Aftermath of Hurricane Helene: Residents risk flooding
Politics

Aftermath of Hurricane Helene: Residents risk flooding

More news - Breaking news Days after Hurricane Helene devastated North Carolina, many residents remain vulnerable to flooding. Even though the storm has passed, rising water levels pose a continuing threat to homes and communities. The full extent of the damage is not yet clear, but initial reports indicate widespread flooding and damage to infrastructure. Rescue efforts are ongoing, focusing on evacuations and ensuring the safety of those affected. Concerns are growing about access to federal disaster relief. Many residents may not meet the criteria for assistance, leaving them alone to deal with the consequences. Local authorities are working tirelessly to provide essential services and coordinate recovery efforts. However, the long road to reconstruction has only ju...
Aftermath of Hurricane Helene: Residents risk flooding
Politics

Aftermath of Hurricane Helene: Residents risk flooding

More news - Breaking news Days after Hurricane Helene devastated North Carolina, many residents remain vulnerable to flooding. Even though the storm has passed, rising water levels pose a continuing threat to homes and communities. The full extent of the damage is not yet clear, but initial reports indicate widespread flooding and damage to infrastructure. Rescue efforts are ongoing, focusing on evacuations and ensuring the safety of those affected. Concerns are growing about access to federal disaster relief. Many residents may not meet the criteria for assistance, leaving them alone to deal with the consequences. Local authorities are working tirelessly to provide essential services and coordinate recovery efforts. However, the long road to reconstruction has only ju...
Home mortgage rates rise following unexpectedly strong employment data
Business

Home mortgage rates rise following unexpectedly strong employment data

More news - Breaking news In response to a surprisingly strong jobs report, home loan rates have seen a notable increase. The latest data, which beat economic forecasts, led to an increase in the average 30-year fixed mortgage rate by several basis points as of Friday morning. The adjustment in mortgage rates reflects broader economic dynamics, where improving job metrics generally strengthens the Federal Reserve's confidence in the strength of the economy, potentially influencing future interest rate policy decisions. This change is particularly significant for potential homebuyers and the real estate market, as higher financing costs can impact buyer affordability and market demand. Economists are now evaluating how this increase in mortgage rates could affect the trajectory of the...
Supreme Court upholds Biden rules on methane and mercury emissions
News

Supreme Court upholds Biden rules on methane and mercury emissions

More news - Latest news In a recent ruling, the Supreme Court decided not to impede enforcement of new federal rules introduced under President Biden's administration, which aim to reduce emissions of methane and toxic mercury from industrial sources. These regulations are a key component of the Government's broader environmental strategy to combat climate change and reduce air pollution. The ruling came amid a heated debate over the balance between economic development and environmental protection. The regulations target emissions from sectors known for their significant environmental footprint, including oil and natural gas operations. Supporters of the regulations argue that they are essential to protect public health and reduce environmental damage caused by these pollutants, whi...
The US surveyors’ union suspends the strike to continue contract negotiations
Politics

The US surveyors’ union suspends the strike to continue contract negotiations

More news - News 24 hours The US Appraisers Union, which represents about 45,000 workers at the country's major ports, has temporarily called off the planned strike. This decision comes as both parties are engaged in renewed negotiations aimed at reaching a new contractual agreement. The suspension of the strike prevents a potential disruption to the movement of goods at major US ports, which could have had significant economic consequences. Both parties remain committed to the negotiating table, with the aim of reaching a mutually beneficial agreement. Negotiations focus on various issues important to appraisers, including wages, benefits, job security and working conditions. The potential strike had raised concerns in the shipping industry and the wider economy over potential disr...
Stellantis files legal action against UAW over potential strike action
Business

Stellantis files legal action against UAW over potential strike action

More news - Breaking news Stellantis has taken a decisive legal step by filing a lawsuit in federal court against the United Auto Workers (UAW) union, citing issues related to the union's recent strike threats. This legal move marks a significant escalation in the ongoing disputes between the auto giant and representatives of its workforce. The conflict arises from UAW strike threats, which Stellantis sees as a violation of existing agreements and a disruptive force against operational stability. The lawsuit aims to address these concerns and seek a solution that prevents potential strikes that could affect production and cause significant economic repercussions. This legal action by Stellantis reflects the growing tensions in labor relations within the automotive industry, especiall...