'The Big Money Show' panelists break down the latest Census Bureau report showing median household income reached a record high in 2025, while the official poverty rate dipped to its lowest on record. 00:00 - Record Median Household Incomes 01:05 - The Closing Gender Pay Gap 01:37 - Inflation's Impact on Real Wages 02:41 - Black American Households See Largest Gains 03:45 - The Housing Affordability Crisis 04:28 - Mobility and the American Dream
M2 Communities CEO Mitch Roschelle analyzes the stagnant real estate market, homebuilder pricing strategies and housing affordability gaps under high mortgage rates.
An Ohio Sunoco did not charge $9.99 for regular gas; an employee said the unusual display appeared because the station’s tank was empty. Photos posted Saturday showed the Gibsonburg station advertising regular gasoline at $9.99 and diesel at $6.89, Newsweek reported. A station employee offered a simpler explanation Sunday. The regular-gas tank was empty, the […] The post Ohio Sunoco’s $9.99 gasoline display pointed to empty tank, worker says appeared first on American Almanac .
An Ohio Sunoco did not charge $9.99 for regular gas; an employee said the unusual display appeared because the station’s tank was empty. Photos posted Saturday showed the Gibsonburg station advertising regular gasoline at $9.99 and diesel at $6.89, Newsweek reported . A station employee offered a simpler explanation Sunday. The regular-gas tank was empty, the employee said, so the displayed figure was not an actual sale price. The images spread quickly after Ohio lawyer and political commentator Tom Renz posted them on X. Radio host Alex Jones shared the pictures, and the original post topped 770,000 views by Sunday. The distinction matters because fuel costs were already rising. AAA listed the national average at $4.48 Sunday, while…Open
Tanger CEO Stephen Yalof discusses the Fed's decision to raise rates for the first time in three years and what consumers and shoppers are looking for in today's market on 'The Claman Countdown.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #theclamancountdown #tanger #stephenyalof #federalreserve #fed #interestrates #rates #economy #business #retail #consumers #shopping #shoppers #spending #markets #finance #money #inflation #economics
NPR says the Federal Reserve raised interest rates by a quarter point, aiming to curb inflation while households face higher mortgage and credit-card costs. An NPR explainer said the Fed approved its first rate increase of 2026 on Wednesday, lifting its rate by 0.25 percentage point. The move matters because the Fed uses higher rates […] The post How the Federal Reserve rate hike reaches mortgages and credit cards appeared first on American Almanac .
NPR says the Federal Reserve raised interest rates by a quarter point, aiming to curb inflation while households face higher mortgage and credit-card costs. An NPR explainer said the Fed approved its first rate increase of 2026 on Wednesday, lifting its rate by 0.25 percentage point. The move matters because the Fed uses higher rates to raise borrowing costs. The goal is to cool spending and slow price increases that have strained household budgets. That quarter-point increase does not appear as one uniform charge on every loan. Instead, the Fed expects its action to work through borrowing costs across the economy. A quarter-point increase is meant to cool spending The Federal Reserve has two stated jobs: maintaining stable prices…Open
Data: Financial Modeling Prep ; Chart: Erin Davis/Axios Visuals The stock market soared during the first 20 months of President Trump's second term, but slightly underperformed the same period of his first term. Why it matters: Trump considers the stock market to be a proxy for the economy, even though many economists disagree. By the numbers: The S&P 500 rose nearly 27.6% between inauguration day and this past Friday's close, compared to 28.5% during his first term. - The gap at 20 months is closer than it was at the one-year mark , with Trump 2.0 leapfrogging former President Biden but still trailing former President Obama. Zoom in: Trump 2.0 also trails Trump 1.0 in terms of Dow Jones Industrial Average and Nasdaq Composite…
Okay so...diesel prices are skyrocketing, *isolated* fuel outages are being reported across Michigan, Florida, and Texas, airlines are cutting flights, and social media has been flooded with calls for truckers to park their rigs beginning October 1. And no, there is no ~officially confirmed~ nationwide trucker strike—but when operating costs exceed what a load pays...does it really matter? Trucks can be priced out of being operational. In this follow-up investigation, we examine America’s tightening diesel supply, refinery disruptions in the Midwest, Saudi Arabia’s canceled oil shipments to Europe and the ongoing and recent attacks on their infrastructure, the declining Strategic Petroleum Reserve, Iran’s heavily subsidized…
Florida’s seasonally adjusted unemployment rate was down slightly last month, decreasing from 4.6% in July to 4.5% in August. Meanwhile, the national seasonally adjusted unemployment rate was 4.1% in August.
American manufacturing contracted for the first time this year in August, with motor vehicles and aerospace dragging factory output down 0.3 percent and pushing capacity utilization to its lowest point in five months. The Federal Reserve's latest industrial production report, released Friday, showed U.S. factories reversing course after seven straight months of gains. Manufacturing output […] The post U.S. factory output drops in August, snapping seven-month streak as auto and aerospace production slide appeared first on American Almanac .
American manufacturing contracted for the first time this year in August, with motor vehicles and aerospace dragging factory output down 0.3 percent and pushing capacity utilization to its lowest point in five months. The Federal Reserve's latest industrial production report, released Friday , showed U.S. factories reversing course after seven straight months of gains. Manufacturing output had ticked up 0.2 percent in July. August's 0.3 percent decline wiped out that momentum and raised fresh questions about the durability of any domestic production recovery. Two sectors did the most damage. Motor vehicles and parts production fell 1.2 percent, the second consecutive monthly drop, after a 0.8 percent decline in July. Aerospace and…Open
