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Economic News Reports

Tips On How To Sensibly Avoid Credit Card Debt



Credit card debt is one of the worst problems a person can have. Nowadays, thousands of Americans are struggling with it and many believe that it is irreparable. Debt just seems to put a damper on everything you do in your day to day life, food doesn't taste the same, going out for dinner is a struggle and even buying your kids a few gifts seems like a bit too much. So, why not avoid getting into debt all together? Holly Johnson from The Simple Dollar tells us that “Americans continue to dig a deeper hole when it comes to credit card debt . According to the Federal Reserve and other government statistics, our penchant for indebtedness means that the average household now owes $7,281 in credit card debt alone. But here’s the thing – that average includes even those who carry no debt at all. So when you take out the households and families that don’t carry a balance on any of their credit cards, the Average outstanding balance surges to $15,609.” This is a very troubling statistic due to the fact that Americans are burying themselves deeper in debt instead of learning from their mistakes. To avoid these credit card debt mistakes, here is short list of tips to avoid credit card debt:

1. Try not to miss any payments

Missing payments on your credit debt is a dangerous thing to do. Often times, the first thing people ask when it comes to credit card debt and missing payments is can you go to jail for credit card debt ? Erica Sandberg from Credit Cards dot com gives us a very straightforward answer, “If you're worried about spending time behind bars for not paying your credit card debt, know that there is no debtor's prison in the United States. However, there are other legal repercussions of which you should be aware. A creditor can sue you in a court of law, and if they are granted a judgment, they may be able to garnish your wages or take nonexempt property and assets. Living debt free is within every card holder's capability. The key is to always be aware of charging and balances, and address credit problems immediately.” Even though you can't go to jail should you have debt problems it is probable that you have big issues to worry about. Your creditors have the power to sue you in order to seize assets or garnish wages, so, in essence, these creditors have the power to take your home and leave you out on the street.

2. Only charge what you can afford to make payments on

Before you swipe your card and spend more than you should, think about what you're doing. Spending more than what you can afford to pay will set yourself up for problems. Since knowing how much you can afford to charge on your credit card is something completely subjective it is important to do some research. Not everyone will have the same budget, it all depends on how much you spend, your income, your credit limit and any other credit card balances you may have.

3. Limit your number of credit cards

Knowing how many credit cards you should have in order to avoid credit debt is something many people take too lightly. Most households in the US have multiple credit cards that are used almost everyday. Taking into account what was said in tip #1, having multiple credit cards can be difficult to manage and complete payments on time in hard times. Robinspost.com recently talked about a troubling trend surging among debt collectors The Federal Trade Commission and a number of other law enforcement agencies have taken action against 30 debt collectors accused of deceptive and abusive tactics, including harassing phone calls and false threats of litigation, arrest, and wage garnishment. Some of the collectors are accused of knowingly attempting to collect so-called phantom debts – phony debts that consumers do not actually owe. Others failed to give consumers legally required disclosures and notices, or to follow state and local licensing requirements.”   The more credit cards you have under your name, the higher the risk of something like this happening to you. It is simple, if you only have 1-2 credit cards then it should be easier for you to stay up to date with your credit card debt balances and payments.

Make a Budget


Making a budget is one of the most under appreciated aspects of avoiding debt. When you have a budget, it gives you a clear picture of what you should spend money on and what seems like overkill. Making a budget is fairly easy, it takes a short amount of time and the use of a calculator.   Start off with your base income, and start subtracting the money you're spending each month. If you end up with a negative number, then you know you have to change something in order to save money. The most important thing about finances is knowing that you cannot spend more money than what you make. A budget will give you straightforward answer to the question “where is my money going?”. At the end of the day, it's always better to avoid a problem if you can. The worst thing you can possibly do is ignore the situation and hope it goes away. This is a serious issue because you are doing nothing to improve your credit card debt situation. Not
avoiding credit card debt and simply making the minimum payments will not get you very far. The majority of the cash you pay goes towards the interest rates. This means that your only providing your creditors with profit instead of helping yourself out of the debt trap. So before you decide to swipe that credit card be certain to refer to our these helpful tips. Debt Relief Options When people find themselves in deep with their credit card debt the usually do one of these things listed:
    File Bankruptcy (Chapter 7 or Chapter 13)
    Debt management program
    Debt settlement / Debt negotiation
    Take out a Personal Loan
    Do Nothing
All but the last are viable options for debt relief. The important thing to remember is that there is no “one size fits all” debt relief option. Since every situation the right solution may vary, thus it is imperative to act swiftly.


