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Why America’s rich keep getting richer
...value — which has surged in the past several years. And as mortgage rates have risen,lower-income Americans have gotten locked out from the American Dream. Just 3% of America’s home value is......
War-driven price shock sent inflation higher in April
The Iran war’s oil price shock drove the Federal Reserve’s preferred inflation gauge to 3.8% last month, its highest rate in nearly three years, new data showed Thursday. The Personal Consumption......
More people are going hungry now than at the height of the pandemic
More people in the United States are going hungry now than during the depths of the pandemic six years ago. A survey released Wednesday by the Federal Reserve Bank of New York found higher levels of......
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