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Home » Business News

Business News

New Child Tax Credit Could Pass This Month. Here’s What It Would Do For Low-Income Families.

Published by josie@omahadail... on Wed, 01/31/2024 - 2:42pm

Expanded access to the child tax credit could be on the horizon for the country’s lowest-income families through a new bipartisan deal announced Tuesday. 

  • Read more about New Child Tax Credit Could Pass This Month. Here’s What It Would Do For Low-Income Families.

Don’t Let ‘FDA-Approved’ Or ‘Patented’ In Ads Give You A False Sense Of Security

Published by jason@omahadail... on Sat, 01/20/2024 - 3:00am

If you’ve ever reached for a bottle of moisturizer labeled “patented” or “FDA approved,” you might want to think twice. In a recent study of hundreds of advertisements, I found that supplements and beauty products often misleadingly use these terms to suggest safety or efficacy.

  • Read more about Don’t Let ‘FDA-Approved’ Or ‘Patented’ In Ads Give You A False Sense Of Security

From Housing To Energy To Food, US Inflation Picks Up, Though Some Costs Rise Only Mildly

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

WASHINGTON (AP) — Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve's drive to slow inflation to its 2% target will likely remain a bumpy one.

Last Thursday's report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists' forecasts.

  • Read more about From Housing To Energy To Food, US Inflation Picks Up, Though Some Costs Rise Only Mildly

Hospitality Workers’ Wages Are Rising Faster Than High Earners’ In Most States

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

Pay hikes over the past four years have lifted the wages of people who work in hospitality — the nation’s lowest-paid industry — nearly 30% on average, reversing much of the wage inequality that has been growing for decades in the United States.

In 40 states, even those that haven’t raised their minimum wage beyond the $7.25 federal floor, the recent pay jumps outpaced those of earners in each state’s highest-paying industry, usually energy, technology or the federal government.

  • Read more about Hospitality Workers’ Wages Are Rising Faster Than High Earners’ In Most States

How Do Americans Define Financial Freedom?

Published by josie@omahadail... on Tue, 01/16/2024 - 5:00am

Americans with limited savings stress about their finances for nearly an entire work month (18.63 days) each year. A third (33%) feel paralyzed to act when a financial disruption occurs.

Commissioned by Best Egg and conducted by OnePoll for Financial Wellness Month, a survey of 2,000 United States adults with less than two months of liquid savings or assets on hand found that while their finances are often top of mind, few are prepared for the possibility of unexpected expenses.

  • Read more about How Do Americans Define Financial Freedom?

With Higher Fees And More Ads, Streaming Services Like Netflix, Disney+ And Hulu Are Cashing In By Using The Old Tactics Of Cable TV

Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am

(U.S. Sen. John Kerry grills representatives from the cable industry during a 1990 hearing on consumer protections. C-SPAN)

  • Read more about With Higher Fees And More Ads, Streaming Services Like Netflix, Disney+ And Hulu Are Cashing In By Using The Old Tactics Of Cable TV

US Employers Add A Surprisingly Strong 216,000 Jobs In A Sign Of Continued Economic Strength

Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am

WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.

  • Read more about US Employers Add A Surprisingly Strong 216,000 Jobs In A Sign Of Continued Economic Strength

Nebraska Business Hall Of Fame To Induct New Members

Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am
Lance Fritz

LINCOLN — The Nebraska Business Hall of Fame is poised to get a new wave of inductees.

Set to join the distinguished group of business leaders: Sid Dinsdale, Pinnacle Bancorp Inc., Lincoln; Lance Fritz, Union Pacific Railroad Co., Omaha; Hornady Family, represented by Steve and Jason, Hornady Manufacturing Co., Grand Island. 

  • Read more about Nebraska Business Hall Of Fame To Induct New Members

Wealth Taxes, Economic Outlook

Published by josie@omahadail... on Tue, 01/09/2024 - 5:00am

December’s newsletter from Dr. Goss of Creighton sees him talking about the US federal debt, which is currently at $33 trillion, and is creeping towards 34. Goss points out the fact that the yearly interest “now exceed[s] the nation’s annual defense budget.”

  • Read more about Wealth Taxes, Economic Outlook

4 Things That Could Impact Your Credit In 2024

Published by jason@omahadail... on Thu, 01/04/2024 - 10:33pm

Most Americans are trying to improve their credit, a survey from NerdWallet found, but they could face several obstacles along the way. Factors such as lingering holiday debt, credit card delinquencies and the return of student loan payments are some of the possible threats to credit scores and reports in 2024. But planning for these circumstances can help people avoid surprises and take the appropriate steps to protect their credit.

  • Read more about 4 Things That Could Impact Your Credit In 2024
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