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Social Security announces 2.5 percent cost-of-living adjustment for 2025

For social security recipients, 2.5 percent bump As part of the 2025 Cost of Living Adjustment (COLA). The increase announced Thursday was the smallest in years and was in line with experts' expectations as inflation appears to be easing to some extent. Millions of recipients saw the biggest increase in benefits last year, at 8.7%, […]

Mortgage applications drop 5.1 percent as rates rise despite Fed cuts

Mortgage applications fell earlier this month as interest rates rose following September's strong employment report. Recent data from the Mortgage Bankers Association's (MBA) Weekly Application Survey shows the number of applications for mortgage loans. decreased by 5.1% In the first week of October. Mike Fratantoni, Senior Vice President and Chief Economist, said, “Following strong economic […]

About 17 percent of Florida’s gas stations are out of gas as Milton approaches

Gasoline demand is rapidly increasing in Florida as Hurricane Milton approaches, and approximately 17% of gas stations in the state are running out of fuel. Mandatory evacuations have been ordered for much of the state's west coast. This is the first time a major hurricane has directly hit the Tampa area. Over a century. Officials […]

Second quarter GDP locks in at 3 percent growth

U.S. gross domestic product (GDP) grew at an annualized rate of 3% in the second quarter, signaling the economy's strong performance in a high-interest rate environment set by the Federal Reserve. The Commerce Department's third estimate of actual GDP growth came in at 3%, confirming its second estimate, which also came in at 3%. Both […]

Paramount Begins Next Round of Layoffs, Cutting Staff by 15 Percent

As the entertainment industry continues to downsize, Paramount launched its second round of layoffs on Tuesday, aiming to reduce its workforce by 15% company-wide. “We are taking these steps to ensure the continued success of Paramount, and after today, 90 percent of these reductions will be complete,” said Paramount co-CEOs George Cheeks, Chris McCarthy and […]

64 percent in new poll want to see another Harris, Trump debate

A new survey found that 64% of respondents said they would like to see Vice President Harris face off against former President Trump ahead of the November election. A Quinnipiac University poll found that a majority of Americans want to see the two candidates debate each other again, with only 31% saying they don't want […]

Trump threatens John Deere with 200 percent tariff if it outsources manufacturing

Former President Trump on Monday threatened Illinois-based John Deere with huge tariffs on its products if it outsources some of its manufacturing to Mexico as previously announced, the latest sign that Trump would be aggressive in using tariffs if he wins the November election. “I noticed that there's a John Deere tractor behind me. I […]

44 percent have favorable view of Taylor Swift after Harris endorsement: Poll

Fewer than half of 2024 presidential voters have a favorable view of pop superstar Taylor Swift, who has endorsed Vice President Harris, according to a New York Times, Philadelphia Inquirer and Siena College survey. vote It was announced on Thursday. The poll, conducted after Swift endorsed Harris on September 10, found that while 44% of […]

Harris hits 50 percent favorability rating in poll

Vice President Harris' favorability ratings have risen since she became the Democratic presidential nominee, with half of voters now viewing her favorably, according to a poll released Thursday. Fifty percent of voters have a favorable view of Harris. investigation According to The Associated Press-NORC Center for Public Policy Research, 44 percent of people in a […]