Import Prices Record Largest Advance Since January Imports to the United States became more expensive in August as fuel prices posted their biggest jump since January while the U.S. dollar’s value continued its southward journey.
Small- and medium-sized businesses (SMBs) are the backbone of the U.S. economy, but those businesses are being cobbled by administrative tasks. A new report by Sage Group plc shows that manual processes costs U.S businesses 4.9% of its time, or $335.3 billion in lost productivity each year.
The Sloppy Choice of Admin Credentials Means That More Equifax Hacks May Be on the Way Dozens of accounts on Equifax Inc.‘s (NYSE:EFX) network were reportedly protected by a generic login and password combination, using “admin” for both.
Despite Many Pundits Talking About Recovery, American Housing Still Lagging U.S. housing ownership has yet to approach the pre-Great Recession numbers, the United States Census Bureau finds.
Americans Face Rising Rents and Gas Prices Inflation was again up in August, making common goods more expensive for Americans. According to the latest data posted by the U.S. Bureau of Labor Statistics, the consumer price index (CPI)—a measure of inflation—went up 0.4% in August. There has been a 1.9% overall increase in prices in (more…)
Poorest Americans Often Burdened with Moving to Find Work U.S. workers with the lowest income brackets are much more likely to move around within their county to find work, further burdening poorer Americans with uprooting and upheaval, U.S. Census finds.
U.S. Looking into Just How Widespread Process of “Churning” Is Lenders are being investigated by the U.S. government-owned Government National Mortgage Association, also known as Ginnie Mae, for allegedly pressuring veteran members of the military into unnecessary mortgage refinances, which leads to little or no benefit for the veterans but generates high fees for the (more…)
About 39% of Americans Have No Money Saved At All A growing number of Americans are unable to put aside any money in savings, with over half of Americans having less than $1,000 saved.
A New Study Reveals That the Top Earners in Wisconsin Are Hoarding a Disproportionate Share of the Wealth Wisconsin has witnessed a level of growth in income inequality between its top-earners and the average resident that has not been seen for decades, according to a report released by the Wisconsin Budget Project and the Center (more…)
Cities are expected to experience a slowdown in revenue for the second consecutive year, according to research done by the National League of Cities (NLC), marking the first time that the U.S. has experienced consecutive yearly contractions since 2006.