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Migrant Surge Is Helping Cause Homelessness, Which Hasn’t Gone Down Post-COVID

On Friday's broadcast of MSNBC's “Morning Joe,” Kansas City, Missouri, Mayor Quinton Lucas (D) said that immigration is one of the issues contributing to the increase in homelessness and that “in 2020 and 2021… , and everyone thought that once the coronavirus was over, those numbers would go back to normal.” , the world will […]

I Want the American Dream for All Migrants, You Can’t Do That with Current Border Surge

“We want to offer the American dream to every immigrant,” Sen. John Fetterman (D-Pennsylvania) said on CNN's “The Lead” broadcast Friday. But he said, “It seems very difficult to do that with 300,000 people that we will encounter at the border.” And being able to strongly support immigration while supporting secure borders. “I honestly don't […]

Maine looks to migrant surge to remedy worker shortage

Maine Gov. Janet Mills and a state lawmaker from Somalia unveiled a proposal Friday that seeks to solve the state's severe labor shortage by tapping into its rapidly growing immigrant community. Maine has traditionally had one of the lowest immigrant populations in the country. According to the 2020 U.S. Census, only about 4% of the […]

Retail Sales Surge Higher Than Expected, Threatening to Ignite Inflation

U.S. shoppers eagerly reached for their wallets and credit cards in December, spending far more than expected, according to Commerce Department statistics on Wednesday. U.S. retail sales rose 0.6% from the previous month, well above expectations for a 0.2% increase. Compared to the previous year, sales increased by 4.8%. Sales of cars and trucks drove […]

Credit card delinquencies surge as Americans battle high inflation, interest rates

Portfolio Wealth Advisors President and Chief Information Officer Lee Manson talked about the expected earnings releases of major banks, the Federal Reserve's interest rate cuts, and gave his outlook for the market this year. More Americans are falling behind on their monthly credit card payments as the country continues to battle high inflation and interest […]