Page 23 - Adison Hoff News Today

Some Americans are tightening budgets and taking on more debt — meanwhile demand for first-class flights are up. It's a tale of two economies.

Job creation unexpectedly surged last month as interest rates climbed higher and falling gas prices offered some hope for cooler inflation.

One economist said "wage growth is still very hot," as average hourly earnings rose 15 cents in July according to Bureau of Labor Statistics data.

The typical Nebraska substitute teacher earns $45,980, 53% higher than the national median pay for that job.

White Americans put more of their wealth in the stock market. It's appreciated five times more than real estate, where Black Americans tend to invest.

Stimulus and saving during lockdowns created a buffer against inflation, but that protection "is not necessarily going to be there forever," UBS said.

It's been so long since Congress last raised the federal minimum wage that it's ready for its bar mitzvah. Its value has fallen 40% since the 1960s.

Flights, hotels, and car rental costs all fell through June, offering travelers the first sign of relief after months of huge price hikes.

Job regret may be one reason the Great Resignation still rages. Some people aren't happy with the switch and are looking for something even better.

Millions of workers gained a bit more power during the Great Resignation, but our economy isn't set up to let them keep it.