Teen Driver’s Insurance Rates Spike Almost 200% in New Jersey
TRENTON, NJ – As the back-to-school season gets underway, parents of teen drivers are facing a steep financial hit, with annual auto insurance premiums jumping … Read more
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JCP&L Suspends Summer Shut-Offs as New Jersey Electricity Rates Increase 20%
HOLMDEL, N.J. — A failed state energy plan has resulted in electricity rate increases as high as 20% in New Jersey, thanks to Governor Phil … Read more
Phil Murphy announces $100 energy credit as rates soar for New Jersey residents
TRENTON, N.J. — Gov. Phil Murphy’s administration is proposing a $430 million plan to issue utility bill credits to New Jersey residents, but the timing … Read more
Toms River beach badges now on sale, in-season rates start next week
TOMS RIVER, N.J. — Toms River Township beach badges for the 2025 season have been on sale since April 1, offering residents and visitors access … Read more
Phil Murphy unveils new idea as New Jersey facing 32% annual increase in electricity rates
TRENTON, N.J. — New Jersey residents are not just facing a 20% electricity rate increase in June; they will have suffered a 32% annual increase between … Read more
Toms River opens beach badge sales with discounted pre-season rates
Beach badge sales have officially begun for Toms River’s Ortley Beach and Shelter Cove Beach, with residents encouraged to make purchases before May 24 to … Read more
New Jersey lawmaker urges state action on vaccination rates
TRENTON, N.J. — Citing a surge in measles cases across the United States and falling childhood immunization rates, the New Jersey Senate has introduced Resolution … Read more
New Jersey Senator Calls for Gov. Murphy to Give Back $85 Million Energy Tax as Rates Skyrocket
TRENTON, NJ — New Jersey State Senator Carmen Amato (R-9) is urging the state to return an $85 million sales tax windfall to residents, following … Read more
New Jersey’s New Income Based ‘Equity’ Energy Rates Not Only Wrong, But Unconstitutional
TRENTON, NJ – The U.S. Constitution and the Bill of Rights might be above Governor Phil Murphy’s pay grade, but a new law that ties … Read more
Congressman Calls for Resignation of New Jersey Energy Board, Citing $320 Million in DEI and Equity Spending as Consumer Rates Spike
WASHINGTON, D.C. — Congressman Jeff Van Drew is demanding the resignation of New Jersey Board of Public Utilities (NJBPU) board members following their approval of … Read more
Study finds Black applicants in New Jersey denied gun permits at significantly higher rates than whites
TRENTON, N.J. — Black residents in New Jersey were denied firearm permits at disproportionately higher rates than white applicants, according to a study by the … Read more
Michigan Abortion Rates Surge to 30-Year High Post-Roe Amendment
Michigan saw a significant surge in abortions in 2023, reaching a 30-year high following the adoption of a constitutional amendment protecting abortion access. The amendment, … Read more
Springfield Ohio Crime Rates Soar After Arrival of Tens of Thousands of Haitian Migrants
SPRINGFIELD, OH – Following the arrival of thousands of Haitian refugees in Springfield, Ohio, reports of vehicle theft and shoplifting have surged significantly, according to … Read more
American Water Raises Rates for New Jersey Customers
CAMDEN, N.J. – The New Jersey Board of Public Utilities (BPU) has approved new water and wastewater rates for New Jersey American Water, following a … Read more
Jackson Township Partners with EMEX to Secure Competitive Electricity Rates
JACKSON TOWNSHIP, August 16, 2024 – Jackson Township has successfully renewed its Main Load Electricity third-party supply through a partnership with EMEX, a division of … Read more
Car Insurance In New Jersey is About to Spike Over Crime, Inflation, and Rising Rates
TRENTON, NJ — Auto insurance rates in New Jersey are facing steep increases, driven by a combination of rising crime rates and economic challenges, according … Read more
Fed Keeps Rates Steady As Interest Cut Dreams Slip Away
The Federal Reserve announced on Wednesday that it would not change its benchmark federal funds rate as inflation continues to remain elevated. The Fed’s decision … Read more
Home Sales Drop In March As Mortgage Rates Surge Over 7%
Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing homes fell 4.3% in March … Read more
Fed officials in no rush to cut rates as inflation worries rise
By Michael S. Derby and Howard Schneider NEW YORK/WASHINGTON (Reuters) -The ranks of Federal Reserve officials saying there is no rush to cut interest rates … Read more
Global fertility rates to decline, shifting population burden to low-income countries
By Bhanvi Satija (Reuters) – Fertility rates in nearly all countries will be too low to sustain population levels by the end of the century, … Read more
Analysis-Negative rates era unlikely to be revisited soon
By Mark John and Francesco Canepa (Reuters) – Eighteen months after Europe ended its decade-long experiment with negative interest rates, the Bank of Japan has … Read more
More Chinese tied the knot in 2023, lifting marriage rates for first time in nine years
HONG KONG (Reuters) – The number of new marriages in China jumped 12.4% in 2023 from a year earlier, reversing a downtrend that has lasted … Read more
Public Concern Over COVID-19 and Vaccination Rates Decline in the U.S.
