Several economists took the knife to their second-quarter GDP forecasts in the wake of a disappointing consumer spending report that has added to concerns about a slowdown for the US economy. Some forecasters even think the world’s biggest economy will contract for the second consecutive quarter, passing the threshold for a technical recession. Personal consumption
Month: June 2022
CheckMate is a weekly newsletter from RMIT FactLab which recaps the latest in the world of fact checking and misinformation, drawing on the work of FactLab and its sister organisation, RMIT ABC Fact Check. You can read the latest edition below, and subscribe to have the next newsletter delivered straight to your inbox. CheckMate July 1, 2022 This week, CheckMate takes an
AMARILLO, Texas (KFDA) – Bike and Build has made it’s stop in Amarillo to help Habitat for Humanity build a home, despite the rise of lumber prices, for a family who has volunteered over 1,000 hours with them. Habitat for Humanity is a non-profit that helps build homes and bring people together to build homes,
U.S. Rep. Suzanne Bonamici greets House Majority Leader Steny Hoyer at Analog Devices Inc.’s chip factory near Beaverton on June 30.Mike Rogoway/The Oregonian U.S. House Majority Leader Steny Hoyer toured a Washington County chipmaker Thursday and urged Congress to act quickly to pass a long-delayed, $52 billion incentive package for domestic semiconductor manufacturers. “If we
A study reveals an unprecedented change in the fire regime in Europe which is related to climate change. The affected areas are in Southern, Central and Northern Europe but this historical change in Europe’s fire regime is more intense in the Mediterranean area. The study, published in the journal Scientific Reports, is led by Jofre Carnicer,
MIAMI – Jessy is facing what many in South Florida are experiencing – a rental affordability crisis. “I’m in the predicament. Am I able, is it feasible, or am I going to have to move or am I going to have to leave the country?” she wondered. Jessy found herself paying more rent after leaving
(Update: Adding Oregon Office of State Fire Marshal statement) SALEM, Ore. (KTVZ) — The Oregon Fire Chiefs Association on Thursday welcomed the Oregon Department of Forestry and Oregon State University College of Forestry’s rollout of the Oregon Explorer Wildfire Risk Map. The statewide, interactive map was created through the passage of Senate Bill 762 (passed
Lumber prices surged more than 7% on Thursday to $638 per thousand board feet, representing the biggest daily gain for the essential building commodity in months. The rally in lumber prices came as mortgage rates fell for the first time in four weeks, according to data from Freddie Mac. The average 30-year fixed mortgage rate
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