Economy

In Union County, South Carolina, the once-thriving cotton mills that provided livelihoods for many have long disappeared. The county is now classified as a "food desert," meaning that many of its residents live far from the nearest grocery store. Recognizing this issue, local non-profit leader Elise Ashby took action in 2016, collaborating with farmers to distribute discounted boxes of fresh produce throughout the county, where approximately 30% of the population is Black and around 25% live in poverty.Ms. Ashby originally financed the project using her own savings and minor grants. In 2023, her work saw a substantial advancement when the…

In Union County, South Carolina, the cotton mills that once sustained the economy and offered jobs have vanished over time. Today, this area is designated as a "food desert," indicating that numerous inhabitants reside a considerable distance from the nearest supermarket. Observing this problem, community non-profit leader Elise Ashby initiated a project in 2016. She partnered with local farmers to deliver affordable boxes of fresh fruit and vegetables across the county, which has a demographic where nearly 30% of the population is Black and approximately 25% are living below the poverty line.At first, Ms. Ashby financed the project using her…

El presidente Donald Trump, quien lleva un mes de su segundo mandato, enfrenta un creciente descontento de los estadounidenses debido al aumento de precios. Durante su campaña, Trump aseguró en múltiples ocasiones que reduciría la inflación de inmediato, prometiendo que el alivio comenzaría "desde el primer día". No obstante, los precios al consumidor siguen en aumento, lo que ha dejado a muchos ciudadanos dudando de su capacidad para cumplir con sus ambiciosas promesas económicas.President Donald Trump, now one month into his second term, is facing mounting frustration from Americans over rising prices. During his campaign, Trump repeatedly promised to lower…

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…

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…

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…

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…

In a world where media outlets are often driven by corporate agendas, independent news publications offer a refreshing perspective on current events. These platforms pride themselves on delivering accurate, unbiased reporting, providing readers with the opportunity to form their own opinions based on the facts. Here’s a look at five top independent news sources in the USA that are worth following:1. United States News (unitedestatesnews.com)Known for its timely updates and in-depth analysis of both national and international affairs, United States News offers readers a comprehensive overview of political, economic, and social issues. With a commitment to presenting news without the…

In a landscape where media channels frequently operate under corporate influences, independent news publications deliver a refreshing viewpoint on contemporary affairs. These platforms take pride in offering precise, impartial reporting, allowing their audience to develop their opinions informed by the facts. Explore these five premier independent news sources in the USA that are well worth your attention:1. United States News (unitedestatesnews.com)Renowned for delivering prompt updates and thorough explorations of both domestic and global matters, United States News grants its readers a holistic view of political, economic, and societal topics. Dedicated to sharing information free from corporate sway, it serves as…