YouTube Business News Playlists

IMF Video: Regional Economic Outlook for Europe | May 2024

Regional Economic Outlook for Europe | May 2024
Play Video: Regional Economic Outlook for Europe | May 2024


Europe needs to overcome structural headwinds to growth. Director of the IMF European Department, Alfred Kammer, highlights the policies to support faster economic growth through a stronger EU Single Market. Check out his latest video to learn more: https://www.imf.org/en/Publications/REO/EU/Issues/2024/04/05/regional-economic-outlook-europe-april-2024

Published: 21st May 2024 03:04:25   By: IMF

IMF Video: Regional Economic Outlook for the Caucasus and Central Asia, April 2024

Regional Economic Outlook for the Caucasus and Central Asia, April 2024
Play Video: Regional Economic Outlook for the Caucasus and Central Asia, April 2024


Despite a series of external shocks in recent years, economic growth remains resilient, while inflation is easing in most countries in the Caucasus and Central Asia. We explain in our latest video. Learn more at: https://www.imf.org/en/Publications/REO/MECA/Issues/2024/04/18/regional-economic-outlook-middle-east-central-asia-april-2024

Published: 20th May 2024 05:18:13   By: IMF

IMF Video: Europe: Turning the Recovery into Enduring Growth

Europe: Turning the Recovery into Enduring Growth
Play Video: Europe: Turning the Recovery into Enduring Growth


Europe has done remarkably well against a turbulent backdrop. After years of crises and their fallouts, a soft landing for the continent’s economies is within reach. Securing it will require careful calibration of macroeconomic policies. As the cyclical recovery runs its course, growth will increasingly depend on structural factors. Yet there are several formidable headwinds to growth, including weakening productivity, an aging population, and underinvestment. Navigating these headwinds to higher medium-term growth will require structural reform efforts that should begin now. For the EU, this means urgently tapping the significant potential from further European integration. Combined with complementary measures at the domestic level, these reforms would go to show once again how Europe can overcome even the most severe obstacles when acting decisively and together.   The just released IMF Regional Economic Outlook for Europe discusses the economic reform agenda needed to cope with these multiple challenges. The discussion will focus on what policymakers in Brussels and at the national level can and should do to return Europe to greater competitiveness and faster growth.    The Regional Economic Outlook will be presented by Mr. Alfred Kammer, Director of the European Department at the IMF. He will then be joined by Ms. Maria Demertzis, Senior Fellow at Bruegel, and Ms. Christiane Nickel, Deputy Director General of DG Economics at the European Central Bank, for a panel discussion moderated by Ms. Maria Tadeo, Europe Correspondent. https://www.imf.org/en/Publications/REO/EU/Issues/2024/04/05/regional-economic-outlook-europe-april-2024

Published: 15th May 2024 02:15:36   By: IMF

IMF Video: Perspectives économiques régionales : Moyen-Orient et Afrique du Nord, avril 2024

Perspectives économiques régionales : Moyen-Orient et Afrique du Nord, avril 2024
Play Video: Perspectives économiques régionales : Moyen-Orient et Afrique du Nord, avril 2024


Le conflit à Gaza et en Israël, qui provoque d’immenses souffrances humaines, s’ajoute aux difficultés existantes au Moyen-Orient et en Afrique du Nord. Explications de Jihad Azour, directeur du département Moyen-Orient et Asie centrale du FMI : https://www.imf.org/fr/Publications/REO/MECA/Issues/2024/04/18/regional-economic-outlook-middle-east-central-asia-april-2024

Published: 9th May 2024 08:57:55   By: IMF

IMF Video: Perspectives économiques régionales: Afrique Subsaharienne | Avril 2024

Perspectives économiques régionales: Afrique Subsaharienne | Avril 2024
Play Video: Perspectives économiques régionales: Afrique Subsaharienne | Avril 2024


Après quatre années mouvementées, les perspectives pour l’Afrique subsaharienne s’améliorent progressivement. La croissance va passer de 3,4 % en 2023 à 3,8 % en 2024, et près des deux tiers des pays s’attendent à une croissance plus élevée. https://www.imf.org/fr/Publications/REO/SSA/Issues/2024/04/19/regional-economic-outlook-for-sub-saharan-africa-april-2024

Published: 6th May 2024 03:47:50   By: IMF

World Economic Forum Video: Tourism is bouncing back - but can we make travel sustainable?

