US consumer outlook improves in August as inflation expectations fall to 8-month low
admin The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices…
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Mortgage rates rise amid signs of ‘waning demand’ for homes
The 30-year fixed-rate mortgage averaged 5.55% as of Aug. 25, according to data released Thursday…
Read MoreJobless claims fall to one-month low of 243,000 with no sign of surging layoffs
The numbers: The number of people who applied for unemployment benefits last week fell to…
Read MoreWhat are Pell grants? Biden to cancel $20K in student loans for Pell recipients
President Joe Biden is set to announce a plan that would forgive student loan debt…
Read MoreBaby formula shortage is finally easing, although some states are still seeing high out-of-stock rates
America’s baby-formula shortage appears to be easing. As of Monday, there were 25% more baby-formula…
Read MoreJobless claims fall to 250,000 and show little sign of surging layoffs
The numbers: The number of people who applied for unemployment benefits dipped to 250,000 in…
Read MoreHome builders see ‘housing recession’ as builder sentiment index drops further in August
The numbers: The National Association of Home Builders’ monthly confidence index fell 6 points to…
Read More‘I don’t have many people visiting me’—You may be surprised to learn that your neighbor is going hungry
My teenage son and I volunteered together for a local Meals on Wheels program in…
Read MorePutin’s claim that sanctions are creating conditions for a global famine is a myth, say Yale academics
Talk that the international sanctions imposed on Russia in the wake of its unprovoked invasion…
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‘Remote work is here to stay,’ says New York Federal Reserve
Employees in the New York area who work from home are reluctant to give up…
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