President Joe Biden is working with the Department of Justice to make amends with the families affected due to Trump’s zero-tolerance policy. To make amends, Biden is planning to financially compensate families who were separated at the border.
by Viviana VazquezThe Bureau of Labor Statistics recently reported that the inflation rate for the past year had surpassed six percent. Protect yourself from inflation by investing your money through these methods.
by Viviana VazquezRising prices, known as inflation, typically increase year after year to somewhere around 2%. According to the United States Bureau of Labor Statistics, food prices have increased by 4.6% over the past 12 months.
by Sha'Kreshia TerrellOver the past couple of years, McDonald’s has been heavily investing in tech startups to help them put AI in their locations. McDonald’s wishes to use AI in its locations to minimize error, improve efficiency, and increase productivity.
by Matin VarshochiWith this year’s holiday season right around the corner, it is the best time for businesses to increase their profits. As the economy is returning to normal, consumers are expected to spend between $843.4 billion and $859 billion.
by Nailah HerbertAs the economy returns to its normal state rather quickly, some supply chain issues have caused pent-up demand. The shortage is causing store shelves to remain empty, leading to higher prices for consumers.
by Nailah HerbertBitcoin’s price surged to an all-time high of $66,974 on Wednesday, October 20, 2021. Many speculate the price increase was due to Bitcoin’s futures ETF, BITO, debuting on the New York Stock Exchange.
by Viviana VazquezThe federal government has been struggling to develop a solution to its public debt crisis. Unfortunately, the Republican and Democratic parties have opposing approaches about how to resolve this significant issue. However, if the government fails to bring about a resolution by around October 18, it could result in a major financial crisis for the United States of America.
by Viviana VazquezMillennials are making six figures in income, but more of them live paycheck-to-paycheck than any other generation.
by Viviana VazquezThe Chinese central bank released a statement on Friday, September 24, 2021 stating that they are prohibiting the use and mining of all cryptocurrencies.
by Viviana VazquezSince 2010, the average cost of a house has risen by 20%. These price increases have made it increasingly difficult for young people to be able to purchase a home.
by Nailah HerbertOne of the American Families Plan’s goals is to allow the IRS to monitor transactions of bankers over $600 to ensure that people are not lying about their taxable income.
by Viviana VazquezTypically, new and used vehicles decrease in value each year. However, the average price of used cars has increased by 4.9% over the past year. As a result, many used car owners have become intrigued to sell their used cars for profit.
by Sheena AllenA report released in early 2021 indicated that the money in the Social Security Trust Funds is expected to run out by 2034.
by Viviana VazquezThe Brookings Institution conducted an economic study to measure the impact of inequality since 1990. The study found that the U.S. missed out on $22.9 trillion in economic growth since 1990 due to inequality.
by Viviana Vazquez