US Consumer Inflation Hits its Lowest Annual Rate Since 2021
By VOA News U.S. consumer inflation moderated slightly in July, according to government data released Wednesday. The Consumer Price Index increased by 2.9% over the past year, the smallest rise since March 2021. This is a positive sign for the Federal Reserve, which is considering lowering interest rates. The monthly CPI went up by 0.2% […]
Biden Tells Grocery Stores to Cut Prices as US Economy Bounces Back
GDP Beats predictions, rises by 3.3% in 2023 Economic Year The US economy seems to have experienced a resurgence, according to data from the Commerce Department’s Bureau of Economic Analysis. The economy beat predictions by growing 3.3% in the final quarter of 2023. People spending more and strong job creation fueled this positive performance. Over […]
Why this Decade Might Be the Worst to Buy a Car
We are in a time when owning a car is more expensive than a luxury. Besides the looks of admiration and awe from having an exotic car, owning one has little to be gained. Cars, in their different brands and sizes, turn out to be liabilities rather than assets, and in the long run, car […]