Finance
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![Money printed](/sites/default/files/styles/card/public/2020-07/GettyImages-1128676944.jpg?h=919b3de0&itok=rZcb5A0l)
Rapidly rising national debt threatens to reduce income growth by one-third: CBO data
Projected national debt growth could reduce income growth by 33% over the next three decades and 42% annually by FY 2049, according to the CBO
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![Real estate signs in Antioch, Calif.](/sites/default/files/styles/card/public/2022-10/GettyImages-77332452.jpg?h=6d9cd77a&itok=9HsTF4LG)
Fed's Kashkari: 'Many months of positive inflation data' needed before rate cut
Kashkari signaled that the Fed might have to increase interest rates further if inflation does not cool over several months.
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![Red lobster](/sites/default/files/styles/card/public/2024-05/GettyImages-1329725331.jpg?h=119335f7&itok=EadI40M6)
Red Lobster files for bankruptcy, says it has $1 billion in debt
Red Lobster already started closing restaurants prior to declaring bankruptcy and it appears that more closures will occur following the filing.