9.9 million Spending for the month was down compared with the […]

Trump blows past Biden in June fundraising race, with July numbers expected to be worse for Democrats

Former President Donald Trump surpassed President Biden’s longtime fundraising lead, according to donation filings in June. Republicans raised $66 million throughout the month, propelling the Trump campaign to surpass the current president’s campaign spending. June was the Republican Party’s biggest monthly fundraising month since 2020, according to The Washington Post. The latest data comes after […]