Rise to the Moment of Truth Monday, April 22, 2024

Tag: ECONOMY

frustrated person Alabama News
Kristin Landers: When we don’t know what to do about the dumpster fire that is our nation

What can we do when we feel trapped, with little ability to change things on the larger scale? 

Graveyard Alabama News
Ashley Carter: Hope is not found on the Republican primary debate stage

While the clowns on the debate stage answered questions about aliens and struggled to respond when asked to show signs of any loyalty, we should press on and prepare to get this country back.

Fuel price high, Gas or Gasoline increased or rising cost concept. Alabama News
Members of Alabama's congressional delegation rip late summer price increases — 'That's Bidenomics'

Three members of the Alabama delegation slammed President Joe Biden’s economic policies after the already strained U.S. economy experienced its first rise in the rate of consumer price increases after approximately a year. 

Fed 2 Alabama News
'We’ve been resilient because the consumer is resilient': Atlanta Fed representative optimistic about economy during talk at Dothan Chamber of Commerce

“For everybody that I talk to who says, ‘Hey, we’re seeing softening in the economy,’ there are other folks I talk to who say record year. For everyone that says, ‘We think consumer spending is slowing down,’ somebody else is saying, ‘No, listen, the consumer is still going strong.’”

Katie Britt Alabama News
U.S. Sen. Britt: Millions more Americans lived paycheck-to-paycheck due to poor economy in 2022 than 2021

U.S. Sen. Katie Britt (R-Montgomery) said on Twitter Tuesday night that nearly 10 million more Americans lived paycheck-to-paycheck in 2022 than in 2021.

Photo from Faulkner Universitys website Alabama News
Faulkner University decides not to raise tuition during poor economy

Montgomery's Faulkner University won’t be raising tuition for students enrolling in fall 2023.

Unemployment Help Wanted Workers employment jobs Alabama News
Despite record low unemployment, Alabama ranks among worst states for labor participation, new Fed data says

According to new statistics from the Federal Reserve Economic Data (FRED) for July 2022, Alabama had the sixth lowest labor participation rate in the country, despite recently announcing record unemployment.

Alabama Statehouse 2 Alabama News
Legislative Fiscal Office: State budgets in 'great shape,' ready to 'weather a storm'

“Alabama budgets are in a great shape. We are in a better position to weather a storm than we were ten years ago," said Kirk Fulford with the Fiscal Office of the Legislative Services Agency.

US House of Rep Aderholt Robert Facebook Alabama News
Aderholt says that Biden turned a recovery into a recession

“Joe Biden Inherited a Recovery and Created a Recession, When Joe Biden took office in January of 2021, he inherited a booming COVID recovery from the Trump Administration.  His economic prescriptions have now had a year to be absorbed by the economy and it's clearly bad medicine.  All of his policies on issues from energy, to dealing with supply chain issues, to inflation, have led to this economic mess.," said Rep. Aderholt.

Brookwood Village by Will Blakely Alabama News
Future of Alabama mall still in question after exit of all retailers

What was once a thriving Birmingham-area indoor mall, Brookwood Village, is now closed to the public. However, the mall has been purchased by two developers.

President Joe Biden. Photo: Evan Vucci, AP Alabama News
Biden's low approval numbers on economy may impact midterm elections

Biden Administration officials want to redefine recession ahead of GDP report. The President's low economic approval numbers could impact the midterm elections.

Tuberville623a Alabama News
Tuberville blames economic policies for Biden’s poor polling

“Families are struggling to afford Biden's economy, doing everything from eating less meat to canceling vacations," Tuberville said,

Money cash by Elise Amendola AP Photo Alabama News
Subprime loan defaults on the rise

Subprime loan defaults are, once again, on the rise as concerns over the U.S economy continue to grow. 

Stocks fall by Maxim Hopman Alabama News
Stocks fall – Alabama Republicans criticize Biden’s handling of the economy

Monday was a bad day for stock investors, the first of several bad days over the past several months. Alabama Republicans react.

File 3ade54af a2e3 48cf 957d 0ea0554416c4 Alabama News
STUDY: Auburn University has $5.63 billion impact on state of Alabama

By Brandon Moseley A new study shows that Auburn University and its alumni have made a $5.63 billion economic impact on the state of...

File 180b9954 e95f 49df 9176 5bb912c34a75 Alabama News
Brooks and Palmer: Alarmed about economy

By Brandon Moseley On Friday the U.S. government released the September jobs report showing that employment increased, but at a much...