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Qualify your business for a big refund in eight minutes. go to getrefunds.com to get started. powered by innovation refunds. >> the record inflation that rocked 2022 hit million income households the hardest while those at the lower and higher end saw their purchasing power increase. this year according to analysis from the "wall street journal." hillary vaughn breaks down the numbers. shes live on capitol hill. hillary, good afternoon. >> good afternoon, trace. high inflation is hitting middle ...

The commerce department said the gdp grew at 3.2% from july and december well above a 2.9% estimate. the stronger than expected reading was due to increases in exports and consumer spending. the u.s. labor market continues to be tight though. jobless claims for the week ending december 17th came in at 216,000. thats an increase of about 2,000 less than analysts had predicted. continuing claims drop by 6,000. a peak of more than 800,000. the winter storm impacting more than 170 million american...

Now 3.2% from july to september above the 2.9 estimate that was put forward a month ago as well so clearly the image here is that things are looking better than expected but the fight against inflation may still need to continue. >> okay, and we dont have much time but want to ask about sam bankman-fried, the disgraced founder of crypto exchange ftx. hes been released on a $250 million bond after appearing in a u.s. court yesterday. tell us more about what can we expect from this case? >> yeah, ...

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