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Tuesday, dec 17
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Tuesday, dec 17
Tag:
Economy
Schools
Sharp Drop In College Enrollment Raises Alarm
Fewer high school graduates began college this fall, with enrollment in that age group dropping 5 percent from last year, according to an analysis by the National Student Clearinghouse Research Center. Four-year institutions were hardest hit, with public colleges seeing an 8.5 percent drop in first-year enrollments and private nonprofit colleges reporting a 6.5 percent decline. This trend poses significant challenges for colleges and universities, particularly those reliant on tuition revenue. As the competition for students intensifies, institutions face mounting pressur…
Politics
Mikie Sherrill Announces Run For Governor
Rep. Mikie Sherrill, D-NJ, is the latest name to announce she is running for Governor of New Jersey. Sherrill, who was recently re-elected to a fourth term representing New Jersey's 11th Congressional District, declared her candidacy in a video on Monday, Nov. 18. Gov. Phil Murphy is not eligible to run for re-election in 2025 due to term limits. The video, "Build Something," touts her background as a graduate of the United States Naval Academy and serving as a helicopter pilot in the Navy. "In a crisis the worst thing you can do is freeze," Sherrill said. "You have to choose to lead,…
Politics
Election 2024: Trump Reclaims Presidency By Securing Wins In Key Battleground States
Crucial triumphs in the key battleground states have lifted former President Donald Trump back to the White House. The 78-year-old Trump was declared winner of the 2024 election against Vice President Kamala Harris just before dawn on Wednesday, Nov. 6. Trump has been projected to win all three "Blue Wall" states of Michigan, Pennsylvania, and Wisconsin. With big additional wins in North Carolina and Georgia, he has secured the 270 electoral votes needed to reclaim the presidency, becoming the first president who will serve non-consecutive terms since former Democratic New York Gov. Grover…
Politics
Biden Withdraws From 2024 Presidential Race, Endorses VP Kamala Harris To Be New Nominee
President Joe Biden has just announced he is pulling out of the 2024 race against Republican nominee Donald Trump. In a letter to "My Fellow Americans" released just before 2 p.m. Sunday, July 21, Biden said: “It has been the greatest honor of my life to serve as your president. “And while it has been my intention to seek re-election, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as president for the remainder of my term.” The news comes amid concerns over the 81-year-old Biden's health, which were loudly …
News
Costco Raising Membership Fees In US, Canada
The Costco Wholesale Corporation has announced membership hikes in the US and Canada for the first time in seven years, according to a news release by the company issued on Wednesday, July 10. Costco opened the release sharing a June sales growth in the US of 5.6%, which is higher than the past 44 weeks of just 4.4%, the company experienced a decrease in revenue internationally. On the heels of sharing that news, the company made the announcement about raising the membership fees in both the US and Canada beginning Sept. 1. Annual memberships are rising $5 making them $65…
News
Wall Street Investor With NJ Tie Predicts Economic Downfall
A Virginia-raised investor with a tie to New Jersey is going viral for his recent prediction on the status of the economy. “The economy is going to collapse,” Novogratz said in a Wednesday, June 15 interview with MarketWatch. “We are going to go into a really fast recession, and you can see that in lots of ways.” The Princeton University graduate's remarks came shortly before the Federal Reserve raised rates by 0.75 percent in an attempt to reduce inflation without going into a recession. Novogratz, CEO of cryptocurrency investment firm Galaxy Digital, cited layoffs in …
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