Results for "Economy"100 results found.
Shelf Stocking Robots Could Become the New Norm

The Coronavirus pandemic caused financial uncertainty for individuals and businesses. Some companies laid off employees to cut costs and maintain revenue.

by Matin Varshochi
What You Need to Know If You Lose Your Job

For a second straight quarter, the gross domestic product (GDP) of the United States fell, the typical definition of a recession. Due to the rising fears of a recession, companies have reduced their job openings, and there is a possibility some people will be getting laid off in the near future.

by Matin Varshochi
Atlanta Housing Rent Vouchers Refused by Landlords

To help low-income individuals and families rent affordable housing, the United States Department of Housing and Urban Development (HUD) began giving out housing vouchers. But recently, there has been some controversy regarding whether landlords have the authority to refuse tenants’ rent vouchers

by Matin Varshochi
Latest Economic Report Says US Economy is Not in Recession

In a report released by the National Bureau of Economic Research (NBER), it was seen that the GDP level had reduced a second time, which is the usual indicator of a recession. However, despite the data showing a reduction in consumer spending, the NBER has announced they believe the economy is not in a recession.

by Matin Varshochi
Rising Inflation is Causing More Homelessness

Since the beginning of the pandemic, the cost of living has continued to rise due to the surging inflation rates. When the Bureau of Labor Statistics calculated the most recent inflation rate using the Consumer Price Index, it was determined that it was at its highest level in 40 years.

by Matin Varshochi
Universal Free Lunch Program Expires, Concerning Families

During the pandemic era, students were provided free school lunches to ensure they did not go hungry. However, as pandemic restrictions have begun easing up, the Universal Free Meals program has ended, which has left many students and families wondering how they can receive access to meals while at school.

by Matin Varshochi
U.S. Hourly Workers' Emergency Savings are Limited

Workforce payments platform Branch recently conducted a survey asking hourly workers in the United States about their financial situation. The purpose of this survey was to determine how well off these hourly workers are in the midst of the current economic climate, and the results were startling.

by Matin Varshochi
New Missouri Homeless Laws Makes Sleeping Outside Illegal

Missouri currently has approximately 6,527 homeless people, or around 1.13% of its population. As the state government wishes to lower this statistic, Missouri Governor Mike Parson signed a new bill earlier this month that will go into effect on January 1, 2023, criminalizing homelessness.

by Matin Varshochi
Crypto Lender Celsius Files for Bankruptcy

On Wednesday, July 13, 2022, crypto bank Celsius filed for Chapter 11 bankruptcy. The digital asset firm mentioned extreme market conditions led to a surge in customer withdrawals, ultimately hurting their operations.

by Matin Varshochi
Google Stock Split 20-for-1

On July 18, 2022, Alphabet (GOOGL) executed a 20-for-1 stock split, meaning investors who previously held one Class A share of GOOGL would now receive an additional 19 shares. Although this event has led to the stock price being more affordable for investors, there may be another reason behind Google’s intentions.

by Matin Varshochi
U.S. Housing Market Starts to Cool Down

Since the beginning of the COVID-19 pandemic, many people took advantage of the low-interest rates and decided to purchase a house. As many others had a similar thought process, the demand for housing began to rise.

by Matin Varshochi

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