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The Federal Reserve may not cut interest rates just yet, here's what that means for your money
The Federal Reserve is not expected to start cutting interest rates just yet. Here’s what that means for your wallet.
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The Body Shop shuts down in the U.S. after filing for bankruptcy
The chain has indicated it will shutter the 50 U.S. locations that had been operating.
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What is ‘shrinkflation'?
The practice usually affects consumers at the grocery store. Here’s what it means.
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A ‘cowboy ski town' where high earners can't afford a home faces a housing battle
In Steamboat, Colorado, along with other mountain towns and destination communities across the country, a pandemic-fueled real estate boom driven by remote workers, second-home buyers and short-term rental investors has caused home prices to nearly double.
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Macy's plans to close 150 locations
The retailer will close 50 locations by the end of the year and another 100 “unproductive” stores will follow. Macy’s plans to leave open 350 locations and focus on its luxury sale lines.
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Consumers are increasingly winning in their fight against higher prices. Here's how
Inflation has changed the way many Americans shop. Now, those changes in consumer habits are helping bring down inflation.
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I've lived in the Netherlands for 14 years—why we're always ranked one of the world's happiest countries
Happiness researcher Olga Mecking shares why “niksen,” the Dutch art of doing nothing, is one of the biggest reasons why people in the Netherlands are so happy and content.
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Young adults are getting used to living on a financial cliff
Many young people came of age between two recessions, a pandemic and crushing student loan debt.
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Young adults are delaying major life decision due to the economy
A CNBC survey of people 18 to 34 years old finds that many are putting off major life decisions like marriage and starting a family because of the negative impact of the economy. It also finds about 60% aren’t saving for retirement. An expert suggests ways for young adults to get on better financial footing.
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Some Americans have become saddled with credit card debt as rent and everyday prices remain high
Noticeable pockets of Americans — renters, lower and middle-income borrowers — are running up their credit cards balances, and increasing numbers are falling behind on their debts.
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Face the Facts: Efforts to combat unemployment
How do we match workers to the 80,000 open jobs in Connecticut? Chris DiPentima, CEO of the Business and Industry Association, shares his ideas.
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Face the Facts: Efforts to combat unemployment
How do we match workers to the 80,000 open jobs in Connecticut? Chris DiPentima, CEO of the Business and Industry Association, shares his ideas.
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Federal Reserve's favored inflation gauge tumbles in November as prices continue to ease
The Federal Reserve’s preferred measure of prices fell last month, another sign that inflation is easing and that consumers should expect to see lower interest rates in 2024.
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Driven by cheaper gas, cars and airfares, US inflation slowed in October
Tuesday’s report showed that prices either fell or rose only slowly across a broad range of goods and services, including gas, new and used cars, hotel rooms and housing.
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Strong US economic growth for last quarter likely reflected consumers' resistance to Fed rate hikes
The government is expected to report stellar growth for the U.S. economy during the July-September quarter, highlighting the durability of consumer and business spending despite the Federal Reserve’s efforts to cool the expansion with high interest rates.
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Rite Aid files for bankruptcy
Rite Aid, the third-largest US drugstore chain, filed for Chapter 11 bankruptcy protection Sunday
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What a government shutdown means for you: Social Security, SNAP, passports and more
If a shutdown happens, millions of federal employees will be furloughed and many others will be forced to work without pay until it ends. A handful of federal programs that people nationwide rely on everyday could also be disrupted.
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White House preparing for government shutdown, disruption of federal services
The White House on Friday directed federal agencies to get ready for a shutdown after House Republicans left town for the weekend with no viable plan to keep the government funded and avert politically and economically costly disruption of federal services.
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Here are 3 money moves wealthy Americans are more likely to make in times of economic uncertainty
There are certain money moves wealthy Americans are more likely to make to improve their long-term well-being.
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Biden's goals for labor and climate collide in United Auto Workers strike
The United Auto Workers strike has exposed tensions between President Joe Biden’s goals of fighting climate change and supporting unions.