November witnessed a robust addition of 199,000 jobs in the US, signaling a potential “soft la..
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The Commerce Department announced yesterday that the US economy grew faster than previously estimate..
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An 11-month-old TikTok video showing a $16.10 McDonald’s meal has gotten Americans fuming on s..
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A new economic term to learn this week is ‘deflation,’ as Walmart CEO Doug McMillon says..
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The Commerce Department noted a 0.1% drop in October retail sales yesterday, indicating that people ..
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Job growth showed signs of cooling as October data fell short of expectations, adding only 150,000 p..
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A majority of Americans find themselves on a financial tightrope, revealing their expenses outpace i..
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The US Gross Domestic Product (GDP) grew like Jack’s Enchanted Beanstalk last quarter and jump..
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Federal Reserve Chair Jerome Powell hinted at raising interest rates in the coming months as a stron..
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Wealth in American households jumped a remarkable 37% surge during the pandemic, driven by unprecede......
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Having fun is getting expensive. Tickets to concerts, sports and theme parks have surged in price th..
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The gap between taxes owed and paid (tax gap) jumped to $688 billion for tax year 2021, according to..
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Times Square in New York opened its 180th business recently, surpassing the 179 closures due to the ..
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The Federal Reserve opted to hold interest rates steady, but stocks slid after it hinted at one more..
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Federal Reserve officials are expected to maintain interest rates unchanged at today's meeting.
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Children in poverty in the U.S. more than doubled to 12.4% in 2022, compared to 5.2% in 2021 (when i..
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If you are thinking of buying a house right now, think twice. The average long-term mortgage rate cl..
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Homeownership has declined among young Americans, especially millennials (born between 1980-2000). T..
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A year ago today, President Joe Biden signed the Inflation Reduction Act (IRA), a multi-layered bill....
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One of the major Wall Street banks, the Bank of America (BofA), joined the Federal Reserve in revers..
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Fitch Ratings, one of the three major credit ratings agencies in the world, downgraded the U.S. rati..
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The Federal Reserve raised interest rates by 25 basis points Wednesday, lifting the key lending rate..
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Americans have improved their financial situation. Recent data reveals that people in the U.S. have ..
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Inflation cooled last month to touch its lowest level in two years and reached 3%, an encouraging si..
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Stronger-than-expected jobs data after private payrolls surged last month (ADP report) roiled Wall S..
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Stocks started on a downward note as Wall Street returned from the July 4th holiday break. The main ..
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Music stars including Beyonce, Taylor Swift and Elton John have thrown a curveball at economists; th..
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Just when everyone thought that interest rates had peaked, major central banks around the world bega..
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For the first time in 15 months, the Federal Reserve did not change the interest rates Wednesday but..
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Americans can breathe easy as the latest Consumer Price Index (CPI) report brings some relief. The l..
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