The House votes to avert the rail strike and force a deal on the unions

WASHINGTON (AP) — The US House of Representatives moved urgently to avert a looming nationwide rail strike on Wednesday, passing a bill that would bind businesses and workers to a proposed settlement reached in September but rejected by some of the 12 unions involved. . The measure passed by a vote of 290-137 and is … Read more

Inflation relief checks go to residents of these states. See if you qualify

Andy Puzder, former CEO of CKE Restaurants, discusses whether persistent inflation will dampen Varney & Co.’s Christmas retail season. As high inflation places an additional financial burden on Americans, some states are helping to offer one-off stimulus discounts to ease the pain of rising prices. At least 20 states are offering one-time deductions or expanded … Read more

What happens to the global economy? The war in Ukraine, inflation and the pandemic are slowing things down.

It’s not just the US – the global economy is slowing. Inflation rose in European countries as the war in Ukraine drove up the prices of necessities such as heat, gas and food. China’s “zero Covid” policies of strict lockdowns and mass testing continue to disrupt the production of goods. And all over the world, … Read more

Cyber ​​Monday deals lure consumers amid rising inflation

NEW YORK (AP) — Days after they flooded stores on Black Friday, consumers are taking to the internet for Cyber ​​Monday to get more discounts on gifts and other items whose prices have been inflated by soaring inflation. Cyber ​​Monday is expected to remain the biggest online shopping day of the year and generate $11.6 … Read more

China Covid protests sent global stocks lower as strategists see continued turmoil

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, November 9, 2022. Michael Nagel | bloomberg | Getty Images Global stocks fell on Monday after a scarce Protests broke out across China over the weekend amid growing unrest over the country’s Covid-free policy. Clear relief Earlier … Read more

“Things are looking” for the heart of Downtown Urbana | Economie

Record Swap owner Bob Diener says at his Lincoln Square store in Urbana his business has tripled since he moved it to the mall from Race Street just before the pandemic began in early 2020. Robin Schulz/The News Gazette To subscribe, click here Want to buy a hard copy today? This is a single copy … Read more

Morgan Stanley Cuts Its Forecast For US Housing Market – Sees Home Price Correction Underway In 2023

Nationwide, home prices fell 1.3% between June and August. This represents the first decrease measured for latecomers Case-Shiller National Home Price Index Since 2012. It’s more than a simple drop, it’s a turnaround. At least, that’s according to the latest forecasts made by the V Economics team Morgan Stanley. This year, Morgan Stanley expects US … Read more

Economies booming with Russian wealth and immigration

Russians cross the border between Russia and Georgia days after President Vladimir Putin announced a mobilization campaign on September 21. Daru Solakuri | Getty Images News | Getty Images While many economies are suffering from the impact of Russia’s invasion of Ukraine, a select few countries are benefiting from the influx of Russian immigrants and … Read more