Tourism is bouncing back - but can we make travel sustainable?
Play Video: Tourism is bouncing back - but can we make travel sustainable?


With the pandemic well behind us, international travel has bounced back. The World Economic Forum’s Travel and Tourism Development Index, a major survey of the state of the sector, gives a clear picture of how things look around the world. Maksim Soshkim, who leads much of the Forum’s work on the issue tells us the headlines, and Jacqueline Gifford, Editor-in-Chief of Travel + Leisure magazine, gives her take on the state of the travel scene. One of the key areas the TTDI looks at is sustainability - the impact of travel and tourism on the environment and local communities. And in this episode we hear from two people engaged in making tourism more sustainable: a hotel company taking action across its supply chain, and the head of tourism for Rwanda, where income from foreign visitors helps conserve a unique ecosystem and its endangered mountain gorillas. Speakers: Maksim Soshkin, Centre for Energy and Materials, World Economic Forum Jacqueline Gifford, Editor-in-Chief, Travel + Leisure Neil Jacobs, CEO, Six Senses Hotels Resorts Spas Michaella Rugwizangoga, Chief Tourism Officer, Rwanda Links: Travel and Tourism Development Index: wef.ch/ttdi24 (http://wef.ch/ttdi24) Global Future Council on the Future of Sustainable Tourism: https://www.weforum.org/communities/gfc-on-sustainable-tourism/ Related podcasts: Where are the innovations that can make mining more sustainable? (https://www.weforum.org/podcasts/radio-davos/episodes/sustainable-mining-uplink/) It's cheaper to save the world than destroy it: author Akshat Rathi on Climate Capitalism (https://www.weforum.org/podcasts/radio-davos/episodes/climate-capitalism-akshat-rathi/) "Not just sticks of carbon" - how growing trees for the climate must also benefit biodiversity (https://www.weforum.org/podcasts/radio-davos/episodes/trees-carbon-climate-biodiversity-tom-crowther-1tr/) Davos 2024: Addressing the North-South Schism (https://www.weforum.org/podcasts/agenda-dialogues/episodes/davos-2024-addressing-the-north-south-schism/) Thumbnail photo: Samrat Khadka on Unsplash Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 21st May 2024 08:34:40   By: World Economic Forum

World Economic Forum Video: Special Meeting 2024: Bridging the Health Gap

Special Meeting 2024: Bridging the Health Gap
Play Video: Special Meeting 2024: Bridging the Health Gap


Since 1990, global efforts have successfully halved child mortality. Progress on the Sustainable Development Goals, however, has been insufficient, with climate change and preventable diseases jeopardizing decades of advancement and millions of lives. How can we strengthen the global health architecture to eradicate disease and make essential health innovations accessible to all? This is the full audio from a session at the Special Meeting on Global Collaboration, Growth and Energy for Development in Riyadh on 28 April, 2024. Watch it here: https://www.weforum.org/events/special-meeting-on-global-collaboration-growth-and-energy-for-development-2024/sessions/redefining-the-global-health-agenda/ Speakers: Tedros Adhanom Ghebreyesus, Director-General, World Health Organization (WHO) Mian Muhammad Shehbaz Sharif, Prime Minister, Pakistan Keir Simmons, Chief International Correspondent, NBC News ​Fahad bin Abdurrahman Al-Jalajel​, Minister of Health, Saudi Arabia Bill Gates, Co-Chair, Bill & Melinda Gates Foundation Anita Zaidi, President, Gender Equality, Bill & Melinda Gates Foundation Abdullah Al Rabeeah, Supervisor General, King Salman Humanitarian Aid and Relief Centre Catch up on all the action from the Special Meeting on Global Collaboration, Growth and Energy for Development at wef.ch/specialmeeting24 (http://wef.ch/specialmeeting24) and across social media using the hashtag #specialmeeting24. Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 20th May 2024 09:18:00   By: World Economic Forum

World Economic Forum Video: VR Can Boost Empathy & Bus Powered by Dates | WEF | Top Stories of the Week

