All of Thursday’s financial news from the United States of America
Good morning everyone and thanks for joining in with this latest edition of our daily MARCA in English American financial news blog, the space where we bring you updates on all the financial news and benefits schemes from around the United States, with this edition coming to you on Thursday, October 20.
We use this space to explain how you can bring in more money, through schemes such as Welfare Programs, Stimulus Checks or UBI Payments, as well as outlining how to save money on things like Student Loans or Gas Prices.
Combined, this all leads to more money staying in your bank account. So, follow along with us for all the latest updates, which follow on below with the most recent ones nearest the top.
The number of Americans applying for unemployment benefits fell last week and remains historically low even as the U.S. economy slows in the midst of decades-high inflation.
Jobless claims for the week ending Oct. 15 declined by 12,000 to 214,000 from 226,000 last week, the Labor Department reported Thursday.
The major freight railroads appear unwilling to give track maintenance workers much more than they received in the initial contract they rejected last week, increasing the chances of a strike.
The railroads took the unusual step of issuing a statement late Wednesday rejecting the Brotherhood of Maintenance of Way Employes Division union’s latest request to add paid sick time on top of the 24% raises and $5,000 in bonuses they received in the first five-year deal.
Amazon is facing a $1 billion class action lawsuit in the U.K. over allegations it uses an algorithm to favor its own products and those of third-party sellers who use its storage and delivery services.
The litigation is being spearheaded by the law firm Hausfeld & Co LLP, which said in a news release that anyone who lives in the U.K. and made purchases on Amazon since October 2016 is eligible to be a claimant.
Sales of previously occupied U.S. homes fell in September for the eighth month in a row, matching the pre-pandemic sales pace from 10 years ago, as house hunters grappled with sharply higher mortgage rates, rising home prices and a still tight supply of properties on the market.
The National Association of Realtors said Thursday that existing home sales fell 1.5% last month from August to a seasonally adjusted annual rate of 4.71 million.
While many payment deadlines have expired during the month of October, some individuals are still eligible to receive payments but many have a limited amount of time left for residents to claim them.
Tax rebates were available in Colorado and Massachusetts up until just a few days ago and many residents in those states didn’t act in time.
Check eligibility and more details about the remaining tax rebates in our full article from earlier here.
Yesterday saw the launch of the application process for President Joe Biden’s one-time student loan forgiveness program, and many enthusiastic applicants. However, it can still be a few days or perhaps a few weeks before anyone notices the loan cancellation in their accounts.
The Biden administration pledged last week in federal court that no student loan debt will be forgiven as part of the one-time scheme until at least October 23.
You can read every detail about it in our full article from earlier here.
With the cost of living sky rocketing across the United States in 2022, several state leaders have stepped forward to announce financial relief programs through the use of either stimulus payments or tax rebates.
However, close to over 800,000 Californians could be set for timely financial bonus with latest round of Golden State Stimulus II checks set to be disbursed over the course of the month.
Eligible residents in California will should receive their payments between October 7 and October 25.
The other window is from October 28 to November 14, with payments set to issued until January 15, 2023.
For more info, head here.
When it comes to finding the cheapest gas stations in the USA, these are the lowest-priced places to get gas in the top 10 most populated cities in the country:
New York, New York (2.63 dollars): Citgo, 496 Arthur Kill Rd, Staten Island, NY.
Los Angeles, California (4.87 dollars): Sam’s Club, 603 S Placentia Ave, Fullerton, CA
Chicago, Illinois (4.55 dollars): Costco, 1430S Ashland Ave Chicago, IL.
Houston, Texas (2.76 dollars): Shell, 15215 FM 2920, Tomball, TX.
Phoenix, Arizona (3.67 dollars): Circle K, 307 AZ-77 Mmmonth, AZ.
Philadelphia, Pennsylvania (3.49 dollars): Ridge Gas, 2300 Ridge Ave Philadelphia, PA.
San Antonio, Texas (2.87 dollars): Sam’s Club, 5055 NW IH-410, San Antonio, TX.
San Diego, California (4.99 dollars): MCX Marine Mart, 8650 Boyington Rd, San Diego, CA.
Dallas, Texas (2.20 dollars): Rapido, 3227 E Lancaster St, Fort Worth, TX,
San Jose, California (4.99 dollars): Costco, 1709 Automation Pkwy, San Jose, CA.
Gas prices have been at the front of the minds of most United States drivers for the the majority of 2022, even if we’ve seen an ever-so-slight decline in fuel costs in the fall.
As is seemingly always the case, it is California residents that are paying the most for their gas on average in the whole country. The average price in The Golden State is struggling to get beneath 6 dollars per gallon and today it is 5.941 dollars per gallon. Alaska and Oregon are next up.
Georgia has regularly been one of or the cheapest in the USA for average gas price and today The Peach State is at 3.243 dollars per gallon. Many of the surrounding southern states are the next cheapest for gas with Texas and Mississippi next up.
So this is our MARCA In English financial news blog, where we bring you daily information on the benefits programs worth knowing about in the USA, detailing what they’re called and who is eligible.
As mentioned above, that does still, for the time being, include Stimulus Checks, which still exist in some states, depending on where you live and your state government’s current policies.
There are also more general money-saving tips worth knowing about, especially at this time of super high inflation.
Gas prices remain very high, especially in certain states like California, and that’s why you should keep in mind that it is possible to pay a little less at the pumps if you shop around just a little. So, we’ll provide a list for you on today’s blog of cheap gas stations in the major cities across the United States of America.
As well as that, there’s a lot more to discuss too, so stay right here for this Wednesday’s American financial news blog.
© Octubre 2022 Unidad Editorial Información Deportiva, S.L.U. All rights reserved.