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January, 2024

  • 28 January

    Federal Reserve’s Key Inflation Gauge Sees 0.2% Uptick in December, Registers 2.9% Annual Increase

    -Editorial The latest data on inflation, released on Friday, revealed a moderation in the rate of price increases as 2023 concluded. In December, the Commerce Department’s personal consumption expenditures price index, a crucial metric for the Federal Reserve, rose by 0.2% every month and 2.9% annually, excluding food and energy. …

  • 23 January

    FTC’s CARS Rule Aims for Transparency, Faces Legal Hurdles

    -Editorial The thought of driving off the lot in a new car can be both stressful and exhilarating. But if the dealer engages in dishonest practices, the process can get as stressful as a pile-up on your morning commute.  The FTC’s Combating Auto Retail Scams (CARS) Rule, which was announced …

  • 19 January

    Overdraft fees could drop to as low as $3 under White House Proposal

    -Editorial The cost to overdraw a bank account could drop to as little as $3 under a proposal announced by the White House, the latest effort by the Biden administration to combat fees it says pose an unnecessary burden on consumers. Research shows that fees charged at the back end …

December, 2023

  • 29 December

    Data Reveals Robust Retail Sales During Holiday Season

    -Editorial According to preliminary insights from Mastercard SpendingPulseTM, U.S. retail sales excluding automotive increased +3.1% year-over-year this holiday season, running from November 1 through December 24. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and is not adjusted for inflation. “This holiday season, the consumer …

  • 27 December

    USCIS Increases Premium Processing Fees: What You Need to Know

    -Editorial The U.S. Citizenship and Immigration Services (USCIS) has announced a final rule to adjust the filing fee for Form I-907, Request for Premium Processing, due to inflation. Effective February 26, 2024, this adjustment impacts various eligible forms and categories. The USCIS Stabilization Act initiated the existing premium processing fees, …

  • 26 December

    Legendary Mexican Airline Flies Again After More Than a Decade

    -Editorial Despite bad weather that ruined Mexicana de Aviación’s first major flight in more than a decade, it was a historic day for Mexico as the legendary airline flew once again. Mexican de Aviación took to the skies once again thanks to the initiative of the President of Mexico, Andres …

  • 22 December

    Study Reveals Which Applications Share Personal Information

    -Editorial A new study has revealed which popular apps collect and share the most personal data with third parties. Spotify, the music streaming giant, has been revealed as one of the apps sharing most of your data with third parties. The study, by database experts SQL Server Consulting, analyzed the …

  • 18 December

    Two Demands Designed to Spur Chaos at the Border and Worse Politics for Democrats in 2024

    -Editorial During the current U.S. Senate deliberations on immigration legislation, it becomes increasingly apparent that not all participating parties are aligned in their objectives. Two proposals stand out for diverging from the common aim of easing border tensions through orderly, legal entry. Instead, these measures appear intentionally crafted to exacerbate …

  • 10 December

    Statewide Briefing Addresses Storm Season Safety in California

    -Editorial Ethnic Media Services and California Black Media collaborated with Listos California at the California Governor’s Office of Emergency Services (Cal OES) to organize an essential statewide ethnic media briefing focusing on Storm Season Safety. California confronted a tumultuous 2022-23 with a series of over a dozen atmospheric rivers, leaving …

  • 10 December

    Gen Z is Tightening its Belt, with 73% Modifying Lifestyles Due to Inflation

    -Editorial About 85% of Gen Zers cite one or more barriers to achieving financial success. Topping the list is the higher cost of living, cited by 53% of respondents to Bank of America’s annual Better Money Habits survey. The new research provides timely insights into approaches this younger generation is …