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How the Migrant Surge Likely Drove That Huge Jobs Revision

Big downward revisions to employment numbers may be exaggerated due to immigration surge The U.S. labor market may not be as weak as a big downward revision to the Labor Department’s employment report this week would suggest. On Wednesday, the Bureau of Labor Statistics released its monthly employment report. Employment growth was overestimated by approximately […]

Target sales surge as customers flock to low-cost retailers

Target’s profit and sales beat Wall Street expectations, in the latest sign that shoppers are flocking to discount chains as inflation keeps prices high. The “cheap chic” retailer on Wednesday raised its full-year profit outlook and reported its first quarterly comparable sales increase in more than a year as price cuts drew more shoppers to […]

COVID-19's summer surge shows no signs of slowing down

A surge in COVID-19 infections has swept across the country this summer, disrupting travel plans and bringing fevers, coughs and general fatigue, with no signs of abating soon. While most of the country and federal government have put the pandemic behind them, the virus is mutating and new variants are emerging. Although the Centers for […]

Refinances surge on easing mortgage rates

Erin Sykes, chief economist at Nest Seekers International, weighs in on “The Bottom Line” as high interest rates continue to hurt the housing market. While mortgage rates remain uncomfortably high for many prospective homebuyers and sellers, recent declines in interest rates have led to a significant increase in demand for refinancing. The Mortgage Bankers Association […]

Male cancer cases, deaths projected to surge in 2050: study

OMG! The number of men with cancer worldwide is projected to surge from 10.3 million in 2022 to 19 million in 2050, an increase of 84%. Australian health experts say. Additionally, the number of men dying from cancer is expected to increase by 93%, from 5.4 million in 2022 to 10.5 million in 2050. The […]

Harris Surge Is Not Just ‘Honeymoon Phase’

Radio host Charlaman the God said Sunday on ABC’s “This Week” that the energy of Vice President Kamala Harris, who tops the list of candidates, isn’t just “newlywed.” Anchor Jon Karl asked, “When we sat down and talked, I think it was just six months ago — just about six months ago — you said […]

Dozens of Coronavirus Cases at Olympics, World Unprepared for Surge

The World Health Organization’s (WHO) pandemic response chief Dr Maria Van Kerkhove said Tuesday that the Wuhan coronavirus “is still with us,” warning that governments around the world are unprepared for the ongoing surge in infections. “The virus is circulating in all countries. Data from our surveillance system across 84 countries shows that the proportion […]