Inflation Slows, But Americans Still Struggling
CPI Data Is Out: Inflation rose 2.9% over the past year, signaling that price increases are slowing down.
CPI Data Is Out: Inflation rose 2.9% over the past year, signaling that price increases are slowing down.
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U.S. inflation rose 2.9% in July versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.
Despite California spending upwards of $24 billion over the past five years, homelessness has increased by 40%. One America’s Stephanie Myers speaks with Prager U’s Aldo Buttazzoni, who interviewed residents of Los Angeles about what needs to be done to fix the crisis.
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.
Food prices continue to spiral out of control, while the Biden White House claims their economy is helping everyday Americans
U.S. job growth slowed more than expected in July, with the unemployment rate increasing 4.3%, leading to fears that the labor market is faltering and the economy is heading for a possible recession.
While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.
The United States national debt has now reached an outrageous $35 trillion dollars, according to the House Budget Committee.