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In this May 4, 2018 photo, technicians works on the wiring of a twin-engine Lakota helicopter, at the Airbus Helicopters, Inc., manufacturing facility in Columbus, Miss. U.S. factories cranked out more appliances, computers and aircraft last month, lifting manufacturing production for only the second time in five months. The Federal Reserve said Wednesday, May 16, that factory output rose 0.5 percent in April after a flat reading in March.
Business

Economy in recession range, with GDP contracting 0.9% in second quarter

Zach Halaschak -
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Discussions on the future of Social Security have occurred in Congress for years, and experts have warned that the program could be insolvent in 10 years if nothing is done.
Economy

Record inflation sends California minimum wage to $15.50 in 2023

Washington Examiner -
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This is Joe Biden’s recession — whether he’ll admit it or not
News

This is Joe Biden’s recession — whether he’ll admit it or not

Kaylee McGhee White -
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Sen. Joe Manchin
News

Manchin says Build Back Better is dead, announces deal on inflation

Kate Scanlon -
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Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022. The Fed's rate hiking cycle has begun to cause the country's economic situation to decline as fears of a recession percolate.

The US is not in recession, Fed Chairman Powell says

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell attends a news conference following an Open Market Committee meeting, at the Federal Reserve Board Building, Wednesday, June 15, 2022, in Washington.

Fed conducts massive rate hike in bid to rein in soaring inflation

Zach Halaschak -
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A McDonald's restaurant sign is shown in Pittsburgh on Saturday, April 23, 2022. McDonald's confirmed Wednesday, July 27, 2022 that the iconic burger was one among a number of items facing price increases across its U.K. restaurant network. (AP Photo/Gene J. Puskar)
News

McDonald’s raises price of cheeseburger in UK for first time in 14 years

Asher Notheis -
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$300 direct tax rebate payments to be sent to some Hawaii residents next month
Economy

$300 direct tax rebate payments to be sent to some Hawaii residents next month

Jack Birle -
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FILE - Consumers shop at a Walmart store in Vernon Hills, Ill., Sunday, May 23, 2021. U.S. consumer confidence fell in August to the lowest level since February amid rising concerns about the rapidly spreading delta variant of the coronavirus and worries about higher inflation. The Conference Board reported Tuesday, Aug. 31, 2021 that its consumer confidence index dropped to a reading of 113.8 in August, down from a revised 125.1 in July.
Economy

Consumer confidence falls for third straight month amid soaring inflation

Washington Examiner -
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U.S. Senator Elizabeth Warren (D-MA) speaks during a Senate Banking, Housing and Urban Affairs Committee hearing with U.S. Treasury Secretary Janet Yellen on “Financial Stability Oversight Council Annual Report to Congress,” on Capitol Hill in Washington, U.S., May 10, 2022.
Beltway Confidential

Elizabeth Warren beckons the Fed to punish the working class with more inflation

Tiana Lowe Doescher -
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