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Wages grow 4.3% in February but still outpaced by rising home prices

Wages increased in February for the seventh straight month, according to the BLS’ latest report. (iStock) The latest figures show that employment rose by 275,000 people in February, marking the second consecutive month of strong employment growth. Overview of employment situation According to the U.S. Bureau of Labor Statistics (BLS). Employment growth fell short of […]

US dollar slumps on rising unemployment and weaker wage growth – ForexLive

The US dollar is at its lowest this week following the release of February non-farm payrolls numbers. The headline numbers were strong at +275K compared to +200K, but there were some soft details underneath. First, his two previous reports were revised downward by a total of 167,000 jobs, making total payrolls lower than expected. The […]

NYC Times Square billboard warns American public about rising US debt

The Committee to Unleash Prosperity has launched a new campaign warning Americans about “reckless” government spending. A nonprofit organization has launched a new billboard campaign in New York City’s Times Square warning Americans about the “time bomb of $34 trillion in government debt.” The Committee to Unleash Prosperity (CTUP) announces an advertising campaign with 50-foot-tall […]

Biden ‘strike force’ targets rising prices

The announcement will be made a few days before union status In Thursday’s speech, Biden is expected to tout his efforts to lower prices for American consumers and make an economic pitch to Congress and voters as his re-election campaign heats up. “Despite falling prices for important items like a gallon of milk or a […]

North Carolina’s insurance rates hike denied, rates in other states still rising

While the rejected increases are good for North Carolinians, other states are seeing record increases. (iStock) North Carolina Insurance Commissioner Recently Rejected The proposal from insurance companies would increase homeowners insurance premiums by an average of 42.2% across the state. The rate increases will result in rate increases of 4.3% in some sparsely populated areas […]

Mortgage rates are rising again. See how much money they’re costing you

Real estate agent Mauricio Umansky told “The Claman Countdown” that high mortgage rates, high prices and a lack of supply are creating difficulties for homebuyers. Mortgage rates rose to their highest level in two months ahead of the crucial spring home buying season, dampening demand from prospective buyers. Mortgage buyer Freddie Mac announced Thursday that […]

Core Inflation Measure Shows Prices Rising At Fastest Pace In A Year

The pace of price increases facing U.S. households accelerated in January, the fastest in a year, casting doubt on the idea that high inflation is receding. The personal consumption expenditure price index, known as the PCE price index, rose 0.3% in January. Compared to 12 months ago, the index is up 2.4%, lower than the […]

Robert Garcia says it’s ‘racist’ to suggest migrant crime is rising

Democratic lawmakers say suggesting immigration crimes are on the rise is a “racial thing” following the death of nursing student Laken Riley, who was campaigning for President Biden ahead of Thursday’s event at the southern border. He argued that it was discriminatory. “This immigrant crime narrative is racist,” Rep. Robert Garcia (D-Calif.) said Wednesday at […]