Economy
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Millions of Americans will get a pay raise New Year's Day, an increase in social security benefits
While nine million people will benefit from state-led wage increases, about three million could potentially get a boost in social security benefits.
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Gas prices at the pump expected to drop slightly in 2025, for third straight year
The price climbed to over $5 a gallon nationally in mid-2022, as the country emerged from the pandemic and struggled with high inflation.
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Credit card default rate in US reaches highest level in 14 years
The numbers are the highest in 14 years
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Poll finds that 60% of likely American voters don't think the U.S. needs more H-1B visa workers
Trump picked sides and went with the co-heads of DOGE, Musk and Ramaswamy, to argue that the U.S. needs to continue its policy of recruiting more people to come work in the U.S. via the H-1B visas.
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South, Midwest lead top 10 hot spots for 2025 housing market
Realtors association projects 4.5 million existing home sales and a median existing-home price of $410,700 in 2025.
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Big pricetag: Median U.S. home price expected to hit $410,700 in 2025
Realtors group forecasts mortgage rates will stabilize near 6% in 2025, which it expects to become the "new normal."
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National debt grew by $2.5 trillion in 2024; projected to rise more
Federal debt now exceeds 100% of the GDP.
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Majority of Americans still paying off credit card debt from last Christmas
Same study revealed “68% of Americans say Santa will be on a budget this year because of inflation.”
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Price of eggs hits record high, up 150% from year ago in Midwest, report
Egg prices in the Midwest are about $5.57 per dozen which is 150% up from a year ago.
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Another brick and mortar goes belly up under Biden: Big Lots
Other major companies have also filed for Chapter 11 bankruptcy this year, including 99 Cents Only stores, Sam Ash Music, and Rue 21. Red Lobster also filed for bankruptcy but was able to restructure in order to avoid a full closure.
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Bidenflation persists to end as prices jump again in November
The rate increased 0.3% from the previous month, the Bureau of Labor Statistics reported.
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Precious metal expert to start first-of-its-kind, gold-standard bank as way to prevent 'debanking'
Conservative filmmaker-podcaster-author Dinesh D’Souza told Just the News that JPMorgan Chase Bank debanked him two years ago.
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Trump's victory helps farmers feel better about economy, report says
Farmers’ sentiments about the industry are now at a level that has not been seen since May 2021.