Fair 46°
Tag:

United States

Real Estate
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher
Home Sales Plummet, Prices Hit New January Record: How Tariffs Could Drive Costs Higher Home sales fell in January as prices continued soaring, showing the financial strains potential buyers are facing. Existing-home sales declined 4.9 percent from December 2024 to a seasonally adjusted annual rate of 4.08 million in January, the National Association of Realtors (NAR) said in a news release on Friday, Feb. 21. The median home price climbed 4.8 percent year-over-year to $396,900, the highest amount ever in a month of January. In the Northeast, sales fell 5.7 percent from December to an annual rate of 500,000 homes, though they increased 4.2 percent from January 2024. The m…

SHARE

by Chris Spiker
Politics
Trump Fires Nation's Senior Military Officer Trump Fires Nation's Senior Military Officer
Trump Fires Nation's Senior Military Officer President Donald Trump announced on social media that he has just fired the nation's senior military officer and named a successor. General Charles Q. Brown Jr., age 62,  made history as only the second African American to lead the Joint Chiefs of Staff.  Trump appointed retired three-star general John D. Caine to fill Brown's position as he seeks to reshape military leadership. “Today, I am honored to announce my nomination of Lieutenant General Dan ‘Razin’ Caine as the next Chairman of the Joint Chiefs of Staff,” Trump wrote in a post on Truth Social on Friday evening, Feb…

SHARE

by Joe Lombardi
Politics
New Poll Shows Approval Drop In Trump's Handling Of Economy New Poll Shows Approval Drop In Trump's Handling Of Economy
New Poll Shows Approval Drop In Trump's Handling Of Economy As economic uncertainty looms, a new poll shows President Donald Trump's approval rating has slipped, with growing numbers of Americans expressing concern over the nation's financial direction. The Reuters/Ipsos poll, which surveyed 4,145 US adults nationwide over a six-day period ending Tuesday, found Trump's overall approval rating at 44 percent, down from 45 percent in a poll conducted Friday, Jan. 24 to Sunday, Jan. 26.  His disapproval rating climbed to 51 percent, a notable increase from 41 percent in polling taken just after he returned to the White House on Monday, Jan. 20 to T…

SHARE

by Joe Lombardi
News
NJ Families See Groceries Take Smallest Share Of Income In US, New Study Says NJ Families See Groceries Take Smallest Share Of Income In US, New Study Says
NJ Families See Groceries Take Smallest Share Of Income In US, New Study Says Inflation and soaring grocery prices are squeezing US households at the beginning of 2025, but a new study says Northeast families are spending less of their income on food than other parts of the country. A study from WalletHub called States Where People Spend the Most & Least on Groceries was released on Thursday, Feb. 13. Despite higher food costs, residents in many Northeast and mid-Atlantic states spend a smaller share of their incomes on groceries compared to others. WalletHub said the cost of groceries has surged more than 25 percent since 2019, straining household…

SHARE

by Chris Spiker
Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

SHARE

by Chris Spiker
News
Musicians Push Congress To Stop Corporate Radio From Dodging Royalties Musicians Push Congress To Stop Corporate Radio From Dodging Royalties
Musicians Push Congress To Stop Corporate Radio From Dodging Royalties Hundreds of music legends and rising stars are calling on Congress to make major radio companies equitably pay artists when their songs are played on air. Popular 90s R&B group Boyz II Men met with lawmakers on Capitol Hill to advocate for the American Music Fairness Act, a bill aiming to require corporate radio stations to compensate performers while protecting small, local broadcasters. The meeting happened on Thursday, Feb. 13 to coincide with World Radio Day. The Philadelphia-based singers of the hit song "End of the Road" spoke with three leaders in the House of Represent…

SHARE

by Chris Spiker
Politics
American Teacher Marc Fogel Returns Home After Release From Russian Prison American Teacher Marc Fogel Returns Home After Release From Russian Prison
American Teacher Marc Fogel Returns Home After Release From Russian Prison Marc Fogel, a Pennsylvania teacher detained in Russia since 2021, is back in the United States following a negotiated exchange facilitated by President Donald J. Trump and his administration, officials announced on Tuesday, Feb. 12. Fogel, who had been serving a 14-year sentence for possessing medical marijuana prescribed for chronic pain, was freed after diplomatic efforts led by Trump and his Special Envoy Steve Witkoff. His return follows years of advocacy from his family and lawmakers across the political spectrum. Fogel, Family Express Gratitude In his first public remarks since return…

