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However, if spending starts to slow a lot more, that could negatively impact the economy, he said. The ugly The biggest flashing red light in the economy right now is the level of debt people are ...
The pandemic complicated food insecurity among children, older adults, and undocumented immigrants. Feeding America stated that the estimated number of food-insecure kids could jump from 11 million to an estimated 18 million. Additionally, many children in the U.S. rely on free meals for sustenance.
Americans’ attitudes toward the economy improved this month for the first time since January, thanks to better perceptions of the job market.
The Beige Book, more formally called the Summary of Commentary on Current Economic Conditions, is a report published by the United States Federal Reserve Board eight times a year. [1] The report is published in advance of meetings of the Federal Open Market Committee . [ 2 ]
The economic impact on the video game sector is not expected to be as large as in film or other entertainment sectors as much of the work in video game production can be decentralised and performed remotely, and products distributed digitally to consumers regardless of various national and regional lockdowns on businesses and services. [155]
“The good news is that shelter costs slowed down to 0.2%, month-on-month, and 4.9%, year-over-year. However, it also showed that there are still plenty of upside risks for inflation going ...
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CBS News' chief political analyst John Dickerson helps us add it all up with the help of two experts: Lloyd Blankfein of Goldman Sachs, with the overview; and Michelle Singletary, a personal ...