'Newsweek' reports that elevated
mortgage rates and high inflation have led to more
Americans becoming fearful about job security.
.
According to the Fannie Mae Home Purchase
Sentiment Index, people in the U.S. are also growing
more pessimistic about the housing market.
According to the Index, consumers' personal economic situations are , "showing signs of strain, including lower year-over-year household incomes and a reduced sense of job security.".
In our view, all of this points to home
purchase affordability remaining a problem
for the foreseeable future, which we forecast
will keep home sales sluggish into next year, Doug Duncan, Fannie Mae senior vice president
and chief economist, via 'Newsweek'.
The latest report shows the number
of Americans not worried about losing
their job dropped from 78% to 75%.
.
Those who expressed concern
that they might lose their job
increased from 22% to 23%.
'Newsweek' reports that the Fannie Mae Index
also showed that household income has
failed to climb in 2023, compared to previous years.
A separate Ipsos survey found
that concerns about job security
started climbing in 2022.
At the time of the survey, over 40% of those polled
expressed worry that they or someone they knew
would lose their job in the next six months.
A more recent study by Morning Consult in
June of 2023, found that 75% of people
were concerned about widespread job losses.
.
A more recent study by Morning Consult in
June of 2023, found that 75% of people
were concerned about widespread job losses.
Experts Question Claim , That Yogurt Can Help , Prevent Type 2 Diabetes.
Associated Press reports that the United States Food
and Drug Association's recently allowed yogurt
producers to claim it reduces the risk of Type 2 diabetes. .
However, at the time, the agency acknowledged
that the claim is based on limited evidence.
In 2018, Danone North America, the U.S. side
of the French firm, sought FDA clearance
for making the "qualified health claim.".
Qualified health claims lack full scientific support
but are allowed as long as manufacturers include
a disclaimer to avoid misleading the public.
Similar qualified health claims have been
allowed for dietary supplements since
2000 and for food products since 2002. .
In March of 2024,
the FDA granted
Danone's request. .
According to the FDA, there is some evidence
that eating at least 2 cups of yogurt a week
could reduce the risk of developing Type 2
diabetes, which impacts about 36 million Americans.
Critics of the FDA's decision have countered
that the claim is not based on randomized
control trials which could prove or disprove
yogurt's purported health benefits.
Critics of the FDA's decision have countered
that the claim is not based on randomized
control trials which could prove or disprove
yogurt's purported health benefits.
The Center for Science in the Public
Interest, an advocacy group, cautions
that no single food can reduce the risk of
developing a disease linked to overall diet.
AP reports that experts have expressed
concerns that the label change could encourage
people to eat yogurt high in sugar, which could
increase the risk of developing diabetes
Credit: Wibbitz Top Stories Duration: 01:31Published
FTC to Decide , Whether Noncompete Agreements , Should Be Banned.
After receiving over 26,000 public comments about the issue, the Federal Trade Commission is set to deliver its verdict on April 30, NPR reports. .
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
The commission said that if approved, the
final rule "would generally prevent most
employers from using noncompete clauses.".
Approximately one in five Americans, spanning minimum wage workers to CEOs, are subject to noncompete agreements, the FTC estimates. .
The Biden administration says that these types of agreements hurt workers by decreasing wages.
The White House also argues that these
agreements harm the U.S. economy because entrepreneurship isn't allowed to freely flourish. .
FTC Chair Lina M. Khan issued a statement when
the proposed ban was initially introduced.
The freedom to change jobs is
core to economic liberty and to
a competitive, thriving economy, FTC Chair Lina M. Khan, via statement.
Noncompetes block workers from
freely switching jobs, depriving
them of higher wages and better
working conditions, and depriving
businesses of a talent pool that
they need to build and expand, FTC Chair Lina M. Khan, via statement.
Businesses argue that noncompete agreements are essential for safeguarding investments and proprietary information.
Those businesses also question whether
the agency has the power "to regulate
such agreements," NPR reports. .
If the FTC votes to issue a final rule, enforcement wouldn't occur for 180 days,
and legal challenges would likely ensue.
Credit: Wibbitz Top Stories Duration: 01:31Published
Millennials Want a 4-Day Workweek, , Poll Indicates.
Redfield and Wilton Strategies recently conducted a poll for 'Newsweek' to find
out how Americans feel about the idea of moving toward a four-day workweek.
4,000 U.S. voters were
surveyed between April 6 and 7.
