White House Acknowledges Inflation Impact on US Consumers
The top White House economic adviser on Sunday acknowledged the pain for Americans of sharply rising consumer prices, saying that President Joe Biden remains open to the possibility of tapping the U.S. Strategic Petroleum Reserve to ease spiraling gaso…
Black Homebuyers Underrepresented in US Real Estate Boom
The Covid-19 pandemic has changed the nature of homebuying in the United States, but one constant is that Black Americans do not have the same access to a home of their own.Black purchasers made up just six percent of the total homebuyers this year — …
Inflation Spike May Sway Biden’s Choice for Next Federal Reserve Chair
President Joe Biden and his advisers appear to be nearing a decision on whether to reappoint Federal Reserve Board Chair Jerome Powell when his term ends in February.But public outcry over persistently high inflation may have changed the terms of the d…
Climate Change Rocks Agricultural Commodity Market
Agricultural commodities such as coffee, cotton and wheat faced sharp price swings this year as output was hit by extreme weather sparked partly by climate change.According to analysts, volatile weather conditions and temperatures have adversely impact…
WHO: People With Diabetes in Africa Particularly Vulnerable to COVID
Ahead of World Diabetes Day Sunday, the Africa office of the World Health Organization is warning that the chronic disease leaves patients especially vulnerable to the effects of COVID-19. In Zimbabwe, the government is building rural health centers to…
US Drug Maker Johnson & Johnson to Split Into Two Companies
U.S. drug maker Johnson & Johnson announced Friday it will separate its consumer health business of over-the-counter, name brand drugs from its prescription drug and medical device business, creating two companies.In a release posted to its website, th…