Federal Data Shows Americans Are Feeling the Pain of Inflation
Newly released survey data from the federal government shows Americans are feeling the pain of high prices.
The post Federal Data Shows Americans Are Feeling the Pain of Inflation appeared first on Worthy Christian News.
US credit card debt hit a record high as inflation leaves consumers financially stressed
Americans are relying on credit cards more than ever. But as prices remain stubbornly high, they’re also having trouble making payments on time.
Moldova: ‘Russia Seeks Overthrow Government’
Moldova’s president says Russia is plotting to overthrow the country’s pro-European Union after a Russian missile violated the country’s airspace.
Federal Reserve raises interest rates by 25 basis points
The Federal Reserve on Wednesday raised interest rates by 25 basis points, issuing an 0.25% hike in line with earlier expectations in a move that signals a rate slowdown in the Fed’s fight against inflation.
Hungary’s Premier: ‘Dissolve EU Parliament’
As European legislators prepared for their long Christmas holidays, Hungary’s prime minister advised them not to return.
Household wealth dropped by $13.5 trillion from January to September, second-worst destruction on record
American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market shed more than 25% of its value, the Federal Reserve reported Friday in the government’s quarterly financial accounts.
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