Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%

The consumer price index increased 0.3% for the month, higher than the 0.2% estimate at a time when most economists and policymakers see inflationary pressures easing. On a 12-month basis, the CPI closed 2023 up 3.4%. Economists surveyed by Dow Jones had been looking for a year-over-year reading of 3.2%.

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216,000 Jobs Created in December, Unemployment Stays at 3.7%

The Bureau of Labor Statistics reported that 216,000 jobs were created in December as the unemployment rate stays steady at 3.7%

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Is the economy at risk of a recession?

Is the U.S. economy heading toward a recesssion?

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US homelessness hits highest level as rents have soared

As housing in the US has become increasingly unaffordable over the past few years, the number of people experiencing homelessness surged to its highest level on record this year, according to an annual survey taken in January.

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Wall Street Sounds the Alarm About US Economy

Wall Street is sounding the alarm about the U.S. economy, with a number of banking experts predicting the country is headed for recession.

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JPMorgan CEO Jamie Dimon Warns of America’s ‘Sugar High’ of $33 Trillion in Debt, Urges Immediate Attention

JPMorgan CEO Jamie Dimon Warns of America’s ‘Sugar High’ of $33 Trillion in Debt, Urges Immediate Attention

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