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  • House GOP debt ceiling plan would cap future government spending
    Finance News

    House GOP debt ceiling plan would cap future government spending

    April 23, 2023 /

    Speaker Kevin McCarthy (R-CA) on Wednesday unveiled his party’s extremely-predicted financial debt ceiling proposal, indicating he’s prepared to raise the restrict by $1.5 trillion or right up until March 31, 2024 — whichever comes very first — but only if Democrats agree to a host of other actions. “I urge all my colleagues on both equally sides of the aisle to aid this strategy to get our nation back on monitor,” McCarthy said on the flooring of the U.S. Household immediately after months of ready to introduce a plan, saying those measures will save taxpayers $4.5 trillion above the following ten years. But a lot of of the key GOP…

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    Francis McGee Comments Off on House GOP debt ceiling plan would cap future government spending

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    Stocks close little changed after strong jobs report

    Stocks close little changed after strong jobs report

    December 3, 2022
    Stocks fall after retail data, PPI, Fedspeak

    Stocks fall after retail data, PPI, Fedspeak

    January 19, 2023
    Stock futures rise ahead of more earnings, data

    Stock futures rise ahead of more earnings, data

    January 27, 2023
  • US Travel Spending of $1.2 Trillion on Par With Pre-Pandemic Levels
    Travel News

    US Travel Spending of $1.2 Trillion on Par With Pre-Pandemic Levels

    April 20, 2023 /

    by Mia Taylor on April 19, 2023 Last up-to-date: 3:30 PM ET, Wed April 19, 2023 Statue of Liberty in New York Metropolis (Picture Credit rating: iStock Getty Photos Plus /Tzido) New figures launched by the U.S. Travel Affiliation demonstrate that direct expending on vacation in the United States attained $1.2 trillion in 2022. That figure, which is on par with pre-pandemic stages, generated an economic footprint of $2.6 trillion. “Travel rebounded strongly in 2022 thanks to strong desire for domestic leisure travel,” U.S. Vacation Association President and CEO Geoff Freeman mentioned in a statement. “Now we should emphasis on absolutely restoring the global and business enterprise travel segments to…

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    Francis McGee Comments Off on US Travel Spending of $1.2 Trillion on Par With Pre-Pandemic Levels

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    TravelsHQ Announces Shawn Younai as “Travel Hacker of The Year”

    TravelsHQ Announces Shawn Younai as “Travel Hacker of The Year”

    February 21, 2023
    Alaska: Tech Co. Layoffs Hurting Corp. Travel Demand

    Alaska: Tech Co. Layoffs Hurting Corp. Travel Demand

    January 28, 2023
    San Diego Travel News: February 2023 | The Magazine

    San Diego Travel News: February 2023 | The Magazine

    February 2, 2023
  • US inflation and consumer spending cooled in December | Business and Economy News
    Economy News

    US inflation and consumer spending cooled in December | Business and Economy News

    January 29, 2023 /

    The Federal Reserve’s desired inflation gauge eased more in December, and customer expending fell – the most up-to-date proof that the Fed’s series of desire charge rises are slowing the economic system. Friday’s report from the US Section of Commerce confirmed that price ranges rose 5 p.c very last month from a year earlier, down from a 5.5 per cent calendar year-over-12 months improve in November. It was the third straight fall. Consumer shelling out fell .2 percent from November to December and was revised lessen to show a fall of .1 percent from Oct to November. Very last year’s holiday sales were being sluggish for lots of retailers, and…

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    Francis McGee Comments Off on US inflation and consumer spending cooled in December | Business and Economy News

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    The global economy’s slow-motion reset as cheap money era ends

    The global economy’s slow-motion reset as cheap money era ends

    April 23, 2023
    Fed Hikes Interest Rates Again, Projects Very Weak Growth for the Economy in 2023 | Economy

    Fed Hikes Interest Rates Again, Projects Very Weak Growth for the Economy in 2023 | Economy

    December 15, 2022
    Uncertainty Prevails for the Economy in 2023 | National News

    Uncertainty Prevails for the Economy in 2023 | National News

    January 4, 2023
  • US consumer spending, inflation cool in November | Business and Economy News
    Economy News

    US consumer spending, inflation cool in November | Business and Economy News

    December 24, 2022 /

    US customer paying out barely rose in November, while yearly inflation greater at its slowest pace in 13 months, but demand is most likely not cooling quickly enough to discourage the Federal Reserve from driving fascination prices to higher amounts future 12 months. Slowing financial action amid climbing borrowing expenses was also flagged by other info from the Office of Commerce on Friday demonstrating a modest achieve in orders for locally manufactured funds products last thirty day period. Shipments of these items, which are a proxy for enterprise expending on machines, fell. The US central financial institution is seeking to slow demand from customers for every little thing from housing…

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    Francis McGee Comments Off on US consumer spending, inflation cool in November | Business and Economy News

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    Global economy going into recession, 2023 growth to slow

    Global economy going into recession, 2023 growth to slow

    January 13, 2023
    Utahns feeling bleak about near-term economy, ongoing inflation

    Utahns feeling bleak about near-term economy, ongoing inflation

    February 26, 2023
    Buckle up, it could get bumpy: The space economy’s vaunted resilience will be tested in 2023

    Buckle up, it could get bumpy: The space economy’s vaunted resilience will be tested in 2023

    January 25, 2023

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