Economy - Observer News Group

A Stanford collaboration with the Department of the Treasury Admits Black Taxpayers are Targeted for Audit More than Others

by Jovi | Feb 21, 2023 | Economy, Featured, Features, Financial Markets | 0

According to Stanford RegLab, Black taxpayers receive IRS audit notices at least 2.9 times more frequently than non-Black taxpayers and possibly as much as 4.7 times more often.

Study Finds Six-Figure Earners Also Living Paycheck-to-Paycheck

by Jovi | Feb 7, 2023 | Economy, Employment, Front Page | 0

In 2022, the economy proved as volatile as ever, with less disposable income and greater unpredictability.

New World’s Tallest Christ Statue Received More Than 130,000 Tourists In 2022

by News Observer | Jan 6, 2023 | Economy, Latin America, Latino, Religion, The Americas, Travel, Urban News | 0

More than 130,000 tourists have visited the Christ since September 2021
The post New World’s Tallest Christ Statue Received More Than 130,000 Tourists In 2022 appeared first on Zenger News.

Mental Health Is Major Hurdle to Solving California’s Homelessness Crisis

by News Observer | Jan 3, 2023 | Economy, Front Page, Health, Local, State, Valleys | 0

Aaliyah Muhammad is a member of the civil rights group All of Us or None and a pillar of her community in Sacramento. She works tirelessly to help the homeless population along Market Street, a thoroughfare in the Sacramento County community of Walnut Grove.

Waters Releases Report Celebrating Four Years of Historic Committee Achievements

by News Observer | Dec 27, 2022 | Congress, Economy, Maxine Waters, Politics | 0

Today (December 30th, 2022), Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a report highlighting the historic and transformational…

NCRC Files HUD Complaints Against Appraisers Who Discriminated Against Black Homeowners in Recent Investigation

by Jovi | Nov 8, 2022 | African Americans, Economy, World & Nation | 0

Federal housing officials should sanction two appraisal firms in Baltimore over their discriminatory treatment of Black homeowners who participated in a recent “mystery shopper” investigation of appraisal bias, the National Community Reinvestment Coalition (NCRC) wrote in a pair of complaints filed with the Department of Housing and Urban Development (HUD).

State, Local Officials Take Actions to Tackle Homelessness Crisis

by Jovi | Nov 8, 2022 | Economy, Front Page, State, State & Local Politics | 0

California state and local officials are serious about tackling the state’s growing homelessness crisis head on as it continues to rise.

Chairwoman Waters Warns Chair Powell About Consequences of Interest Rates Hike, Urges Extreme Caution to Avoid Recession

by Jovi | Nov 1, 2022 | Congress, Economy, Maxine Waters | 0

WASHINGTON, D.C. – Following the Federal Reserve’s recent decision to increase the federal funds rate by 0.75 percent to a target…

Foul Shot: NBA, NFL Stars Flee Kanye West’s Sports Agency Over His Anti-Semitism

by Jovi | Oct 31, 2022 | Economy, Features & Profiles, Marketing, NBA, NFL, Urban News | 0

Donda Sports lost key clients due to its founder’s ongoing hate speech. The post Foul Shot: NBA, NFL Stars Flee Kanye West’s Sports Agency Over His Anti-Semitism appeared first on Zenger News.

Inflation Hammering Americans Although an End May Be in Sight

by Jovi | Oct 4, 2022 | Economy, Features, World & Nation | 0

Dr. Linwood Tauheed said the United States could end up with “the worse possible of all worlds” as the US economy struggles to recover from a devastating global pandemic, supply chain problems, absorbing the effects of the Russia-Ukraine conflict and the widespread sanctions imposed against Russia for invading Ukraine.