Application deadline for $500 monthly Chicago cash assistance program is Friday

Application deadline for $500 monthly Chicago cash assistance program is Friday Friday is the final day Chicago residents can apply for the city’s $500 monthly cash assistance program. CHICAGO – Friday is the final day Chicago residents can apply for the city’s $500 monthly cash assistance program. The Chicago Resilient Communities Pilot program was created … Read more

Inflation will be hard to control if it gets ‘out of hand’: Harvard economist

> Inflation will be hard to control if it gets ‘out of hand’: Harvard economist – YouTubeYouTube 運作方式測試新功能 .

Nine Worrying Signs About the Economy

Sign up for Derek’s newsletter here. The American economy isn’t looking great right now. US GDP shrank last quarter, despite a hearty showing from American consumers. Inflation is high; markets are down; both wages and personal-savings rates show some troubling statistical signals. Is the US destined to have a recession in 2022? I don’t know … Read more

Record-high gas prices are eating into Americans’ spending, JPMorgan says

In a report shared first with CNN, JPMorgan analyzed Chase card spending data and estimated that the 20% spike in gas prices since the war in Ukraine began is lowering non-gas consumption by about $9.6 billion a month. “Despite the buffer of excess savings, elevated gas prices nevertheless appear to be weighing on real consumption,” … Read more

Twitter, Affirm, Robinhood and more

Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the platform. Affirm Holdings (AFRM) – Affirm reported a … Read more