Home Consumer debt The news in figures: from April 2 to 8 | News

The news in figures: from April 2 to 8 | News


23 million dead birds

More … than 23 million birds across the United States have died due to the current outbreak of avian flu. The majority of birds are chickens and turkeys slaughtered on farms to prevent the spread of disease. The virus, discovered two months ago in wild birds, has spread to 24 states. Consumers should expect to see the impact of the current outbreak on grocery prices. In the Midwest, for example, the price of a dozen white eggs large caliber A has more than doubled since March.

New law saves USPS nearly $50 billion

On April 6, President Joe Biden signed a bill that will pretty much save the United States Postal Service $50 billion over the next 10 years. The new law will require employees to enroll in Medicare when eligible and repeal a 2006 mandate that required the USPS to prefund retiree health benefits.

Consumer debt increased by $42 billion

U.S. consumer debt increased by approximately $42 billion in February— an annual increase of more than 11%, and a new record, according to the Federal Reserve’s consumer credit report published on April 7. By comparison, consumer debt grew by less than 3% annually in January.

Senate votes 53-47 on Ketanji Brown Jackson

On April 7, the Senate voted 53-47 to confirm Ketanji Brown Jackson as the first black woman to serve on the Supreme Court. Republican Senators Susan Collins of Maine, Mitt Romney of Utah and Lisa Murkowski of Alaska voted in favor of Jackson. Jackson will replace Justice Stephen G. Breyer when he retires at the end of the court session.

At least 50 dead in train attack in Ukraine

At least 50 people including 5 children, died and 100 injured after a Russian missile hit Kramatorsk railway station on April 8. The station has been used to evacuate civilians from Ukraine’s eastern Donbass region, where fighting is intensifying. Russia should concentrate its military efforts there following the withdrawal of troops from the north around kyiv.