Trump Gaining In Polls Among Black Voters

As polls show an uptick in support for the presumed Republican nominee, experts say the support for Trump is tied to inflation and a history of incumbents being held responsible for the nation’s economic woes, something that disproportionately affects Black voters....

Economic skepticism may drive young voters away from the ballot

Imagine a frog in a pot of water. Someone raises the temperature and the frog acclimates to it. But the heat only keeps rising. That's what inflation feels like to Kody Kohnen, a 22-year old senior at Texas A&M studying agricultural leadership, who explained the...

The Grocer Gap: Racial Disparity in the Food Distribution Industry

It is no secret that Black Americans are underrepresented as business owners. They make up about 12.4% of the US population, but Black business owners are only 2.4% of all employer-owned firms. And while Census data shows that the number of Black-owned businesses in...

Labor-starved North Dakota is a microcosm of the U.S.’s complicated relationship with immigration

Embed from Getty Images Kwan Yong Lee moved to North Dakota in 2013, after graduating with an economics PhD from Purdue University, to work at the University of North Dakota in Grand Forks. He’s gotten pretty used to the cold, and likes that Grand Forks is safe, and...

Global coffee, cacao prices reach historic highs due to climate change

Kinani Ahmed, owner of Sextant Coffee Roasters in San Francisco, opened his roastery in 2014 with a goal of sharing the finest coffees of Ethiopia with others.  But since the COVID-19 pandemic, that goal has become more and more expensive. The civil war in Ethiopia,...

In April, jobs numbers cooled after months of surprising growth

The US economy added fewer jobs than expected in April, signaling that months of surprising growth may finally be slowing.  The Bureau of Labor Statistics reported that employers added 175,000 new jobs in April, well below economists’ expectations of around 240,000...

Five Things to Watch For in March’s Retail Sales Report

The U.S. Census Bureau will release its monthly retail sales report on Monday. Economists surveyed by Bloomberg expect a 0.4 percent gain in retail sales for March. Thus far, retail sales have trended softer this year than in 2023, with an unexpected 1.1 percent drop...

In the Hunt for Affordable Housing, Americans Are Heading South

Jay, a tech executive from Virginia Beach, had simple criteria for where he wanted to live: somewhere with a solid tech presence, decent weather and spacious, reasonably-priced housing. He was stunned by the high cost of homes in places like Seattle and San Francisco....

Veterans Not Priced Out Of Expensive Markets Due To New Loan Rules

San Diego, home to 300,000 active or retired military, and a close to $1 million median area home price, has seen veterans emerge as highly competitive buyers thanks to changes in the VA loan program. Vanya Cook-Letoud, 38, is in rare company: a homeowner twice over...

Rising Inflation Makes Fed Interest Cuts Unlikely in the Near Term

Consumer prices rose slightly faster in February, a signal for the Fed to hold cutting interest rates. Prices rose 0.4% from a month earlier in January and increased 3.2% from a year ago, according to the Labor Department. That rise in prices was slightly higher than...

Five Things to Watch: Home Prices

Economists predict that home prices declined year over year in February, ahead of the monthly Case-Shiller Report set to release tomorrow morning. But uncertainty lingers amidst changing seasons, regional divides and an otherwise resilient labor market.  The Federal...

Housing Markets Are Cooling – But Not Everywhere

Housing Markets Are Cooling – But Not Everywhere

The Federal Reserve targets home prices to curb inflation. But only certain markets seem to be responding – revealing the imprecision of an interest hiking toolbox. Housing prices fell in January, but at vastly different speeds coast to coast. A stark split in the...

The Hudson Valley Has a New York City Problem

Greg Beytis has lived in the Hudson Valley for his whole life, so he remembers a time before the pandemic when finding an apartment only took a week, if that. But as of March, Beytis has spent four months looking for an apartment to rent where he can stay with his...

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