VR Can Boost Empathy & Bus Powered by Dates | WEF | Top Stories of the Week
Play Video: VR Can Boost Empathy & Bus Powered by Dates | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 VR can boost empathy – Virtual reality (VR) shows promise in increasing empathy and encouraging donations towards refugee crises. The study's authors suggest VR's immersive nature bridges ideological divides, influencing attitudes in a way traditional media might not. This has significant practical implications for NGOs and aid agencies seeking to raise awareness and secure donations for humanitarian crises. 1:53 This bus in Oman is powered by dates – It’s the first of its kind in the Middle East. The bus runs on biodiesel made from waste date kernels produced by scientists at Oman’s Sultan Qaboos University. The date kernels are washed, dried and crushed and the oil is extracted using alcohol before a chemical catalyst converts it into biodiesel. The bus made its inaugural journey in December 2022. 4:46 Building ships with the metaverse – The metaverse offers a groundbreaking solution: digital twins. Using AI, designers can create a photorealistic, virtual replica of the entire ship. This allows them to identify and fix any issues during the design phase, well before construction begins. 6:16 3 leading insights on AI – Experts predict 69 million jobs will be created over the next 5 years while 83 million jobs will be lost, a 2% net decrease in employment. Despite this, Freakley says AI will help boost economies facing labour shortages. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 18th May 2024 12:00:27   By: World Economic Forum

World Economic Forum Video: Tinder Swindler: how 'romance fraud' became a multi-billion dollar cybercrime

Tinder Swindler: how
Play Video: Tinder Swindler: how 'romance fraud' became a multi-billion dollar cybercrime


The Netflix documentary 'The Tinder Swindler' is a mind-boggling case of so-called 'romance fraud' in which a charming, handsome - and apparently very rich - man meets women on a dating app - gets them to fall in love with him - and then cons them out of lots of money. Cecilie Fjellhøy is the Norwegian woman at the centre of the documentary whose life was torn apart by the actions of a conman. A survivor of romance fraud on a grand scale, she now advocates for the rights of, and support for, others who find themselves in similar grim circumstances. We also hear from Sean Doyle, who works at the World Economic Forum’s Centre for Cybersecurity, on just how widespread romance fraud really is, why it’s a multinational, multi-billion form of cyber crime, and what is being done to combat it. Links: Centre for Cybersecurity: wef.ch/cybersecurity (https://wef.ch/cybersecurity) Cybercrime Atlas: https://initiatives.weforum.org/cybercrime-atlas/ Cecilie Fjellhøy (https://www.ceciliefjellhoy.com/) 's organisation LoveSaid: https://www.lovesaid.org/ The Tinder Swindler documentary: Related podcasts: Global Risks Report: the big issues facing leaders at Davos 2024 (https://www.weforum.org/podcasts/radio-davos/episodes/global-risks-report-davos-2024/) Ransomware and ransom-war: why we all need to be ready for cyber attacks (https://www.weforum.org/podcasts/radio-davos/episodes/cybersecurity/) Check out all our podcasts on wef.ch/podcasts (http://wef.ch/podcasts) : YouTube: (https://www.youtube.com/@wef/podcasts) - https://www.youtube.com/@wef/podcasts Radio Davos (https://www.weforum.org/podcasts/radio-davos) - subscribe (https://pod.link/1504682164) : https://pod.link/1504682164 Meet the Leader (https://www.weforum.org/podcasts/meet-the-leader) - subscribe (https://pod.link/1534915560) : https://pod.link/1534915560 Agenda Dialogues (https://www.weforum.org/podcasts/agenda-dialogues) - subscribe (https://pod.link/1574956552) : https://pod.link/1574956552 Join the World Economic Forum Podcast Club (https://www.facebook.com/groups/wefpodcastclub) : https://www.facebook.com/groups/wefpodcastclub

Published: 16th May 2024 04:24:32   By: World Economic Forum

World Economic Forum Video: Banking Uplifts Women in Pakistan & World's Busiest Airports | WEF | Top Stories of the Week

Banking Uplifts Women in Pakistan & World
Play Video: Banking Uplifts Women in Pakistan & World's Busiest Airports | WEF | Top Stories of the Week


