Tag Archives: Americans

Most Americans feel there’s a recession or one on the way, poll shows

Most Americans feel there’s a recession or one on the way, poll shows

The majority of Americans feel the U.S. is either in a recession, or headed towards one, according to a recent Maru Public Opinion survey compiled for Yahoo. A bit more than half of respondents say they are now stricter with their money habits. The poll of 1,512 people shows 62% feel the country is already in a period of contraction. Another 19% believe the country is headed toward one. “Based on what they’ve seen, read, heard, or are personally experiencing, two-thirds (62%) of Americans… Source link

Read More »

Why so many Americans are struggling with their mental health: Headspace CEO

Why so many Americans are struggling with their mental health: Headspace CEO

It’s no secret that the last few years have had a devastating effect on Americans’ mental health. The coronavirus pandemic was the trigger, but it’s not the only factor at play. Stock market volatility has affected finances, millions of Americans lost their jobs over the past two years, and global conflict like the Russia-Ukraine war has only added to the pressure. It’s why Headspace Health CEO Russell Glass is encouraging everyone to consider meditation. “We think about meditation… Source link

Read More »

A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

(Bloomberg) — The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer. Most Read from Bloomberg Americans’ collective net worth had been climbing at a dizzying rate for the past two years, even as families and businesses contended with the ravages of Covid-19. Households piled up an extra $38.5 trillion from early 2020 to the end of last year, bringing their collective net worth to a record $142 trillion, the Federal Reserve estimates. Just… Source link

Read More »

Why the Fed matters to regular Americans, in one stunning chart: Morning Brief

Why the Fed matters to regular Americans, in one stunning chart: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, May 20, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. For the general public, the Federal Reserve can be an intimidating and arcane subject. Why, you might ask, does it really matter what a few economists in Washington, D.C. think the right level of… Source link

Read More »

White House says 20 internet companies will provide effectively free internet to millions of Americans

White House says 20 internet companies will provide effectively free internet to millions of Americans

The Biden administration announced Monday that 20 leading internet service providers have agreed to offer basic low cost plans that will be free for millions of Americans after a refund. The 20 companies, including AT&T (T), Comcast (CMCSA), and Verizon (VZ), cover more than 80% of the U.S. population. They will immediately provide at least one plan that costs no more than $30 a month and provides download speeds of at least 100 mbps. The White House says that 40% of the U.S. population, about… Source link

Read More »

Some Americans are house hacking their way to homeownership and rent-free living

Some Americans are house hacking their way to homeownership and rent-free living

Associated Press Scholar uses trash as treasure to study life in North Korea When the waves wash trash onto the beaches of front-line South Korean islands, Kang Dong Wan can often be found hunting for what he calls his “treasure” — rubbish from North Korea that provides a peek into a place that’s shut down to most outsiders. “This can be very important material because we can learn what products are manufactured in North Korea and what goods people use there,” Kang, 48, a… Source link

Read More »

Another 185,000 Americans filed new claims last week

Another 185,000 Americans filed new claims last week

U.S. jobless claims held near multi-decade lows last week as companies worked to keep employees on their payrolls amid ongoing labor shortages. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended April 9: 185,000 vs. 170,000 expected and a revised 167,000 during prior week Continuing claims, week ended April 2: 1.475… Source link

Read More »

Americans want legal weed and we ‘need to be positioned for it’

Americans want legal weed and we ‘need to be positioned for it’

Although the House’s recent approval of the MORE Act offered marijuana advocates a glimmer of hope for federal legalization, the Senate appears to be obstinate as ever on the issue. That isn’t stopping Tilray Brands (TLRY), a top cannabis producer in Canada, from making plans for the U.S. market. “By 2030, it’s a $100 billion business out there,” Tilray Brands CEO Irwin Simon said on Yahoo Finance Live (video above). “And even if it didn’t go legal, it’s still a good-sized business. Consumers… Source link

Read More »

Another 214,000 Americans filed new claims last week

New unemployment claims improved more than expected last week, further reflecting a tight labor market and relatively low levels of firings and layoffs. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET. Here were the main metrics from the print, compared to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended March 12: 214,000 vs. 220,000 expected, 227,000 during prior week Continuing claims, week ended March 5: 1.419… Source link

Read More »

Americans warm to Biden’s approach on Russia and Ukraine

President Biden’s approval rating for his handling of Russia and Ukraine has risen 5 percentage points since the start of the war in Eastern Europe more than two weeks ago, according to a new Yahoo News/YouGov poll — including a 12-point gain among self-described independent voters. Yet spiraling gas prices, remote peace prospects and rampant U.S. partisanship make Biden’s hopes of a political turnaround seem tenuous at best. The survey of 1,623 U.S. adults, which was conducted from… Source link

Read More »