Economy
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Report finds Americans are still paying off credit debt from last Christmas
Study was done by WalletHub.
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U.S. economy sets 2-year high for growth, exceeding analysts' expectations by more than 40%
Plunge in private business investment from second quarter nearly stopped in third quarter, down just 0.3%, Commerce Department says.
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Consumer prices increased in November at annualized rate of 2.7%, lower than expected
The rate was lower than the projected 3.1% by Wall Street.
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US economy added 303,000 jobs in March, largest monthly increase since May 2023
Economists forecasted roughly 200,000 jobs having been added last month.
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US job openings increased in February: report
The most job openings increased in the departments of finance, entertainment, local government and recreation.
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Key economic indicator show consumer prices up 2.5% in February, compared to 12 months earlier
A 2.3% increase in energy prices was a key factor in the increase in the annual inflation rate.
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Former Pentagon official warns of economic, security fallout from Baltimore bridge collision
"If nothing else, the traffic is going to be horrendous around Baltimore. The other is absolutely shipping and logistic chains," he said.
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Existing home sales jump 9.5% in February but still lower than last year
It was the largest jump in a year, but overall sales declined 3.3% from the previous February, according to the National Association of Realtors.
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Fabrics and crafts retailer Joann files for bankruptcy
The decision comes after the retailer saw a temporary boom in sales early in the COVID-19 pandemic.
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Tyson Foods closes Iowa plant but looks to hire 42,000 immigrant workers
Following the report, Tyson stressed that it only hires people who are legally authorized to work in the United States.
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Latest inflation figures show that Americans' basic needs eat up more household budgets under Biden
Food prices were unchanged in February but are up 2.2% over last year. Electricity prices have risen 3.6% over last year, and rose 0.3% in February.
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Inflation rate rises to 3.2% as economy concerns intensify ahead of 2024 election
Polls show that voters are already concerned about the economy and inflation ahead of the 2024 election.
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Republican AGs press BlackRock on ESG activism as firm admits risks
ESG practices have come under scrutiny from conservatives over concerns that they may present a conflict of interest and constitute the breach of a firm's fiduciary duty to its investors.