SHARE

by Jillian Pikora
Politics
American Teacher Marc Fogel Freed From Russia In Prisoner Exchange American Teacher Marc Fogel Freed From Russia In Prisoner Exchange
American Teacher Marc Fogel Freed From Russia In Prisoner Exchange A Pennsylvania teacher is finally free after years in a Russian prison, following a high-stakes diplomatic deal brokered at the highest levels of the U.S. government. Marc Fogel, who had been detained in Russia since 2021, is back on American soil after President Donald J. Trump and his Special Envoy Steve Witkoff orchestrated a negotiated exchange. Fogel, a former teacher at the Anglo-American School in Moscow, was serving a 14-year sentence for possessing medical marijuana prescribed for chronic pain. Witkoff left Russian airspace with Fogel earlier on Tuesday, Feb. 11, 2025, as part of…

SHARE

by Jillian Pikora
News
Gulf Of America Name Change Activated By Google Maps, FAA Gulf Of America Name Change Activated By Google Maps, FAA
Gulf Of America Name Change Activated By Google Maps, FAA The Gulf of America, the area that has been known for centuries as the Gulf of Mexico, is now being used by the US government and some online platforms. The Federal Aviation Administration (FAA) and Google Maps have implemented the controversial name change.  The shift follows an official update by the Geographic Names Information System (GNIS) and was reinforced by a proclamation from President Donald Trump, who on Sunday, Feb. 9, declared the date as the first-ever Gulf of America Day. The announcement came directly from US Transportation Secretary Sean Duffy, who posted on social m…

SHARE

by Joe Lombardi
Politics
Trump Wants US Treasury To Stop Making Pennies: Here's Why Trump Wants US Treasury To Stop Making Pennies: Here's Why
Trump Wants US Treasury To Stop Making Pennies: Here's Why President Donald Trump is calling for an end to the production of pennies, arguing that the cost of minting them far exceeds their actual value.  As he departed the Super Bowl in New Orleans on Sunday night, Trump took to Truth Social to announce his directive to halt penny production, calling it a "wasteful" government expense. "For far too long the United States has minted pennies which literally cost us more than 2 cents," Trump wrote. "Let's rip the waste out of our great nations budget, even if it's a penny at a time." The financial burden of the penny has long been debated. Acco…

SHARE

by Joe Lombardi
Police & Fire
Hudson County Pawn Shop Owner Tied To Burglary Of QB Joe Burrow's Home: DOJ Hudson County Pawn Shop Owner Tied To Burglary Of QB Joe Burrow's Home: DOJ
Hudson County Pawn Shop Owner Tied To Burglary Of QB Joe Burrow's Home: DOJ A 43-year-old North Bergen man was arrested and charged this week for serving as a fence for stolen property, including items stolen from the home of Cincinnati Bengals quarterback Joe Burrow, authorities said. Dimitry Nezhinskiy along with Juan Villar, a New York resident, ran a pawn shop in the Diamond District that worked with South American theft groups, purchasing stolen watches, jewelry and other luxury items and then reselling them in their store, John J. Durham, United States Attorney for the Eastern District of New York said. Nezhinskiy and Villar regularly served as “fen…

SHARE

by Sam Barron
Business
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices Wegmans Cracks Down On Rising Egg Costs With Super Low Prices
Wegmans Cracks Down On Rising Egg Costs With Super Low Prices If you’ve been to the grocery store lately, you might have felt some serious sticker shock in the egg aisle. Prices are climbing fast, but Wegmans is vowing to keep costs from scrambling out of control. The grocery chain, known for its loyal following and high-quality selections, says it’s holding the line on egg prices even as costs soar across the country.  "With supply fluctuating nationwide, prices are rising due to avian bird influenza and strong demand," reads a blurb on the Wegmans website in the "eggs section.  "Our New York state supplier takes every precaution to ensure…

