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Over 72 million Americans will get a 2.5% increase in Social Security benefits in 2025 due to the cost-of-living adjustment (COLA).
US stock indices fell on Friday as strong job market data raised concerns about inflation and interest rates affecting Wall Street.
Speaker Mike Johnson seeks funding from the Inflation Reduction Act, despite previously calling it 'legislative malpractice.'
US stocks fell significantly as December's jobs report raised inflation fears, impacting investor confidence and market trends.
Stocks and bonds plummet as strong job market data raises interest rate fears and inflation concerns, impacting global markets.
Key economic data including producer and consumer prices, and retail sales report are set for release next week, impacting inflation trends.
A new report reveals that American diners are tipping less than in previous years amid rising restaurant prices and service fees.
Biden's presidency ends with significant labor improvements, marking the lowest unemployment since Clinton, but inflation dampens wage gains.
Consumer inflation expectations in the US have surged, reaching their highest level since 2008 due to worries over possible tariffs.
Employers created 256,000 jobs in December, surpassing predictions and showcasing resilience in the job market despite high inflation.
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