63% were in favor of a four-day workweek.
46% think the model makes
employees more productive.
Out of all age groups surveyed,
millennials accounted for 74% of those
who want to work less hours.
Of that 74%, 44% "were strongly in favor of a shorter working week," 'Newsweek' reports.
50% of people born in 1964 and before supported a four-day workweek.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The results come as more companies are adopting shorter workweeks, and politicians are pushing to advance the trend in Congress.
The sad reality is, Americans now
work more hours than the people
of most other wealthy nations, Bernie Sanders, via March 2024 health committee hearing.
Lisa Countryman-Quiroz, CEO of non-profit JVS, called a 5-day, 40-hour workweek outdated.
The five-day workweek was created in a
different time. It served its purpose, but
today's world is more fast-paced and
technology-driven than our workplace
predecessors could have imagined, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
Since implementing a
four-day workweek, our
results have been incredible. , Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'.
We've found our employees are more
productive, report better work-life balance,
and experience less burnout. Incredibly, our
turnover rate has been cut nearly in half, Lisa Countryman-Quiroz, CEO of non-profit JVS, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
Biden Looks to Energize , Young Voters With Earth Day , Solar Energy Grants.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
NBC reports that President Joe Biden will mark
Earth Day with the announcement of $7 billion
in federal grants for residential solar projects.
The grants will bring solar energy
to over 900,000 households in both
low- and middle-income communities. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
According to senior administration officials, the
projects receiving additional funding will reduce emissions
by 30 million metric tons and save $350 million every year. .
NBC reports that solar power has gained
traction as a clean energy source that could
help reduce U.S. reliance on fossil fuels.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
However, the high cost of initial installation
makes solar energy inaccessible
for many households in the U.S.
49 of the new grants will be awarded at
the state level, six more will serve Native American
tribes and another five are multi-state awards.
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
The grants will be used for renewable
investments that include rooftop solar
and community solar gardens. .
Officials say that the latest environmental
announcements are part of an effort to energize
young voters ahead of his upcoming reelection campaign.
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
Biden also reportedly plans to expand the
American Climate Corps green jobs training program,
which was created last year by executive action. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda. .
The corps, which will offer nearly 2,000 positions across
36 states, is meant to offer young Americans the chance
to help enact the Biden administration's climate agenda.
Credit: Wibbitz Top Stories Duration: 01:31Published
March Retail Sales , Exceeded Expectations.
New Commerce Department data surprised
some analysts on April 15, 'The Hill' reports. .
The agency's latest estimates indicate
that March retail sales increased by 0.7%.
They were only expected
to rise 0.3% last month.
While sales exceeded estimates for March, the jump
was still below the 0.9% increase in February.
Compared to the same time last year, total sales
for the first three months of 2024 were up 2.1%.
On April 10, the Labor Department released data showing that inflation rose last month. .
The consumer price index (CPI)
increased 0.4% in March and 3.5% annually.
In February, consumer prices
increased 3.2% year-over-year. .
Still, the newest Commerce Department data suggests that Americans continue to spend despite prolonged inflation, 'The Hill' reports.
Credit: Wibbitz Top Stories Duration: 01:30Published
Recent Polls Show , Joe Biden Holds a Slight Lead , in Upcoming Presidential Election.
'Newsweek' reports that a series of recent polls have
placed current United States President Joe Biden with
a significant lead over his opponent Donald Trump.
'Newsweek' reports that a series of recent polls have
placed current United States President Joe Biden with
a significant lead over his opponent Donald Trump.
Here are some of the recent poll
results in favor of Biden for reelection. .
Florida Atlantic
University/Mainstreet, This poll gave Biden a slight edge with
47% of voters over 45% for Trump.
Florida Atlantic
University/Mainstreet, This poll gave Biden a slight edge with
47% of voters over 45% for Trump.
RMG Research, This poll of 1,679 voters also had Biden
holding a narrow 44% to 43% lead over Trump. .
RMG Research, This poll of 1,679 voters also had Biden
holding a narrow 44% to 43% lead over Trump. .
Ipsos, This poll found that 41%
of registered voters would support
Biden, compared to just 37% for Trump.
Ipsos, This poll found that 41%
of registered voters would support
Biden, compared to just 37% for Trump.
Quinnipiac University, This March 27 poll found that Biden
had a 3% lead with 48% of voter
support, compared to Trump's 45%.
