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National Debt Tracker: American taxpayers (you) are now on the hook for $34,554,969,025,868.11 as of 4/26/24
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.
Fed's favorite inflation gauge rises faster than expected in March
The Federal Reserve's favorite measure of tracking inflation jumped 0.3% in March as American families continue to grapple with elevated consumer prices.
Raising a child in the US is getting even more expensive
The cost of raising a child in the U.S. has gotten exponentially more expensive, averaging about $21,681 per year as of 2021, according to new research.
Bob Doll reveals his outlook on the economy: Powell will have to wait before lowering rates
Crossmark Global CEO Bob Doll provides his outlooks for the economy and faith-based investing on 'Making Money.'
The real focus has to be on continuing the inflation fight, says Esther George
Former Kansas City Federal Reserve President Esther George on the chances for a rate cut, the possibility of a rate hike and the risks of stagflation.
Jamie Dimon is skeptical about the odds of a 'soft landing'
JPMorgan Chase CEO Jamie Dimon on Thursday warned that the odds of a soft landing within the U.S. economy are shrinking amid signs of still-high inflation.
Mortgage rates continue upward climb to 7.17%
Mortgage rates rose again this week, with the average 30-year fixed-rate note climbing further past 7% in another blow to the struggling housing market.
US economy grew slower than expected at the start of 2024
Gross domestic product, the broadest measure of goods and services produced across the economy, grew at a 1.6% annualized rate during the first quarter.
Tesla driver using autopilot mode charged with vehicular homicide in death of motorcyclist
A motorcyclist in Washington state is dead after a Tesla vehicle on autopilot crashed into him last week. The driver is charged with vehicular homicide.
Mortgage demand falls again as interest rates soar past 7%
A key measure of home-purchase application fell for the third straight week as mortgage interest rates marched to the highest level since November 2023.