First American News LLC

The U.S. Plans Sanctions -Export Controls Against Russia if It Invades Ukraine

First American News LLC, Raleigh, NC: The Biden administration, has made it very clear that if Russia invades Ukraine, the U.S. will proceed with sanctions. It is also, working to mitigate market shocks if Russia withholds energy supplies in retaliation. The U.S. is prepared to impose export controls on critical sectors of the Russian economy …

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Child hospitalization by first American News

Child hospitalization has reached an alarming rate as Omicron variant becomes prevalent

Health, U.S.

First American News LLC-Raleigh, NC: Covid-19 hospitalization rates among children are soaring in the United States, with an average of 4.3 children under 5 per 100,000 hospitalized with an infection as of the week ending January 1, up from 2.6 children the previous week, according to data from the US Centers for Disease Control and …

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Wall Street Is Using Tech Firms Like Zillow to Buy Starter Homes

Real Estate, U.S.

First American News LLC, Raleigh, NC: A business that’s touted as a convenience for home sellers has created a secret pipeline for big investors to buy properties, often in communities of color. Zillow Group Inc. spent last year aggressively expanding a home-flipping operation designed to make the $2 trillion U.S. real estate market better for …

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Covid: US reports record infections as Europe’s Omicron cases also soar

Health, U.S.

First American News LLC, Raleigh, NC: The US and several European countries have reported their highest daily rises in Covid cases since the pandemic began, as the Omicron variant spreads. More than 440,000 new cases were recorded in the US on Monday, health officials said. France, Italy, Greece, Portugal and England have also reported record …

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Luxury Real Estate In New York’s Best Year Ever In Sales

Real Estate, U.S.

First American News LLC, Raleigh, NC: In case anyone was still worried about New York City is “over,” the news of its best-ever year in luxury home sales should put that concern permanently to rest. Of the 1,877 contracts signed at $4 million and above, a staggering 400 were signed for properties asking $10 million …

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omicron news economy by first american news

Omicron Starts to Slow U.S. Economy as Consumer Spending Flags

Economy, U.S.

Signs are mounting that the U.S. economy is losing some steam as the Omicron variant of the Covid-19 virus spreads rapidly through parts of the country, as reported on WSJRenewal. The number of diners seated at restaurants nationwide was down 15% in the week ended Dec. 22 from the same period in 2019, a steeper …

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Stock Market Next Year as Interest Rates Rise – Just Don’t Expect Big Returns

Markets, U.S.

First American News LLC, Raleigh, NC: For investors, this has been a year like no other. Stocks soared, bonds slumped, Bitcoin went bonkers—on the upside and down—and nonfungible tokens became a head-scratching asset class, after an NFT of a digital collage by an artist known as Beeple sold at auction for $69 million. By our …

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2022 Midterm Elections Predictions and Control of The Senate

As Omicron Takes Over in the U.S., More Curbs World-Wide

Lifestyle, U.S.

Fast-spreading variant prompts caution over travel, events First American News LLC, Raleigh: New travel restrictions and other steps to curb the spread of the Omicron variant were put in place worldwide as further evidence emerged of just how rapidly the new strain spreads. The Centers for Disease Control and Prevention said Omicron had overtaken the …

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U.S. Economy Loses Fed, Fiscal Props After Powell-Manchin Pivots

Business, Economy, Markets, U.S.

First American News-Raleigh, NC: The U.S. economy will spend 2022 learning to live with the coronavirus without much in the way of help from the Federal Reserve or the federal government — especially with the derailing of President Joe Biden’s $1.75 trillion spending plan says Bloomberg News. The Fed’s pivot last week toward tighter credit …

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