SHARE

by Cecilia Levine
Business
Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts
Supermarkets Running Out Of Eggs As Anger, Frustration Among Americans Mounts Egg shortages driven by a devastating outbreak of avian influenza, commonly known as bird flu, have now resulted in some supermarkets running out of this beloved staple. In various grocery stores across the country, customers have encountered shelves with limited or no egg cartons available.  Customers who do find cartons available are getting sticker shock, with a dozen eggs priced as high as $15 at some stores. Some supermarkets have started setting limits on the number of cartons that may be purchased. According to data from the Bureau of Labor Statistics, the average price of a d…

SHARE

by Joe Lombardi
Business
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico
Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Just hours after a similar agreement was reached with Mexico, the United States has agreed to paused planned tariffs on Canadian goods for 30 days. The deal was reached late Monday afternoon, Feb. 3 after President Donald Trump and Canadian Prime Minister Justin Trudeau concluded their second conversation of the day. "I just had a good call with President Trump," Trudeau said in a statement announcing that Canada is implementing a $1.3 billion border plan  "reinforcing the border with new choppers, technology and personnel, enhanced coordination with our American partners, and increase…

SHARE

by Joe Lombardi
Business
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey
Valentine's Day Spending To Hit Record High—And Not Just On Romantic Partners: Survey Gift buying and date expenses for Valentine’s Day may reach new heights as Americans plan to spend more than ever on loved ones, a new survey said. US consumers will spend an estimated $27.5 billion in 2025, according to a survey from the National Retail Federation and Prosper Insights & Analytics. That would surpass the previous record of $27.4 billion in 2020 and 2024's total of $25.8 billion. Valentine's Day shoppers will spend an average of $188.81, slightly up from $185.81 in 2024. More than 56 percent plan to celebrate the holiday, an increase from 53 percent in 2024. M…

SHARE

by Chris Spiker
Business
US, Mexico Reach Deal To Delay 25% Tariffs US, Mexico Reach Deal To Delay 25% Tariffs
US, Mexico Reach Deal To Delay 25% Tariffs Mexico and the US have reached an agreement to delay steep tariffs that were set to take effect on Tuesday, Feb. 4. Click here for a new, updated story: Proposed 25% US Tariff On Canadian Goods Will Be Paused After Earlier Deal With Mexico Mexican President Claudia Sheinbaum announced the deal Monday morning, Feb 3. It will pause the 25 percent levies for a month, and follows negotiations between Mexican officials and the Trump administration on border security and drug trafficking.  Mexico committed to deploy 10,000 troops dedicated to stopping illegal drugs and migrants from…

SHARE

by Joe Lombardi
Sports
Canadian Hockey Fans Boo US National Anthem After Tariffs Ordered Canadian Hockey Fans Boo US National Anthem After Tariffs Ordered
Canadian Hockey Fans Boo US National Anthem After Tariffs Ordered In a striking display of discontent, Canadian hockey fans booed the US national anthem during NHL games, expressing their displeasure hours after President Donald Trump's newly imposed tariffs on Canadian goods went into effect on Saturday, Feb. 1.  This reaction underscores the growing tension between the two neighboring countries. At the Ottawa Senators game against the visiting Minnesota Wild, fans jeered during "The Star-Spangled Banner," signaling their frustration with the US administration's trade policies.  Similarly, in Calgary, spectators at a Flames game against the De…

SHARE

by Joe Lombardi
Business
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say
Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say US tariffs on goods from its three largest trading partners -- neighboring nations Canada and Mexico as well as China -- have gone into effect after President Trump signed an order late Saturday afternoon, Feb. 1. Canada and Mexico have been slapped with 25 percent tariffs. The rate for China, America's main economic rival, is 10 percent. Canada also has an adjusted 10 percent rate for energy products, include crude oil. Mexico and Canada account for about 70 percent of US crude oil imports. Now, many economists are warning that American consumers will be paying more for a host of staple i…

SHARE

by Joe Lombardi
Politics
Elon Musk Lieutenants Given Access To US Treasury Department’s Payments System: Report Elon Musk Lieutenants Given Access To US Treasury Department’s Payments System: Report
Elon Musk Lieutenants Given Access To US Treasury Department’s Payments System: Report Representatives from a team led by billionaire businessman and political activist Elon Musk have been granted access to the US Treasury Department’s payments system, a move that could significantly impact federal spending oversight, according to a new report. Treasury Secretary Scott Bessent authorized the change late Friday, Jan. 31, giving Musk’s Department of Government Efficiency (DOGE) team access to the federal payment system, which manages disbursements for the entire US government, The New York Times says.  The decision follows a standoff with David Lebryk, a longtime Treasury …