Quinnipiac University, This March 27 poll found that Biden
had a 3% lead with 48% of voter
support, compared to Trump's 45%.
Marquette Law School, This poll resulted in Biden holding
a narrow lead of 45% of voters versus
44% of voters supporting Trump.
Marquette Law School, This poll resulted in Biden holding
a narrow lead of 45% of voters versus
44% of voters supporting Trump.
Marist College, This NPR study of 1,305 people ended
up with Biden gaining 50% of registered
voter support, compared to Trump's 48%. .
Marist College, This NPR study of 1,305 people ended
up with Biden gaining 50% of registered
voter support, compared to Trump's 48%. .
Experts caution that it remains too early to call the election in favor of either candidate, as other polls have former president Trump polling higher than Biden. .
Experts caution that it remains too early to call the election in favor of either candidate, as other polls have former president Trump polling higher than Biden. .
'Newsweek' reports that Heath Brown, an associate
professor of public policy at City University of New York,
points out that the presidential race remains "very close.".
'Newsweek' reports that Heath Brown, an associate
professor of public policy at City University of New York,
points out that the presidential race remains "very close.".
The polling over the last several months
indicate this is a very close race. I wouldn't
read too much into any one or two polls
at this point. The trend seems to be
that the campaign will be a very tight
one and I suspect the polls will
reflect that until November, Heath Brown, an associate professor of public
policy at City University of New York, via 'Newsweek'.
The polling over the last several months
indicate this is a very close race. I wouldn't
read too much into any one or two polls
at this point. The trend seems to be
that the campaign will be a very tight
one and I suspect the polls will
reflect that until November, Heath Brown, an associate professor of public
policy at City University of New York, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
Ukraine is the favourite candidate country to join the EU for European voters, an exclusive IPSOS/Euronews poll reveals but the bloc's enlargement is not among citizens' top priorities ahead of next June's EU elections
Credit: euronews (in English) Duration: 02:42Published
Most of the respondents of an exclusive poll for Euronews by IPSOS say support to Ukraine should continue. But they are in two minds about whether it should be a priority for the next mandate.
Credit: euronews (in English) Duration: 02:47Published
Polls Suggest Biden , May Be Pulling Ahead of , Trump in Upcoming Election.
With just eight months to go before November's
United States presidential election, President Joe Biden
has taken a narrow lead over Donald Trump in two polls.
With just eight months to go before November's
United States presidential election, President Joe Biden
has taken a narrow lead over Donald Trump in two polls.
'Newsweek' reports that both a Reuters/Ipsos poll
and a Civiqs/Daily Kos poll predicted a narrow win
for Biden in the presidential election rematch.
The Reuters/Ipsos poll, which was conducted
between March 7 and 13, found Biden securing
39% of the vote and Trump garnering just 38%.
The Reuters/Ipsos poll, which was conducted
between March 7 and 13, found Biden securing
39% of the vote and Trump garnering just 38%.
The Civiqs/Daily Kos poll,
held between March 9 and 12, saw Biden
winning with 45% of the vote to Trump's 44%.
The Civiqs/Daily Kos poll,
held between March 9 and 12, saw Biden
winning with 45% of the vote to Trump's 44%.
The news comes after Biden's latest State of
the Union speech received positive reviews
from both experts and the American public.
Biden reportedly used the
opportunity to address concerns
regarding his advanced age. .
In my career I've been told
I'm too young and I'm too
old. Whether young or old,
I've always known what endures, Joe Biden, President of the United States, via 'Newsweek'.
'Newsweek' reports that Biden's approval rating
currently stands at 38.4%, according to national
average calculations by poll aggregator FiveThirtyEight.
The same calculations found that 55.7% of
voters disapprove of Biden's administration.
Experts point out that much could change in
the eight months between now and the election. .
I wouldn't invest too much
in any given poll or even a handful
of polls. Both campaigns know this
race is just about tied right now,
will likely remain that way for a while, and
are executing their strategies accordingly, Heath Brown, associate professor of public policy
at City University of New York, via 'Newsweek'.
I wouldn't invest too much
in any given poll or even a handful
of polls. Both campaigns know this
race is just about tied right now,
will likely remain that way for a while, and
are executing their strategies accordingly, Heath Brown, associate professor of public policy
at City University of New York, via 'Newsweek'
Credit: Wibbitz Top Stories Duration: 01:31Published
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