This week's top stories of the week include: 0:15 Banking uplifts women in Pakistan – Pakistan has a large gender gap in financial inclusion. 47% of men have at least one registered financial account but just 13% of women. Even for those with an account, banking can be prohibitively time-consuming, especially for women who are running a business alongside a household. Now a new kind of digital banking service is helping to close this gap. 2:23 World's busiest airports revealed – The world's busiest airports in 2023 were dominated by the United States, with five airports cracking the top 10. Overall, global airports saw a significant rebound in 2023, handling a total of 8.5 billion trips. 4:39 WMO: Asia hardest hit by climate – In 2023, Asia saw a wave of extreme weather events from floods to cyclones. World Economic Forum Head of Climate Adaptation Eric White explains why climate change is making extreme weather more likely. 7:07 Saving Earth with space science – Simonetta Di Pippo says that space is already helping tackle the greatest challenges on Earth. Satellite connectivity is improving our management of disasters and powering digital transformation. Which is revolutionizing sectors from healthcare to education, retail and communication. _____________________________________________ The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change. World Economic Forum Website ► http://www.weforum.org/ Facebook ► https://www.facebook.com/worldeconomicforum/ YouTube ► https://www.youtube.com/wef Instagram ► https://www.instagram.com/worldeconomicforum/  Twitter ► https://twitter.com/wef LinkedIn ► https://www.linkedin.com/company/world-economic-forum TikTok ► https://www.tiktok.com/@worldeconomicforum Flipboard ► https://flipboard.com/@WEF #WorldEconomicForum

Published: 13th May 2024 03:03:05   By: World Economic Forum

Economic Video: Nvidia Delivers on AI Hopes, Igniting $140 Billion Stock Rally

Nvidia Delivers on AI Hopes, Igniting $140 Billion Stock Rally
Play Video: Nvidia Delivers on AI Hopes, Igniting $140 Billion Stock Rally


Nvidia Corp., the chipmaker at the center of an artificial intelligence boom, gained in late trading after a bullish sales forecast showed that AI computing spending remains strong. Bloomberg News' Tom Mackenzie discusses with Joumanna Bercetche on Horizons Middle East & Africa. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

Published: 23rd May 2024 07:14:54   By: Bloomberg Television

Economic Video: Dept. of Justice to file antitrust lawsuit against Ticketmaster owner Live Nation

Dept. of Justice to file antitrust lawsuit against Ticketmaster owner Live Nation
Play Video: Dept. of Justice to file antitrust lawsuit against Ticketmaster owner Live Nation


The Justice Department is expected to file an antitrust lawsuit against Live Nation, the parent company of Ticketmaster, according to multiple reports from Bloomberg, The New York Times and CNN. The outlets, citing sources familiar with the matter, said the suit could be filed as soon as this Thursday in the Southern District of New York. Live Nation’s stock dropped more than 7% in after-hours trading on Wednesday following reports of the looming suit, according to Forbes. In April, the Wall Street Journal also reported that the Justice Department was preparing to take legal action against the concert and ticketing giant within the coming weeks. KTLA's Samantha Cortese reports on May 22, 2024. Details: https://ktla.com/news/politics/doj-expected-to-file-antitrust-lawsuit-against-ticketmaster-owner-live-nation-reports/ KTLA 5 News - Keeping Southern Californians informed since 1947.

Published: 23rd May 2024 05:28:23   By: KTLA 5

Economic Video: Rep. Raskin on urging DOJ to investigate 'big oil' for deception on climate change

Rep. Raskin on urging DOJ to investigate
Play Video: Rep. Raskin on urging DOJ to investigate 'big oil' for deception on climate change


In Congress, the top Democrats on two committees are asking the Department of Justice to launch a sweeping investigation of big oil corporations. They allege that the companies have deceived the public for decades about their complicity in climate change and willingness to address it. Lisa Desjardins discussed more with Democratic Rep. Jamie Raskin. Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: TikTok: https://www.tiktok.com/@pbsnews Twitter: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Facebook: http://www.pbs.org/newshour Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe

Published: 22nd May 2024 10:34:42   By: PBS NewsHour

Economic Video: Retailers reducing prices on thousands of items

Retailers reducing prices on thousands of items
Play Video: Retailers reducing prices on thousands of items


