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National Debt Tracker: American taxpayers (you) are now on the hook for $36,163,442,396,226.61 as of 12/11/24
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.
Chances of Fed rate cut rise despite higher November inflation report
The market sees the probability of another 25 basis point interest rate cut at next week's Federal Reserve meeting as rising despite inflation ticking higher in November.
Mechanic shortage persists as workers age out of profession
There is a growing shortage of auto mechanics in the industry as workers age out. Certain issues like stigma and finding replacement workers are some challenges.
Inflation rises 2.7% in November, in line with expectations
The Labor Department released new inflation data for November, which showed that prices were up 2.7% from a year ago as the Federal Reserve weighs another interest rate cut.
Top housing markets for 2025 revealed in new forecast
Realtor.com's 2025 housing forecast predicts which major metro areas will have the hottest housing markets based on a combination of projected home prices and sales.
Boeing to layoff hundreds in Washington state as company-wide cuts continue
Boeing will be laying off 396 employees in Washington state as part of the 10% cut of the company's global workforce following a crisis-filled year.
American Airlines halts flights to Haiti
American Airlines is halting flights to Haiti indefinitely, a move that comes as the Caribbean nation faces growing gang violence and unrest.
US economy added 227K jobs in November, above expectations
The Labor Department on Friday released the much-anticipated November jobs report, which showed the economy added 227,000 jobs while the unemployment rate ticked up.
Dollar Tree could drop some products if tariffs are enacted
Dollar Tree's interim CEO told analysts the company has strategies it can implement, such as changing or removing certain products to mitigate risks from tariffs.
Penn Wharton model shows ways Trump admin could lower debt while sustaining economic growth
Penn Wharton Budget Model analysis outlines policies the Trump administration could pursue to reduce the long-term growth of the national debt while spurring additional economic growth.