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Economy

Congress passes bipartisan housing bill as cost of living surges

Congress passes bipartisan housing bill as cost of living surges

  • Andrea Riquier and Zachary Schermele USA Today

The 21st Century Road to Housing Act, more than a year in the making, encouraged a national discussion of why housing is so unaffordable.

Amazon Prime Day to gauge US consumer strain as focus shifts to basics

Amazon Prime Day to gauge US consumer strain as focus shifts to basics

  • Arriana McLymore and Koyena Das Reuters

Amazon Prime Day starting Tuesday will be a litmus test of U.S. shoppers' spending power, with the earlier-than-usual sales event increasingly centered on necessities rather than carefree splurges.

Does Prime Day include free shipping? The hidden costs to watch for

Does Prime Day include free shipping? The hidden costs to watch for

  • USA Today - News

You may have waiting all year to shop Amazon Prime Day, but you may need to wait a few days longer and maybe pay more for your items to ship.

Most Americans feel hugely divided by wealth, new NBC poll shows

Most Americans feel hugely divided by wealth, new NBC poll shows

  • Melina Khan USA Today

Many Americans feel a division between those who are wealthy and those who are not in this country, a new NBC News poll found.

Kevin Warsh's First Fed Meeting Just Sent a Message to Wall Street

Kevin Warsh's First Fed Meeting Just Sent a Message to Wall Street

  • Cheddar

Bill Adams, Chief U.S. Economist at Fifth Third Bank, breaks down the Fed's latest decision, inflation risks, and what Kevin Warsh's debut means for markets.

Federal Reserve begins Warsh era by keeping rates on hold

Federal Reserve begins Warsh era by keeping rates on hold

  • Howard Schneider, Ann Saphir and Michael S. Derby Reuters

The new Fed chairman said he will launch five task forces to review how the central bank conducts its business in critical policy areas.

Fed Splits on Rates

Fed Splits on Rates

  • Benzinga - News

Economists are split on the U.S. outlook as some forecast Fed rate cuts while others expect hikes amid inflation and growth uncertainty.

America's housing: unaffordable, unavailable. Many of us are giving up

America's housing: unaffordable, unavailable. Many of us are giving up

    Housing is fundamental. We all need a roof over our heads. We all need someplace to raise our families, cook our meals, escape from the world.

    Trump Unfreezes $24B for Iran — What It Means for American Prices

    Trump Unfreezes $24B for Iran — What It Means for American Prices

      Under the US-Iran ceasefire agreement signed Sunday, approximately $24 billion in Iranian sovereign assets frozen under US and international sanctions will be unfrozen — with half released before formal nuclear negotiations begin, according to Iranian state media reports citing the Mehr news…

      Stock Market Today: S&P 500 Futures Fall, Dow Gains Amid US-Iran Agreement, SPCX Stock Surge

      Stock Market Today: S&P 500 Futures Fall, Dow Gains Amid US-Iran Agreement, SPCX Stock Surge

        U.S. stock futures were mixed on Tuesday, as the Dow Jones rose, while the Nasdaq 100 and S&P 500 declined, following Monday's rally. The Labor Department reported that U.S. import prices advanced 1.9% in May, driven by surging fuel costs. Fresh housing data painted a cooling picture of …

        Parents, you aren't the boss of your family spending. It's the kids

        Parents, you aren't the boss of your family spending. It's the kids

          Youths between the ages of 8 and 15 directly control $95 billion and have a sway over bigger-picture household spending, a new study shows.

          Inflation Heats Up at Highest Rate in Three Years

          Inflation Heats Up at Highest Rate in Three Years

            The latest inflation report delivered a number consumers were hoping not to see.

            Soaring energy costs boost prices; Trump says 'I love the inflation'

            Soaring energy costs boost prices; Trump says 'I love the inflation'

              U.S. consumer inflation increased at its fastest pace in three years in May, boosted by surging prices for energy products amid the Middle East conflict. 

              A-Listers Who Are Raising Their Kids Beyond Gender Norms

              A-Listers Who Are Raising Their Kids Beyond Gender Norms

                In recent years, more celebrity parents have been opening up about raising their children without strict gender stereotypes, encouraging individuality over labels and expectations. In a 2018 Vogue interview, Beyoncé shared that she teaches her daughters to see themselves as leaders, saying t…

                Local News

                Concord gives students behind-the-scenes look at city careers

                Concord gives students behind-the-scenes look at city careers

                High school students from across Cabarrus County recently got an inside look at the many career opportunities available in local government through the Cabarrus Economic Development Student TRACK Program.

                Cabarrus County neighbors: Obituaries for June 23

                Cabarrus County neighbors: Obituaries for June 23

                Read through the obituaries published today in Independent Tribune.

                Cabarrus Calendar

                Cabarrus Calendar

                Food, fundraisers, special events - here are upcoming community events around Cabarrus County. 

                Cabarrus County neighbors: Obituaries for June 22

                Cabarrus County neighbors: Obituaries for June 22

                Read through the obituaries published today in Independent Tribune.

                State & Regional

                Indy 500 countdown is on: Inside Lincoln’s world-famous racing treasure trove

                Indy 500 countdown is on: Inside Lincoln’s world-famous racing treasure trove

                We are a week away from the Indy 500. There's no better time to check out one of the top museums dedicated to racing — the Speedway Motors Museum of American Speed draws visitors from around the world.