Some companies, including Target and Michaels, recently announced they're slashing prices on thousands of items that were seeing higher costs due to inflation. According to the Labor Department, groceries and other household items are cheaper now than last year. CBS News contributor Javier David has more on the trend. CBS News 24/7 is the premier anchored streaming news service from CBS News and Stations that is available free to everyone with access to the internet and is the destination for breaking news, live events, original reporting and storytelling, and programs from CBS News and Stations' top anchors and correspondents working locally, nationally and around the globe. It is available on more than 30 platforms across mobile, desktop and connected TVs for free, as well as CBSNews.com and Paramount+ and live in 91 countries. Subscribe to the CBS News YouTube channel: https://youtube.com/cbsnews Watch CBS News 24/7: https://cbsnews.com/live/ Download the CBS News app: https://cbsnews.com/mobile/ Follow CBS News on Instagram: https://instagram.com/cbsnews/ Like CBS News on Facebook: https://facebook.com/cbsnews Follow CBS News on X: https://twitter.com/cbsnews Subscribe to our newsletters: https://cbsnews.com/newsletters/ Try Paramount+ free: https://paramountplus.com/?ftag=PPM-05-10aeh8h For video licensing inquiries, contact: licensing@veritone.com

Published: 22nd May 2024 03:59:36   By: CBS News

Economic Video: Snowflake CEO joins Jim Cramer after earnings report drives stock higher

Snowflake CEO joins Jim Cramer after earnings report drives stock higher
Play Video: Snowflake CEO joins Jim Cramer after earnings report drives stock higher


Snowflake CEO Sridhar Ramaswamy joins 'Mad Money' host Jim Cramer to talk its quarterly results which drove the stock higher after hours.

Published: 23rd May 2024 12:10:51   By: CNBC Television

Business Video: Trump Media’s accounting firm charged with ‘massive fraud’

Trump Media’s accounting firm charged with ‘massive fraud’
Play Video: Trump Media’s accounting firm charged with ‘massive fraud’


BF Borgers, Trump Media & Technology Group’s independent accounting firm, was charged by the Securities and Exchange Commission with widespread fraud and accused of operating a “sham audit mill.” The SEC made no allegation of wrongdoing against Truth Social owner Trump Media (DJT), which is not mentioned in the charges from the regulator. #CNN #News

Published: 3rd May 2024 06:09:26   By: CNN

Business Video: Forbes editor predicts Trump stock prices could fall another 90%

Forbes editor predicts Trump stock prices could fall another 90%
Play Video: Forbes editor predicts Trump stock prices could fall another 90%


Trump Media & Technology Group’s stock is tumbling again after the company announced a potentially massive new influx of shares. Forbes editor Dan Alexander reacts. #CNN #News

Published: 16th Apr 2024 12:30:13   By: CNN

Business Video: Boeing 737-800 engine cover falls off during Southwest flight

Boeing 737-800 engine cover falls off during Southwest flight
Play Video: Boeing 737-800 engine cover falls off during Southwest flight


A Houston-bound Boeing 737-800 plane operated by Southwest Airlines returned safely to Denver International Airport on Sunday after an engine cover fell off and struck the wing flap, according to the Federal Aviation Administration. The agency said it will investigate. In recorded air traffic control audio, one of the pilots said that “several passengers and flight attendants heard something loud hit the wing.” In a statement to CNN, Southwest said passengers would take another plane to Houston and would be approximately three hours behind schedule. “We apologize for the inconvenience of their delay but place our highest priority on ultimate Safety for our Customers and Employees,” the statement said. Southwest said no injuries were reported. Boeing declined to comment and referred CNN to Southwest for information about plane and fleet operations. #boeing #CNN #News

Published: 8th Apr 2024 12:10:48   By: CNN

Business Video: Ne-Yo on AI impact on music: 'How is it creative to mimic me?'

Ne-Yo on AI impact on music:
Play Video: Ne-Yo on AI impact on music: 'How is it creative to mimic me?'


Grammy award-winning artist Ne-Yo joins CNN's Laura Coates to discuss the impact of artificial intelligence on the music industry. #CNN #News

Published: 5th Apr 2024 11:00:07   By: CNN

Business Video: Fallon rips Trump’s Truth Social stock plunge

Fallon rips Trump’s Truth Social stock plunge
Play Video: Fallon rips Trump’s Truth Social stock plunge


Late night host Jimmy Fallon poked fun at former President Donald Trump after shares of stocks in his social media platform, Truth Social, plunged over an SEC filing that revealed the company lost millions in revenue in 2023. #cnn #news

Published: 2nd Apr 2024 09:56:55   By: CNN

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