Year: 2025

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Strong yearly performance of the US economy

During the last quarter of 2024, the US economy grew at an annual rate of 2.3%, according to the Bureau of Economic Analysis. This expansion was below the expected 2.6% and represented a slowdown from the 3.1% increase seen in the previous quarter.In the fourth quarter of 2024, the United States economy expanded at an annualized rate of 2.3%, as reported by the Bureau of Economic Analysis. This growth rate fell short of the anticipated 2.6% and marked a deceleration from the 3.1% growth observed in the third quarter.Growth in the last quarter was mainly propelled by rises in consumer…
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Significant decline in US home sales in 2024 observed

En 2024, el mercado inmobiliario de Estados Unidos sufrió una notoria caída, con las ventas de viviendas existentes disminuyendo a niveles que no se veían desde 1995. La Asociación Nacional de Agentes Inmobiliarios informó que solo se vendieron 4.06 millones de casas durante el año, lo que representa una disminución del 0.7% respecto a 2023. Esta reducción resalta las dificultades que enfrentan tanto compradores como vendedores en la situación económica actual.Elementos que Contribuyen a la CaídaSe han señalado varios factores importantes como contribuyentes a esta desaceleración:Altas Tasas de Hipotecas: Durante 2024, la tasa promedio para una hipoteca fija a 30…
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Effects of economic data skepticism on stability

En enero de 2025, la economía de EE. UU. mostró señales mixtas, evidenciando tanto fortaleza como nuevos desafíos en múltiples sectores.Tendencias de Actividad Empresarial y EmpleoBusiness Activity and Employment TrendsConfidence and Spending of ConsumersIn January, consumer confidence decreased for the second month in a row. The Conference Board announced a drop in its consumer confidence index to 104.1, down from 109.5 in December, which did not meet economists' predictions. This decline illustrates increasing worries among Americans about present economic circumstances and future outlooks. Despite increased borrowing expenses, retail sales climbed by 0.4% in December, showing strong consumer spending over the…
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Notre Dame is from Indiana and advances to the Sugar Bowl against Georgia

Notre Dame is from Indiana and advances to the Sugar Bowl against Georgia

No. 7-ranked Notre Dame earned a decisive 27-17 victory over No. 10 Indiana in the opening game of the expanded 12-team College Football Playoff on Friday night in South Bend, Indiana. The Fighting Irish now turn their attention to their highly anticipated matchup against top-seeded Georgia in the Sugar Bowl on Jan. 1. This win marked a significant moment for Notre Dame, as they demonstrated their defensive supremacy and postseason readiness in front of their home crowd. . The game started with a bang as Notre Dame's Jeremiyah Love stunned fans with a breathtaking 98-yard touchdown run. This first play…
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European markets slide in the last full trading session of the year

European markets slide in the last full trading session of the year

European stock markets traded lower on Monday in the last full trading session of 2024, as investors braced for a quiet end to the year. The pan-European Stoxx 600 index fell 0.5% in early afternoon trading in London, with most sectors posting losses. Technology, industrial and media stocks led the declines, while oil and gas stocks managed to post gains. Trading volumes remained light as markets across the region prepared to close early or remain closed until January 2 for the New Year holidays. Despite Monday's modest performance, European stocks are on track to end the year with moderate gains.…
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Ukraine blocks the transit of Russian gas to Europe, ending decades of energy dominance

Ukraine blocks the transit of Russian gas to Europe, ending decades of energy dominance

On New Year's Day, Ukraine officially cut off the flow of Russian natural gas to several European countries, marking the end of Moscow's long-standing dominance of European energy markets. The move, which had been widely anticipated, comes as the five-year transit agreement between Russia and Ukraine expired without renewal amid the ongoing war between the two nations. At around 8am local time on Wednesday, Russian state energy giant Gazprom confirmed that gas exports to Europe via Ukrainian pipelines had stopped. This development, which follows more than three decades of transit of Russian gas through Ukraine, highlights changing energy dynamics in…
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Boise State's magical season ends with Fiesta Bowl loss, exposing flaws in College Football Playoff seeding

Boise State's magical season ends with Fiesta Bowl loss, exposing flaws in College Football Playoff seeding

One was the resilient, conference-champion team that stormed into the College Football Playoff with determination, a breakout season fueled by star running back Ashton Jeanty, and a legacy of excellence among Group of 5 programs. The other was a team outmatched, overwhelmed and wracked by mistakes in a 31-14 loss to Penn State. For Broncos fans, the outcome was bittersweet. Boise State's improbable run to the CFP quarterfinals deserves to be celebrated, but the loss also underscored the challenge of competing at the highest level against a stronger, more talented team. Penn State, the Big Ten's runner-up and No. 6…
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Border detentions in December remain stable, reaching the lowest levels since 2020

Border detentions in December remain stable, reaching the lowest levels since 2020

Border detentions for unauthorized crossings from Mexico into the United States in December showed little change from the previous month, maintaining the lowest levels since July 2020. A senior U.S. Customs and Border Protection (CBP) official, speaking on condition of anonymity, revealed Monday that December detentions are expected to finish near November's total of 46,612. The official added that preliminary data suggests around 44,000 arrests earlier this month. December marks the sixth consecutive month that detentions at the southern border were lower than the monthly averages seen in 2019, signaling a continued decline in unauthorized crossings. The official also noted…
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John Thune prepares to lead Senate majority amid political challenges

John Thune prepares to lead Senate majority amid political challenges

John Thune's political career has been defined by resilience, strategic thinking, and the ability to tackle complex challenges. After ousting Sen. Tom Daschle, the influential Democratic majority leader, in 2004, Thune quickly faced one of his toughest battles: preventing the closure of Ellsworth Air Force Base, a key economic pillar in his home state of South Dakota . Successfully fending off that threat not only ensured his political future, but also taught him lessons that would shape his rise to the Senate. Now, as Thune takes over as Senate majority leader, he faces another formidable test. Leading a chamber of…
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New York City's congestion pricing will begin amid legal challenges

New York City's congestion pricing will begin amid legal challenges

Cars traveling through Manhattan will face new tolls starting just after midnight on January 5, 2025, as New York City implements the nation's first congestion pricing plan. However, the plan continues to face legal challenges, particularly from the state of New Jersey, which argues that the program could lead to environmental damage and economic consequences beyond the river. Key details on congestion pricing Under the congestion pricing system, motorists entering Manhattan below 60th Street will pay: Peak times (weekdays 5am-9pm, weekends 9am-9pm): $9 Off-peak times: $2.25 (a 75% discount) The Metropolitan Transportation Authority (MTA) expects a 10% reduction in cars…
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