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PCE Exceeds Expectations As Pesky Inflation Persists

Price pressures remained elevated in March, fresh data from the Commerce Department showed Friday, as the personal consumption expenditures (PCE) price index exceeded forecasts.

Commerce-department , Economy-markets , Economy-of-the-united-states , Inflation ,

Global debt hits record $313 trillion in face of central bank tightening

The world's debt problem got a lot worse in 2023, according to a new Institute of International Finance report, hitting a fresh record of $313 trillion.

Germany , Washington , United-states , World-bank , District-of-columbia , France , Ajay-banga , Institute-of-international , International-economist-kenneth-rogoff , World-economic-forum-in-davos , World-bank-group , Harvard-university

Interest on nation's debt set to exceed defense budget as House weighs spending $95B on foreign aid

Pressure is building on House Speaker Mike Johnson to hold a vote on the Senate-passed foreign aid bill that includes $61 billion for Ukraine.

Washington , United-states , Israel , White-house , District-of-columbia , Ukraine , Jasmine-crockett , Indo-pacific , Mike-mccaul , Karine-jean-pierre , Phillip-swagel , Vladimir-putin

Asheville City Council rescinds previously approved $1.2M for affordable housing project

Asheville City Council decided to rescind a previously approved loan allocation for a project that incorporated affordable housing units.

Asheville-city-council , Housing-trust-fund-balance , Pineview-condominiums-project , Housing-trust-fund , Arline-henry , Buncombe-county , North-carolina , United-states , Henry-way , Economy-of-the-united-states , Asheville

National debt continues upward climb as other issues take priority ahead of 2024 election

The U.S. national debt is expected to grow by an eye-opening $21 trillion over the next nine years, a new report says.

United-states , Americans , Jerome-powell , Joe-biden , Marc-goldwein , Donald-trump , Treasury-department , Security-trust-fund , Congressional-budget-office , Pew-research , Republicans-in-congress , National-desk

Fact Check Team: US debt projections, past presidents' impacts & trillion-dollar worries

The national debt is currently over $34 trillion and projections from the Congressional Budget Office it will increase 181% over the next thirty years.

Washington , United-states , Franklind-roosevelt , Jerome-powell , Barack-obama , Woodrow-wilson , Georgew-bush , Warreng-harding , Calvin-coolidge , Ronald-reagan , Federal-reserve , Congressional-budget-office

Fact Check Team: US debt projections, past presidents' impacts & trillion-dollar worries

The national debt is currently over $34 trillion and projections from the Congressional Budget Office it will increase 181% over the next thirty years.

Washington , United-states , Warreng-harding , Georgew-bush , Jerome-powell , Ronald-reagan , Calvin-coolidge , Franklind-roosevelt , Woodrow-wilson , Barack-obama , Congressional-budget-office , Federal-reserve

LEMME TELL YOU| Dating outside your type; Unhappy workers; Hawaii visitor fee

Why you may want to date someone who is not your type.Unhappy workers cost the U.S. economy$1.9 Trillion last year.Hawaii could impose visitors fee to combat cl

Hawaii , United-states , Environment , Labor , Geography-of-polynesia , Economy-of-the-united-states ,

Shoppers are driving the US economy

Consumer spending was in sync with stronger-than-expected GDP growth in 2023

United-states , American , Americans , Bureau-of-economy-analysis , Economy-analysis , Economy-of-the-united-states , Usiness , Inance , Ross-domestic-product , Acroeconomic-indicators , Conomic-growth

Out of control spending is not the only factor driving up national debt, budget hawks warn

For years, Republicans have argued the growing debt load is a result of profligate government spending, while Democrats pointed the blame at tax cuts.

United-states , Americans , Marc-goldwein , Federal-reserve , National-desk , Responsible-federal , Social-security , Business-finance , Maryland , Hunt-valley , Beijing-energy-international-holding-co- , Td