President Joe Biden and House Republicans have finally agreed on a deal to raise the government’s debt ceiling, including changes to the federal budget in a number of areas. Analysts say the agreement could have only marginal effects on the US economy.
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Grocery prices finally dipped in March, falling for the first time since September 2020, according to data released Wednesday by the Bureau of Labor Statistics.
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The unemploymeant rate dropped to 3.5%, according to the March jobs report released Friday by the Bureau of Labor Statistics.
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Inflation’s temperature came down a little bit more last month, but the Federal Reserve’s campaign to bring down high prices has grown even more complex in recent days.
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Grocery prices rose slightly last month, but eggs are finally getting cheaper in the supermarket.
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Millions of Americans have student loan debt, amassing to more than $1.6 trillion by the end of last year, according to the Federal Reserve Bank of New York.
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The US unemployment rate returned to a historic low of 3.5% in December. Not everyone is celebrating, however: Jobless rates for Black women and Latino men still haven’t recovered fully from the pandemic.
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The US economy added 145,000 jobs in December, the Bureau of Labor Statistics said Friday. Although the headline number slightly missed economists’ expectations, the unemployment rate remained steady at 3.5%, a historic low. Over the past three months, an average of 184,000 new positions were added per month. December’s jobs total was nearly 100,000 jobs fewer […]