SHARE

by Joe Lombardi
Business
Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much
Trump Vows To Hit Canada, Mexico, China With Tariffs: Here's When, How Much Donald Trump's months-long threats of implementing tariffs on other countries are apparently hours away from becoming a reality. Click here for a new, updated story - Trump Tariffs Take Effect: Expect To Pay More For These Items, Experts Say White House Press Secretary Karoline Leavitt announced at a news conference Friday afternoon, Jan. 31 that both of America's neighbors, Canada and Mexico, will be slapped with 25 percent tariffs on goods. A third nation, China, America's main economic rival, will be hit with 10 percent tariffs. They take effect on Saturday, Feb. 1, and are "for …

SHARE

by Joe Lombardi
News
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction
Fed Pauses Interest Rate Cuts Despite Trump's Push For Immediate Reduction The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates. After three months of reductions, the Fed decided to keep the key interest rate target at 4.25 to 4.5 percent. The Fed announced the decision on Wednesday, Jan. 29, after its first meeting since President Trump returned to the White House. Chair Jerome Powell said the Fed is monitoring inflation and economic stability under the Trump administration. "We remain committed to supporting maximum employment, bringing inflation sustain…

SHARE

by Chris Spiker
Politics
Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees
Trump Calls For End To Income Tax, Offers Buyouts To 2 Million Federal Employees President Donald Trump is calling for the elimination of federal income tax, advocating for a shift to a tariff-based revenue system.  He argues that this approach, which he says previously made the US “richer” and a more “powerful” economy, would mark a pivotal turning point for the nation. "America is going to be very rich again, and it's going to happen very quickly," Trump said during a speech in Florida on Monday, Jan. 27 at the 2025 Republican Issues Conference at the Trump National Doral Miami. "Instead of taxing our citizens to enrich foreign nations, we should be tariffing an…

SHARE

by Joe Lombardi
Business
Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup
Arabica Coffee Prices Spike Amid Colombia-US Tariff Dustup Prices of Arabica coffee hit record highs in the aftermath of threats of tariffs by both the United States and Colombia after a dispute involving migrant deportation flights. Arabica futures hit a record of $3.56 in the Intercontinental Exchange on Monday, Jan. 27, a day after the back-and-forth dustup a day earlier, according to The Wall Street Journal. The previous record of $3.48 was recorded in early December. The US imports about 30 percent of its coffee from Colombia. Colombia agreed to accept the flights after earlier turning back two planes. This prompted President Donald Trump to…

SHARE

by Joe Lombardi
Politics
Colombia Agrees To Accept Migrant Deportation Flights After Trump Threatens 25% Tariffs Colombia Agrees To Accept Migrant Deportation Flights After Trump Threatens 25% Tariffs
Colombia Agrees To Accept Migrant Deportation Flights After Trump Threatens 25% Tariffs Colombia, one of the United States' key allies in Latin America, has agreed to accept migrant deportation flights after earlier turning back two planes, prompting President Donald Trump to threaten steep sanctions. Trump said Sunday afternoon, Jan. 26 that he would impose "emergency" 25-percent tariffs on Colombian goods after it blocked the flights. But negotiations between the countries led to an agreement late Sunday night and Trump withdrew the tariff threats. “The Government of Colombia has agreed to all of President Trump’s terms, including the unrestricted acceptance of all undocume…

SHARE

by Joe Lombardi
Politics
Trump Threatens 25% Tariffs After Colombia Turns Back Flights Carrying Migrants From US Trump Threatens 25% Tariffs After Colombia Turns Back Flights Carrying Migrants From US
Trump Threatens 25% Tariffs After Colombia Turns Back Flights Carrying Migrants From US President Donald Trump says he will impose 25 percent "emergency" tariffs on Colombian goods after the key South American ally refused to allow two two flights from the US carrying migrants to land. Click here for a new, updated story - Colombia Agrees To Accept Migrant Deportation Flights After Trump Threatens 25% Tariffs "The US cannot treat Colombian migrants as criminals," Colombia President Gustavo Petro said in a statement on Sunday, Jan. 26. "I deny the entry of American planes with Colombian migrants into our territory. "The US must establish a protocol for the dignifie…

