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 …
"rising inflation"
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In a troubling sign for the U.S. economy, the federal government has paid over $1 trillion in gross interest on its debt for fiscal year 2024. According to the Treasury …
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In a recent report by The Epoch Times, the state of the U.S. job market was analyzed as the Federal Reserve shifted its focus from inflation control to employment stabilization. …
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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 …
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Election 2024Money
Housing Affordability Crisis: 61% of Renters Can’t Meet Median U.S. Apartment Costs
A staggering 61% of American renters are now unable to afford the median rent rate, as inflation continues to erode earnings and affordable housing remains scarce. This sobering statistic from …
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U.S. job openings have dropped to their lowest level since February 2021, indicating a cooling job market. As of April, job vacancies decreased to 8.1 million, down from 8.4 million …
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In 2023, U.S. healthcare spending reached a record $4.8 trillion as more Americans obtained insurance, outpacing the nation’s GDP growth. This surge in spending, largely fueled by increases in Medicaid …
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As the cost of living continues to surge across the United States, 78% of Americans now view fast food as a luxury, according to a recent survey conducted by LendingTree. …
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America NowMoney
U.S. Interest Payments Now Exceed Defense and Medicare Spending as National Debt Grows
Congress has allocated more funds to interest payments than to national defense and Medicare combined. In the first seven months of the fiscal year, spending on net interest reached a …
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President Joe Biden’s expansive migration policy is notably impacting the U.S. housing market and financial stability. As reported by the Wall Street Journal and key figures in the Federal Reserve, …