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861. Breonna Taylor's boyfriend reaches $2 million settlement with... (permalink)
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score: 2, Economy, 2022-12-14 00:06:09, published by CNN
Breonna Taylor's boyfriend, Kenneth Walker III, has reached a $2 million dollar settlement with the City of Louisville, resolving lawsuits Walker filed in response to "the unlawful police raid that led to Ms. Taylor's death," a news release from Walker's legal team says. [additional details]
862. Expired foods get new life from budget shoppers as inflation soars, but... (permalink)
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score: 2, Economy, 2022-12-12 11:06:43, published by USA Today
Shoppers pinched by soaring inflation stretch their dollars by buying expired or nearly expired foods. Why this could be a healthy strategy.... [additional details]
863. Freight railroad service is terrible, even without the threat... (permalink)
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score: 2, Economy, 2022-12-11 22:06:25, published by CNN
The fact that a freight railroad strike didn't start on Friday is a huge win for the US economy and its still struggling supply chain. But that doesn't mean freight railroads are providing good service to their customers. [additional details]
864. Hong Kong: Media mogul Jimmy Lai gets over five years for fraud... (permalink)
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score: 2, Economy, 2022-12-10 07:05:09, published by BBC
Jimmy Lai is sentenced to almost six years in prison for fraud and fined 2m Hong Kong dollars (£209,535). [additional details]
865. Consumers are feeling slightly better about the direction of the... (permalink)
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score: 2, Economy, 2022-12-09 16:06:10, published by CNN
Consumers are becoming more confident about the state of the economy, despite recession fears, soaring interest rates and continued high prices, according to the latest consumer survey from the University of Michigan. [additional details]
866. The busiest port in America is no longer on the West Coast... (permalink)
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score: 2, Economy, 2022-12-09 13:06:29, published by CNN
For the past 22 years, the Port of Los Angeles has been the busiest container port in North America, moving around 10 million cargo containers filled with goods for Americans and bringing in roughly half a billion dollars in revenue each year to the state of California. But for the past thr... [additional details]
867. Views of the state of the country are slightly improved, but Americans'... (permalink)
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score: 2, Economy, 2022-12-09 12:05:55, published by CNN
Americans' views of the state of the nation have bounced back slightly since earlier this year, a new CNN poll conducted by SSRS finds, but public perception of the economy remains grim. Nearly half of Americans say they're financially worse off than they were a year ago, the survey finds, ... [additional details]
868. What's happening with the housing market? Mortgage rates, home prices... (permalink)
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score: 2, Economy, 2022-12-08 22:06:52, published by USA Today
The housing boom combined with high inflation and mortgage rates are forcing homebuyers to sit on the sidelines and wait for the dust to settle.... [additional details]
869. Florida lawmaker charged with Covid relief fraud... (permalink)
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score: 2, Economy, 2022-12-08 05:06:11, published by CNN
Federal prosecutors announced charges Wednesday against a Florida state representative who allegedly swindled thousands of dollars in coronavirus relief loans from the Small Business Administration. [additional details]
870. US oil plunges below $75 for first time since just before Christmas... (permalink)
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score: 2, Economy, 2022-12-07 19:06:29, published by CNN
Oil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow concerns about new restrictions imposed on Russian energy. [additional details]
871. D'banj: Nigeria Afrobeats star arrested for youth fund fraud... (permalink)
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score: 2, Economy, 2022-12-07 19:05:12, published by BBC
Investigators say millions of dollars, intended to help unemployed youths, has gone missing. [additional details]
872. The 10 best real estate markets of 2023: Goodbye COVID boomtowns, hello... (permalink)
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score: 2, Economy, 2022-12-07 12:07:02, published by USA Today
With mortgage rates almost doubling since the start of 2022, affordability remains a big concern for buyers. These real estate markets will get active... [additional details]
873. CEO economic outlook tumbles to two-year low... (permalink)
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score: 2, Economy, 2022-12-06 00:06:13, published by CNN
Slower hiring. Weaker spending. And softer growth. That's what America's CEOs are bracing for as the economy heads into 2023 facing a series of obstacles. [additional details]
874. Michael Avenatti sentenced to 14 years in prison for stealing... (permalink)
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score: 2, Economy, 2022-12-05 22:06:00, published by CNN
Disgraced attorney Michael Avenatti was sentenced Monday to 14 years in prison for embezzling millions of dollars from four of his clients and obstruction. [additional details]
875. The looming debt ceiling fight could be the messiest since 2011,... (permalink)
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score: 2, Economy, 2022-12-05 20:06:15, published by CNN
Republicans and Democrats are likely to clash next year over the debt ceiling, a fight that could rock financial markets, unnerve consumers and threaten the economy with the specter of a calamitous default. [additional details]
876. Jay Powell's dream of the 90s is dead... (permalink)
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score: 2, Economy, 2022-12-05 19:06:25, published by CNN
The US economy gained 263,000 jobs in November, 63,000 above the consensus estimate. The larger surprise was that average hourly earnings rose by 0.55%, the fastest pace since January. [additional details]
877. Why Mark Zandi says the US economy will narrowly avoid a recession... (permalink)
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score: 2, Economy, 2022-12-04 21:06:29, published by CNN
Inflation is cooling. Consumers are still spending. And hiring is slowing — but not collapsing. That's why Moody's Analytics chief economist Mark Zandi is increasingly confident that the American economy will — narrowly — escape a recession. [additional details]
878. Who are the eager beaver holiday shoppers unhindered by inflation?... (permalink)
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score: 2, Economy, 2022-12-04 16:06:33, published by CNN
There's at least one group of shoppers excitedly hitting malls this holiday season — and they don't seem to be too bothered about pesky inflation eating into their discretionary dollars. [additional details]
879. The 'yes, but' economy. Yes, we're worried about recession — but... (permalink)
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score: 2, Economy, 2022-12-02 22:06:19, published by CNN
Each week brings head-scratching contradictory news about the economy. Tthis past week was no different, with a batch of economic reports showing that — despite the recession talk — the US economy shows remarkable resilience. [additional details]
880. Why the stock market is channeling Goldilocks... (permalink)
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score: 2, Economy, 2022-12-02 15:06:32, published by CNN
The global economy is weakening and consumers are feeling financially stressed. Gas and heat prices are up significantly from last year and Federal Reserve Chair Jerome Powell indicated on Wednesday that painfully elevated interest rates will hang around for some time. [additional details]
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