On November 7, the Federal Reserve cut interest rates by 0.25%, marking its second reduction this year. This adjustment lowers the federal funds rate to a range of 4.5% to …
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Following President-elect Donald Trump’s victory over Vice President Kamala Harris, Wall Street saw a sharp rise as investors anticipated favorable economic policies from a Trump administration. The Dow Jones Industrial …
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Ex-Target Executive Warns of Weak Holiday Shopping Season as Americans Face Economic Struggles
Former Target Vice Chairman Gerald Storch has issued a warning about the upcoming holiday shopping season, citing inflation and dwindling savings as major concerns for consumers. Speaking on Fox Business …
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The U.S. federal deficit is expected to hit $2 trillion in the 2024 fiscal year, nearly double the amount before the COVID-19 pandemic. Federal borrowing is now over $5 billion …
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(The Center Square) – Recent Medicare changes announced by the Biden administration could cost taxpayers more than $21 billion over the next three years, according to a new analysis by …
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Government Benefits Now Account for Nearly One-Fifth of Americans’ Income, Report Shows
Government benefits now account for nearly a fifth of Americans’ income, according to a report by the Economic Innovation Group (EIG). The study shows a significant increase in reliance on …
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Consumer confidence in the U.S. economy took a sharp nosedive in September, marking the biggest one-month decline since the onset of the COVID-19 pandemic. According to the Conference Board’s Consumer …
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U.S. New Home Sales Decline in August, but Falling Mortgage Rates Could Boost Future Demand
Sales of new U.S. single-family homes fell in August 2024, but the decline was smaller than expected. According to the Commerce Department’s Census Bureau, sales dropped 4.7% to a seasonally …
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Trump Vows to Block China from Buying U.S. Farmland: ‘We Have to Have Control of Our Land’
Former President Donald Trump vows to stop China from buying U.S. land if re-elected in the upcoming presidential election. In an exclusive interview with Breitbart News, Trump highlighted the need …
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To prevent delays in veterans’ benefits, Congress has approved a $3 billion emergency budget stopgap for the Department of Veterans Affairs (VA). The Senate passed the measure on Thursday, following …