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Senate Votes to Scrap SEC Crypto Policy, Biden Vows to Veto Joint Resolution
Eleven Senate Democrats joined Republicans to cancel SEC guidance on cryptocurrency.
As Markets Hit All-Time Highs, Biden Touts ‘Confidence’ in US Economy
President Joe Biden champions stock market’s all-time highs.
US Credit Card Debts Rise, More Americans Become Delinquent: NY Fed
The share of maxed-out credit card users is rising along with debt default rates.
US Household Debt Soars to $17.7 Trillion in 1st Quarter: New York Fed Data
Household debt is ballooning and consumers are having difficulty keeping up.
Red Lobster Auctioning Off ‘Entire Contents’ of Over 50 Closed Restaurants
The listing by TAGeX Brands includes locations in Alabama, California, Colorado, Florida, Georgia, Idaho, Illinois, Indiana,Texas, and others.
Producer Prices Rise Hotter Than Expected as Inflation Pressures Persist
The producer price index (PPI) has surged 25 percent cumulatively since January 2021.
Budget 2024: Billions Poured into Making Australia a ‘Renewable Energy Superpower’
A range of green energy initiatives will be funded followed the release of the official budget by Australian Treasurer Jim Chalmers.
Biden Sharply Raises Tariffs on Chinese EVs, Steel, Solar Cells
The quadrupled tariff aims to keep the excessive cheap Chinese EVs at bay and protect the U.S. auto industry.
Consumers Fight Persistent Inflation by Trading Down to Cheaper Products
Corporate America warns ’the consumer is under pressure.’