                Plane with U.S. carrying passengers of the cruise ship MV Hondius arrives in Omaha

                Plane with U.S. carrying passengers of the cruise ship MV Hondius arrives in Omaha

                Plane with U.S. carrying passengers of the cruise ship MV Hondius arrives in Omaha

                Photos: Plane carrying passengers of the cruise ship MV Hondius arrives in Omaha

                Photos: Plane carrying passengers of the cruise ship MV Hondius arrives in Omaha

                The plane with U.S. carrying passengers of the cruise ship MV Hondius arrived in Omaha early Monday morning.

                Solar eclipse wowed millions 2 years ago today. (Seems just like yesterday.)

                Solar eclipse wowed millions 2 years ago today. (Seems just like yesterday.)

                You couldn't see the full solar eclipse in Lincoln or any part of Nebraska, but a partial eclipse was visible on Apirl 8, 2024. Hundreds of people gathered at Hyde Observatory to view.

                Nation & World

                Congress passes bipartisan housing bill as cost of living surges

                Congress passes bipartisan housing bill as cost of living surges

                The 21st Century Road to Housing Act, more than a year in the making, encouraged a national discussion of why housing is so unaffordable.

                US Senate votes to halt Iran war in rebuke to Trump

                US Senate votes to halt Iran war in rebuke to Trump

                The president said Iran agreed to nuclear inspections into 'infinity,' a claim that Tehran denied.

                Savannah Guthrie cries about chilling new Nancy Guthrie ransom note reports

                Savannah Guthrie cries about chilling new Nancy Guthrie ransom note reports

                Savannah Guthrie shared new comments on the case of her missing mother on the NBC morning show Tuesday after reports emerged that a ransom note claimed Nancy Guthrie was dead.

                White House renovations continue: What’s the latest work being done?

                White House renovations continue: What’s the latest work being done?

                President Donald Trump already orchestrated makeovers of several iconic parts of the White House, and now renovations are underway on the building's iconic columns at its front entrance.

                Shopping

                Altcoins to Buy: How to Find and Buy Altcoins for the Next Bull Run

                Altcoins to Buy: How to Find and Buy Altcoins for the Next Bull Run

                Affiliate. 

                Upcoming Crypto Presales: How to Find and Buy Top Crypto Presales

                Upcoming Crypto Presales: How to Find and Buy Top Crypto Presales

                Affiliate. Learn how to find and buy top crypto presales and what to look for when researching. 

                How to Buy Meme Coins: How to Find New Meme Coins and Where to Buy Them

                How to Buy Meme Coins: How to Find New Meme Coins and Where to Buy Them

                Affiliate. Learn how to find and buy the newest meme coins. 

                Next Crypto to Explode: How To Find New Crypto Coins and Buy Them

                Next Crypto to Explode: How To Find New Crypto Coins and Buy Them

                Affiliate. Learn how to find and buy the next big crypto coins before they explode.

                Crime

                Cabarrus honors 911 telecommunicators this week

                Cabarrus honors 911 telecommunicators this week

                The Cabarrus County Sheriff’s Office is recognizing the vital contributions of its 911 telecommunicators during National Public Safety Telecommunicator Week.

                Kannapolis offering CPR classes

                Kannapolis offering CPR classes

                The Kannapolis Fire Department is offering free, non-certified CPR classes in 2026 — and you’re invited to attend.

                Who killed Peter Jordan? Reward upped in Lake Norman cold case murder.

                Huntersville police are offering a reward of up to $14,000 for information that leads to an arrest and conviction in the 2014 killing of Peter Jordan. Jordan was 19 when someone shot and killed him in The Landings at Northcross Apartments on Feb. 19 of that year, police said. The apartments are on Landings Drive, off Sam Furr Road (N.C. 73) and Interstate 77 exit 25 in the Birkdale area. ...

                Suicidal woman sent to suffer in silence of solitary confinement. Then she killed herself.

                Suicidal woman sent to suffer in silence of solitary confinement. Then she killed herself.

                Illinois jails continue to struggle with the mental health needs of their inmate population, particularly when detainees are unfit to stand trial.

                Politics

                Kannapolis approves $134.7 million budget, holds tax rate at 55.95 cents

                Kannapolis approves $134.7 million budget, holds tax rate at 55.95 cents

                The Kannapolis City Council unanimously approved the Fiscal Year 2026-27 budget Monday. The total recommended budget is $134,747,543 which includes all seven operating funds of the city.

                Kannapolis and Concord reach agreement to keep Rider bus routes

                Kannapolis and Concord reach agreement to keep Rider bus routes

                The city of Kannapolis and the city of Concord have reached an agreement to maintain all Rider Transit routes and stops for the 2026-2027 Fiscal Year. The agreement comes after months of negotiation and will preserve essential transportation services for residents while city leaders continue to collaborate on ways to enhance system efficiencies.

                Harrisburg adopts FY 2027 budget with no property tax increase

                Harrisburg adopts FY 2027 budget with no property tax increase

                For the fifth consecutive year, the Harrisburg Town Council unanimously approved the town's annual budget without raising the property tax rate, adopting the Fiscal Year 2027 Manager's Recommended Budget this week.

                Cabarrus commissioners adopt $560.9 million budget, keep property tax rate unchanged

                Cabarrus commissioners adopt $560.9 million budget, keep property tax rate unchanged

                The budget, adopted unanimously on Monday, June 15, takes effect July 1 and includes a General Fund budget of $413.6 million. 

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