1+ week, 3+ hour ago   (338+ words) Wage growth for lower-income households may be turning a corner, according to Bank of America. Lower-income households saw 4.7% annual growth in wages last month, compared with 3.5% for higher-income households, based on the bank's consumer deposit account data. The gains come…...

2+ week, 6+ day ago   (24+ words) USA Today U.S. credit scores falling fastest since 2009 amid high living costs...

3+ week, 2+ day ago   (766+ words) A recent CBS News poll found that 75% of Democrats, 62% of independents and 54% of Republicans support price controls, or government-imposed limits on how much a particular good can cost. Price controls are an old, bad idea that resurfaces whenever inflation spikes…...

3+ week, 3+ day ago   (708+ words) The U.S. government's massive spending spree is going to make it even harder for Americans to keep pace with rising costs and reach the American dream, economists said. The U.S. gross federal debt surpassed $40 trillion for the first time in history, the…...

3+ week, 3+ day ago   (367+ words) Walmart became the latest retailer to say it will be using its tariff refunds to lower prices for its shoppers. In the retailer's earnings call Aug. 20, Chief Financial Officer John David Rainey said Walmart received $2.9 billion in tariff refunds, which…...

3+ week, 4+ day ago   (676+ words) WASHINGTON – Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Aug. 19, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net programs and interest payments far outstrip revenues held…...