News Bulletin

In Union County, South Carolina, the once-thriving cotton mills that provided livelihoods for many have long disappeared. The county is now classified as a "food desert," meaning that many of its residents live far from the nearest grocery store. Recognizing this issue, local non-profit leader Elise Ashby took action in 2016, collaborating with farmers to distribute discounted boxes of fresh produce throughout the county, where approximately 30% of the population is Black and around 25% live in poverty.At first, Ms. Ashby financed the project using her own savings and minor grants. But in 2023, her work gained substantial support as…

En enero de 2025, la economía de EE. UU. mostró señales mixtas, evidenciando tanto fortaleza como nuevos desafíos en múltiples sectores.Trends in Business Activity and EmploymentBusiness Activity and Employment TrendsConfianza y Gasto del ConsumidorConsumer Confidence and SpendingExpectativas de Inflación y Política MonetariaInflation Expectations and Monetary PolicyInflation expectations among consumers have risen notably. The University of Michigan's consumer sentiment survey indicated that anticipated inflation for the next year increased to 3.3% in January, up from 2.8% in December, marking the highest level since May. Long-term inflation expectations also climbed to 3.3%, the highest since June 2008. These heightened expectations could influence…

During the last quarter of 2024, the US economy grew at an annual rate of 2.3%, according to the Bureau of Economic Analysis. This expansion was below the expected 2.6% and represented a slowdown from the 3.1% increase seen in the previous quarter.Main Factors Contributing to Economic ExpansionKey Drivers of Economic GrowthQuarterly Comparison AnalysisThe growth rate of 2.3% in the fourth quarter marks the most sluggish quarterly expansion since 2018, when the economy saw a 0.6% increase in the final quarter. Annually, the economy expanded by 2.8% in 2024, slightly under the 2.9% growth achieved in 2023.Elements Leading to the…

Lately, the job market for those who have just finished college has become more difficult. Although the country's unemployment rate remains stable at 4.1%, new graduates are facing considerable obstacles as they move from school into their careers.Preocupaciones de los Empleadores y Preparación PercibidaEmployer Concerns and Perceived PreparednessFactores Económicos que Influyen en las Tendencias de ContrataciónLos cambios económicos han influido en el mercado laboral para los jóvenes profesionales. Por ejemplo, nuevas políticas, como las congelaciones de contrataciones federales, han provocado la anulación de ofertas de trabajo para estudiantes de derecho destinados a unirse a agencias gubernamentales. Este giro ha alterado…