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America’s job growth has flatlined — and Mark Zandi believes June may have been the start of a recession

by admin | Sep 5, 2025 | blog

The U.S. economy added just 22,000 jobs in August, and prior months were revised lower again, signaling a recession may have already started. Last month’s gain was well below expectations of about 75,000, and the unemployment rate rose to 4.3%, the highest it has been...

Connecticut, Rhode Island, reeling wind giant Orsted sue Trump administration for canceling nearly finished offshore projects

by admin | Sep 5, 2025 | blog

Connecticut, Rhode Island and the developer of an offshore wind farm that would power 350,000 homes in the two states said Thursday that they’re suing the Trump administration for stopping the nearly completed project. Rhode Island Attorney General Peter Neronha...

Oregon-based ‘cork dork’ celebrates Portugal’s vital exemption from Trump tariffs after he lobbied hard for wine carveout

by admin | Sep 5, 2025 | blog

U.S. winemakers have something to celebrate: the corks they’re popping aren’t subject to tariffs. Cork comes from the spongy bark of the cork oak tree, which is primarily grown and harvested in the Mediterranean basin. The framework trade agreement between the United...

Yieldstreet tell investors in $89 million worth of marine loans to expect losses

by admin | Sep 5, 2025 | blog

Cargo containers stacked aboard a ship at the Jakarta International Container Terminal in Tanjung Priok Port on Aug. 7, 2025.Str | Afp | Getty ImagesThe private market assets platform Yieldstreet struck a deal to recoup some of its legal expenses for an ill-fated...

What caused the historic LA wildfire? The federal government accuses Southern California Edison

by admin | Sep 5, 2025 | blog

The federal government filed two lawsuits Thursday against Southern California Edison, alleging the utility’s equipment sparked fires including January’s Eaton Fire in the Los Angeles area, which destroyed more than 9,400 structures and killed 17 people. “The lawsuits...

Bilingual AI boosts Hispanic homeownership even as federal housing agencies moves to English-only services

by admin | Sep 5, 2025 | blog

For many Hispanics the road to homeownership is filled with obstacles, including loan officers who don’t speak Spanish or aren’t familiar with buyers who may not fit the boxes of a traditional mortgage applicant. Some mortgage experts are turning to artificial...
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