Page 67 - Mark Hamrick News Today

The Republican National Committee (RNC) has sharply criticized the Biden administration for American workers' falling real wages and the lackluster job creation numbers revealed in Friday's closely-watched non-farm payrolls report, which showed the slowest monthly job growth all year.

Monrovia – Liberian Female Journalist M. Dennise Nimpson has returned from the United States after the completion of nearly a month of media training offered by the Edward R. Morrow Program for Journalists with sponsorship from the US State Departmen

Experts are calling it “recession fatigue,” and it might be why nearly a third of Americans who say they’re not prepared for a recession (31%) aren’t taking any steps to get their finances ready for one, a Bankrate poll from August found. Even worse, that number jumps to 42% for the Americans who say they’re not at all prepared for a recession.

And Maggie Haberman dishes on her new book.

As US heads into midterm elections, central bank chair says defeating inflation will require higher borrowing costs, slower growth 

As the United States heads into November's midterm elections, the Federal Reserve on Wednesday announced another sharp increase in interest rates as it continues its struggle against stubbornly high inflation. The increase of three-quarters of a percentage point raised the benchmark federal funds rate target to between 3% and 3.25%, the highest it has been…

Money doesn't grow on trees but experts say high interest rates will help grow your savings account. More on which ones will work with your budget and needs.

The Fed has indicated another major increase in interest rates is coming as it tries to keep inflation in check.  

The latest inflation report from the Bureau of Labor Statistics shows that food prices once again rose by 11.4 percent year-over-year, and food inflation is now at its highest point since 1979. [...]

Inflation continues to pinch Americans' wallets and pose a political dilemma for President Joe Biden, with consumers feeling the pain especially acutely in the cost of food bought in supermarkets and grocery stores.