Page 16 - Adison Hoff News Today

US gross domestic product rose at an annualized rate of 2.6% in the third quarter of 2022, beating the 2.4% growth estimate.

That's an increase of a full 8-hour work day compared to the same time two years ago, according to data from Zillow.

Retailers usually hire thousands of people to help out during the holidays, but this year, inflation and recession fears strike again.

$5 trillion in stimulus and record-low rates fueled a huge recovery. Now the the comedown is going to hurt.

The metro areas of Phoenix, Atlanta, and Miami are seeing the highest year-over-year price increases among 23 big cities in the US.

"I had a really good career and I figured I'm still useful and things are not getting any cheaper," Stephen White, a substitute teacher, told Insider.

The Great Resignation was fun while it lasted. "Suddenly it's not that much of a game anymore," one economist said.

The Consumer Price Index gained 8.2% in the year through September, while prices other than food and energy rose at their highest rate since 1982.

There might be billions of dollars of untaxed wealth in your state — and it's one reason why sales taxes are so high.

Food and gas prices aren't surging at the rate seen earlier this year. Rent and mortgage payments have taken the lead as inflation's biggest driver.