Last year, the U.S. auto industry sold 13.7 million vehicles, 8 percent fewer than in 2021 and the fewest since 2011 during the Great Recession, data firm Wards Intelligence shows.
Category: 10 January 2023
IRS: HIT THE PLANTATION WORKERS OF SLAVELANDIA, DON’T TOUCH THE RICH
In 2022, the U.S. Internal Revenue Service focused its audits on low-income individuals, according to IRS data analyzed by Syracuse University’s Transactional Access Records Clearinghouse (TRAC).
HOME PRICE RATE OF INCREASE CONTINUES TO SLOW
For the first time since November 2020, the rate of growth in home prices fell into single digits in October, slowing to 9.2 percent from a 10.7-percent pace in September, according to the S&P CoreLogic Case Shiller U.S. home price index.
U.S. ADDS 223,000 JOBS IN DECEMBER, MOST ARE PART-TIME
The U.S. economy filled 233,000 more jobs last month, dropping the unemployment rate from 3.6 percent to a 53-year low of 3.5 percent.
INFLATION HITTING MIDDLE CLASS HARDEST
The U.S. middle class lost 2.9 percent of its purchasing power in 2021, while lower-income households saw theirs rise 1.5 percent, according to a study by the Congressional Budget Office (CBO).
TOP TREND 2023, AI WILL OWN YOU: NYT TIMES PUSHES FOR AI TEACHERS
That wonderful, life-changing role model and mentor you remember from your school days?
TOP TREND 2023, MIDDLE EAST MELTDOWN: SAUDI & U.S. VS. IRAN
The one constant that unites the U.S. and its allies is war, thus the improved relationship as of late between Washington and Riyadh.
CRYPTO-POWERED FINTECH GETS A BOOST AT NCUA
The National Credit Union Administration (NCUA) has signaled greater integration of crypto financial tech innovations with the creation of several positions.
TOUGH NEW FORM OF PLASTIC BIODEGRADES IN DAYS
Scientists are hard at work devising new forms of plastic that won’t contribute to the well-documented tsunami of plastic trash engulfing the world.
A FIRST: STEM CELLS CURE HEART DEFECT
A new trial has again proven stem cells’ power to dramatically alter human health.