economy
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Finances
July 4 cookouts soar to record high cost
This week’s patriotic cookouts found celebrants facing higher prices…again. Independence Day and weekend get-together meals cost $71.22 for 10 guests…
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Church & Ministry
While giving is up, inflation erodes its power
The good news is giving is up but inflation takes its toll. Individuals made up 67% of giving, an increase…
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Church & Ministry
Optimism over giving in 2024 despite economy
A recent survey found reason for optimism about faith-based giving in 2024. Despite ongoing economic challenges, donations to churches and…
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Finances
Here’s the retailers closing more stores in 2024
The nation’s large brick-and-mortar retailers continue to suffer after thousands closed in 2023. According to CBS News, major brands shuttered…
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Finances
JPMorgan’s Jamie Dimon: U.S. unprepared for ‘worst case’
JPMorgan CEO Jamie Dimon is issuing a stark warning, stating many U.S. businesses and investors are unprepared for the possibility…
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Finances
Mortgage applications tumble to lowest levels in three decades
As monthly mortgage payments reached a record high, mortgage applications fell to their lowest level in nearly 30 years. Redfin…
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Finances
Business bankruptcies highest in 13 years
Corporate bankruptcies in the United States this spring, based on the latest reports, with the first five months of 2023…
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Technology pressures consumers to tip at self-checkout
Families squeezed by high inflation now are being asked to leave a tip even at many self-checkout kiosks. Many companies,…
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Christians take out payday loans despite excessive interest rates
More than one-third of Christians in states that don’t regulate payday loans say they have obtained them, despite believing that…
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Finances
U.S. households added $320 billion in debt last year
U.S. households continue to struggle, adding $320 billion in debt last year. It marks the highest level since the 2008…
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