Goldman Sachs economists have raised their estimation of the likelihood of the United States entering a recession within the next year from 15% to 25%. Despite this increase, they continue …
"economy"
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In 2022, California’s economy suffered a significant impact from obesity-related health issues, with an estimated $90 billion loss in economic activity. This led to an $11 billion deficit in the …
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Since the onset of the COVID-19 pandemic in 2020, homeownership costs in the United States have risen sharply, jumping 26% as property taxes, insurance, and utility bills escalate in a …
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America NowMoney
73% of Americans Skipping Summer Vacation Due to Financial Strains in Biden’s Economy
In what has become an increasingly difficult economic climate under President Joe Biden’s administration, most Americans are opting out of summer vacations this year, primarily due to financial constraints. A …
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Concerns over a potential debt default are mounting both in the US and across the globe. Recent developments in the debt ceiling negotiations have led leading economists to question whether …
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With stock markets having had their quickest correction ever last week, and continuing middling performance that is only being boosted by central bank liquidity, many Americans are wondering what the …
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With the assassination of Iranian general Qasem Soleimani, the Middle East has been thrown into even more turmoil. While the Middle East has never been a peaceful place, the recent …
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By now most people realize that the world economy is in decline. Europe is falling into recession, the US is headed there, and country after country is seeing economic slowdown …
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With Brexit on the minds of many Europeans, the condition of the European economy is far from most people’s thoughts. So much focus has been placed on the one-shot deal …
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One of the hallmarks of the mid-2000s housing bubble was the widespread popularity of house flipping. From TV shows such as Flip This House to seminars devoted to teaching people …