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News
US Budget Deficit Nears $2 Trillion Amid Bond Market Jitters
19+ hour, 19+ min ago (463+ words) The U.S. budget deficit inched closer to $2 trillion after the first 11 months of fiscal year 2026, the Treasury Department reported on Sept. 11. August’s Monthly Treasury Statement showed the federal government logging a $167 billion shortfall, far below the consensus estimate of a $404 billion…...
2027 Social Security COLA Could Be Highest Since 2023
1+ day, 4+ hour ago (269+ words) If the adjustment is 3.5 percent, the average monthly Social Security payment would rise by $67.90, from $1,940.08 to $2,007.98, according to the league. A person receiving $2,000 per month would receive about $70 more. Gasoline helped drive the broader inflation rate higher in August. Gas…...
US Annual Inflation Rate Unchanged at 3.4 Percent in August
1+ day, 15+ hour ago (790+ words) Consumer inflation was stable in August despite the war in Iran upending global energy markets and reviving price pressures across the economy. August's annual inflation rate was unchanged at 3.4 percent, according to data from the Bureau of Labor Statistics—a…...
Economist Says US Is Seeing ‘A Very Good Run’ of Job Creation
3+ day, 8+ hour ago (113+ words) NTD News What would you like to watch today? Economist Says US Is Seeing ‘A Very Good Run’ of Job Creation NTD Live Coverage: 2026 Midterm Republican National Convention—Day 1 NTD Good Morning Full Broadcast (Sept. 9) NTD Evening News Full Broadcast…...
Breaking China’s Stranglehold on Rare Earths Will Take US 5-10 Years: Expert
6+ day, 7+ hour ago (112+ words) NTD News What would you like to watch today? Breaking China’s Stranglehold on Rare Earths Will Take US 5-10 Years: Expert NTD Evening News Full Broadcast (Sept. 6) NTD Evening News Full Broadcast (Sept. 5) NTD Evening News Full Broadcast (Sept. 4) NTD News…...
Higher-Than-Expected August Jobs Report Comes as Federal Government Jobs Down to 1960s Levels, Saving Money: Journalist
1+ week, 1+ day ago (199+ words) Dennis Kneale, journalist and author of the book "Ore-Goners," discussed with NTD's Steve Lance, the higher-than-expected job growth in August, more than 160,000, and the driver of the growth. What would you like to watch today? Higher-Than-Expected August Jobs Report Comes…...
US Diesel Prices Hit Record High as Global Supply Crunch Deepens
1+ week, 1+ day ago (605+ words) Average U.S. diesel prices jumped to a record high on Friday as a global supply crunch intensified amid renewed U.S.–Iran hostilities and Ukrainian attacks on Russian refineries. The national average price of diesel hit $5.85 a gallon on Sept. 4, according to the…...
30-Year Mortgage Rate Hits Highest Level in 13 Months
1+ week, 1+ day ago (538+ words) The average weekly rate of a 30-year fixed-rate mortgage rose in the most recent week to its highest level in more than a year. The rate was 6.71 percent for the week ending Sept. 2, according to Freddie Mac data. The last…...
US Economy Adds 162,000 New Jobs in August, Far Higher Than Market Expectations
1+ week, 1+ day ago (81+ words) The unemployment rate held steady for the second straight month at 4.1 percent. U.S. payrolls accelerated in August as the economy unexpectedly created 162,000 new jobs, according to the Bureau of Labor Statistics. This marks the best monthly employment gain since March. The…...
Unemployment Claims Tick up to 206,000 but Remain at Historically Low Levels
1+ week, 2+ day ago (304+ words) WASHINGTON—More Americans filed for unemployment benefits last week, but layoffs are still rare and jobless claims remain at historically low levels. The Labor Department reported Thursday filings for benefits ticked up to 206,000 last week from a revised 204,000 the week…...