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East Coast cities are sinking at an alarming rate, new research warns

New York City is literally reaching an all-time low. A new study reveals dramatic concerns that the Big Apple, Long Island and many other Atlantic coastal areas face an inevitable risk of sinking at an alarming rate under the weight of buildings. “It affects you, it affects me, it affects everyone. It may be gradual, […]

Nearly nine in 10 US homeowners have mortgage rate below 6 percent: report

According to one study, nearly 9 out of 10 homeowners in the United States have mortgage interest rates below 6%. new report From real estate company Redfin. Approximately 88.5% of mortgage interest rates were below 6%, down from a high of 92.8% in the second quarter of 2022, according to the report. More than three-quarters […]

Liberal city residents rate Sec. Mayorkas’ handling of southern border

Washington DC – Homeland Security Secretary Alejandro Mayorkas received mixed performance reviews from the American public in the nation's capital. ”“He's not doing the right thing. Maybe he's trying hard, but it's not working,” Jacqueline, a longtime Washington, D.C., resident, told Fox News. Bordertown, Texas Fire Department costs $21,000 a day responding to immigration-related calls […]

Fed’s Loretta Mester says March ‘probably’ too early for rate cut

Cleveland Federal Reserve Bank President Loretta Mester said Thursday that the road to inflation, as reflected in the latest consumer price index statistics, returning to the Federal Reserve's 2% target rate is a difficult one. He said this meant it was likely premature for the central bank to cut interest rates in March. “I think […]

Why the December inflation report could push back Fed rate cuts

The consumer price index (CPI) edged higher in December after the month's surprisingly strong jobs report, potentially pushing back the Federal Reserve's expected rate cut in March. be. The Labor Department announced Thursday that the CPI rose 0.3% for the month, up from 0.1% in November and no increase in October. On an annualized basis, […]

Puerto Rico sees rise in C-section births, reaching record rate in US territory

Puerto Rico's C-section rate has skyrocketed to more than 50% of all deliveries, compared to more than 32% in the continental United States, according to a federal report. Cesarean section rates on the island increased in each age group under 40 from 2018 to 2022, after being stable for nearly a decade. The reasons behind […]

Maryland city records historic drop in homicide rate, officials say

Baltimore, long plagued by gun violence, saw fewer than 300 homicides last year for the first time in nearly a decade, a 20% annual decline. City leaders say the decline is considered the largest on record and signals the success of Baltimore City's anti-violence efforts. Mayor Brandon Scott attributes this positive trend to a comprehensive […]

Minutes Suggest Fed Is Not Rushing Toward Rate Cuts

Federal Reserve policymakers agreed last month that they were likely to end interest rate hikes, but were cautious about their next actions, the central bank said on Wednesday. This was revealed in the minutes of the December meeting. The minutes indicate that Fed officials expect the economy to continue progressing in a direction that will […]