SHARE

by Joe Lombardi
Business
Record-High Egg Prices Likely To See New Increases: What To Know Record-High Egg Prices Likely To See New Increases: What To Know
Record-High Egg Prices Likely To See New Increases: What To Know Across the country, grocery shoppers are facing sticker shock and empty shelves as egg prices continue to skyrocket.  Once an affordable staple, eggs have become increasingly expension -- and sometimes, even difficult to find — and the situation is only expected to worsen. The surge in egg prices is being driven by a combination of inflation and a devastating outbreak of avian influenza, better known as bird flu. The H5N1 virus, which made its way to the United States in 2022, has infected or killed millions of birds and infected many other animals In just the last three months, more…

SHARE

by Joe Lombardi
Business
Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse
Store Closings Surge To Highest Level Since Pandemic: Why 2025 Could Be Worse Retail store closures surged in 2024, reaching their highest levels since the start of the pandemic, a new study said. A total of 7,325 U.S. stores closed in 2024, driven by inflation and an increasing shift toward online shopping, according to retail data firm Coresight Research. The closings marked the steepest decline in brick-and-mortar retail since nearly 10,000 stores closed in 2020. While 5,970 stores opened—the highest yearly number since 2012—closures outpaced openings by a net loss of 1,355 stores.  "Retailers that were unable to adapt supply chains and implement t…

SHARE

by Chris Spiker
Politics
Trump Orders JFK, RFK, MLK Secret Assassination Files To Be Released Trump Orders JFK, RFK, MLK Secret Assassination Files To Be Released
Trump Orders JFK, RFK, MLK Secret Assassination Files To Be Released The declassification and release of all remaining federal records related to the assassinations of President John F. Kennedy, his brother, Sen. Robert F. Kennedy, and Dr. Martin Luther King Jr. have been ordered to be released by President Trump, who called it “long overdue” and in the public interest. The executive order, issued on Thursday, Jan. 23, mandates the Director of National Intelligence and the Attorney General to present plans for the release of these secret records. Files concerning the JFK assassination on Nov. 22 1963 are to be addressed within 15 days, while records related …

SHARE

by Joe Lombardi
Business
Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: CPSC Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: CPSC
Burn Hazards Cost Fitbit $12M+ After Delayed Smartwatch Recall: Cpsc Fitbit will pay more than $12 million for failing to promptly report that its Ionic smartwatches posed serious burn risks, officials said. Fitbit LLC, which is now owned by Google, has been fined $12.25 million to settle claims by the Consumer Product Safety Commission, the federal agency said in a news release on Thursday, Jan. 23. The defect caused the Ionic smartwatches to overheat, leading to second- and third-degree burns for some users. Between 2018 and 2020, Fitbit received multiple reports of its Ionic smartwatches overheating and injuring users, the CPSC said. In ear…

SHARE

by Chris Spiker
Business
Nationwide Recall Issued For This Corn Puff Product Nationwide Recall Issued For This Corn Puff Product
Nationwide Recall Issued For This Corn Puff Product A nationwide recall has been issued for a popular snack brand. Wismettac Asian Foods, Inc. has issued a nationwide recall of its Shirakiku brand Curvee Puffs Corn Puff Snack Curry Flavor due to undeclared milk. The FDA announced the recall on Monday, Jan. 20 after the company discovered the allergen was not listed on the packaging.  This oversight poses a serious health risk to individuals with milk allergies, potentially leading to life-threatening allergic reactions. The affected product is packaged in 2.46 oz flexible bags and bears the UPC code 07441078512, found on the back right…

SHARE

by Joe Lombardi
Politics
ICE Enforcement Allowed At Schools, Churches Under New Trump Policy ICE Enforcement Allowed At Schools, Churches Under New Trump Policy
ICE Enforcement Allowed At Schools, Churches Under New Trump Policy Federal immigration authorities now have the ability to arrest individuals in and around  schools and churches — areas previously considered sensitive.  This new policy change involving Immigration and Customs Enforcement (ICE) agents, announced on the second day of the new Trump Administration on Tuesday, Jan/ 21 by Acting Homeland Security Secretary Benjamine Huffman and represents a significant shift from long-standing guidelines. “Criminals will no longer be able to hide in America’s schools and churches to avoid arrest," Huffman said in a statement. "The Trump Administration …

SHARE

by Joe Lombardi