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National Debt Tracker: American taxpayers (you) are now on the hook for $35,959,176,987,940.11 as of 11/18/24
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Goldman Sachs economists released an analysis that projected that President-elect Trump's tax cuts and deregulation will support growth, while broader tariffs could dampen the impact.
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip
In its first open-ended strike in 22 years, Nevada's largest union called on hundreds of workers at Virgin Hotels Las Vegas to walk off the job Friday morning as negations failed.
Fed Chair Jerome Powell says central bank in no rush to reach 'neutral rate'
Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.
Mortgage rates fall slightly, ending 6-week climb
Mortgage rates leveled off this week after climbing for six consecutives weeks, stalling along with demand in the stagnant housing market amid an affordability crisis.
Where was inflation the highest in October? Northeast and Midwest cities near the top
Americans across the country are experiencing vastly different inflation rates depending on where they live, and new Labor Department data shows it was highest in the Northeast.
Credit card debt surges to another record high, New York Fed data shows
U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.
Boeing issues layoff notices as aerospace giant cuts 17,000 jobs
Boeing announced that it will lay off 10% of its workforce in the coming months and cut its production in the wake of a labor union strike.
Dockworkers' union walks away from negotiations with East and Gulf Coast employers
The ILA union representing East and Gulf Coast dockworkers walked away from negotiating with port employers over concerns about automation, raising the risk of the strike resuming.
Inflation rises 2.6% in October, in line with expectations
Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.