A recent Pew Research Center survey highlights a significant decrease in American concern over COVID-19, with only 20% of respondents viewing the virus as a … Read more
Fed policymakers signal no rush to cut US interest rates
By Lindsay Dunsmuir and Michael S. Derby (Reuters) – U.S. central bankers want to hold off on cutting interest rates until they have more confidence … Read more
Five ways the BoE could signal a change in rates stance
By William Schomberg LONDON (Reuters) – The Bank of England is expected to offer a first hint on Thursday that it is tentatively moving towards … Read more
UK house prices beat forecasts as mortgage rates edge down
By David Milliken LONDON (Reuters) -British house prices rose this month more than economists had expected, adding to signs that the squeeze from high interest … Read more
ECB likely to cut rates in small increments with pauses – Vujcic
ZAGREB (Reuters) – The exact date for the start of European Central Bank rate cuts is secondary, but once the bank starts moving it is … Read more
Brazil central bank to cut rates by 50 basis points for fifth time on Jan. 31 – Reuters poll
By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank will cut its key rate by 50 basis points next … Read more
Norway keeps rates on hold, will remain unchanged ‘for some time’
By Terje Solsvik and Victoria Klesty OSLO (Reuters) – Norway’s central bank kept its benchmark interest rate unchanged at 4.50% on Thursday, as unanimously expected … Read more
Bank of Canada seen keeping rates on hold as inflation remains above target
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada (BoC) is expected to keep its overnight rate on hold on Wednesday when it also … Read more
Bank of England may start cutting interest rates in Q2 as inflation eases- Reuters poll
By Jonathan Cable LONDON (Reuters) – It is a close call whether the Bank of England starts trimming borrowing costs next quarter or in July-September, … Read more
Talk in Davos of ‘high for longer’ as CEOs wrestle with rates
By Divya Chowdhury and Lisa Pauline Mattackal DAVOS, Switzerland (Reuters) – Business leaders and financiers in Davos this week said they are preparing for “high … Read more
Malaysia central bank likely to keep rates untouched until at least 2026
By Susobhan Sarkar and Indradip Ghosh BENGALURU (Reuters) – Bank Negara Malaysia (BNM) will leave its overnight policy rate (OPR) unchanged at 3.00% on Jan. … Read more
US mortgage rates fall to 8-month low, says Freddie Mac
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates fell this week to the lowest since May 2023, Freddie Mac reported on Thursday, providing … Read more
J.P.Morgan now expects BoE to start cutting interest rates in August
(Reuters) – J.P.Morgan said on Thursday it expects the Bank of England to start cutting interest rates in August this year, citing a possible easing … Read more
ECB’s Villeroy: no rush to cut rates, we should be patient
PARIS (Reuters) – Even though the next move of the European Central Bank (ECB) will likely be an interest rate cut, there is no rush … Read more
ECB’s Nagel says too early to discuss cutting rates
FRANKFURT (Reuters) – It is too early for the European Central Bank to discuss cutting interest rates because inflation remains high, ECB policymaker Joachim Nagel … Read more
Mortgage rates tick up for a second week -Freddie Mac
By Amina Niasse NEW YORK (Reuters) – Mortgage rates edged higher for a second week, a survey released on Thursday showed, but they remain near … Read more
ECB can move early on rates if inflation falls quickly: Vujcic
FRANKFURT (Reuters) – Euro zone inflation is developing as expected which warrants patience with rate cuts, but policymakers could act quickly if price growth takes … Read more
US homebuyer confidence up in December; more see loan rates falling
By Amina Niasse NEW YORK (Reuters) – U.S. homebuyer confidence improved in December, with more homeowners anticipating that mortgage rates would fall further this year, … Read more
Turkish banks trim deposit rates as margins pressured -sources
By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, … Read more
Philippine inflation at near 2-year low but rates likely to stay elevated
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) – Philippine inflation slowed to its weakest in nearly two years in December but full-year readings … Read more
Dealmakers bank on stable rates to revive Asian dollar bond issuance in 2024
By Scott Murdoch SYDNEY (Reuters) – Asia’s dealmakers are hoping for a 10% increase in dollar bond issuance in 2024 as interest rates stabilise and … Read more
Australian home prices surged 8% in 2023 but rates, inflation cloud outlook
SYDNEY (Reuters) – Australian home prices rose last year, a significant turnaround from the 5% dip seen in 2022, but interest rate hikes and persistent … Read more
Americans’ Finances Took A Beating In 2023 Amidst Persistent Inflation And High Interest Rates
Americans’ Finances Took A Beating In 2023 Amidst Persistent Inflation And High Interest Rates Will Kessler on December 30, 2023 Americans are struggling economically going … Read more
Russia’s economic growth to slow in 2024 as high interest rates linger: Reuters poll
By Alexander Marrow (Reuters) – Russia’s economic growth is set to slow in 2024, hampered in particular by double-digit interest rates throughout the year as … Read more
Mortgage rates continue to soften – Freddie Mac
By Amina Niasse NEW YORK (Reuters) – Mortgage rates fell to a six-month low this week to the lowest figure since June, indicating relief has … Read more
Fed’s Harker open to lowering interest rates, but not imminently
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker on Wednesday said he still opposes any further U.S. central bank … Read more
China leaves lending benchmark rates unchanged as expected
SHANGHAI/SINGAPORE (Reuters) – China stood pat on benchmark lending rates at the monthly fixing on Wednesday, matching market expectations, after the central bank kept its … Read more
Egypt seen keeping interest rates on hold on Thursday, poll shows
CAIRO (Reuters) – The Central Bank of Egypt (CBE) is likely to leave its overnight interest rates fixed at a policy meeting on Thursday, even … Read more