Disappointing holiday season: December retail sales were flat, falling well short of estimate
Consumer activity slowed sharply for the December holiday shopping season.
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New York Fed: US Household Credit Troubles Worsen
Overall credit troubles in the U.S. increased modestly during the fourth quarter as some parts of the mortgage market saw accelerated fraying, amid ongoing difficulties for student loan borrowers, the New York Federal Reserve said in a report released Tuesday.
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Retail Sales Close Out Year on Lackluster Tone in Dec.
Shoppers pulled back the pace of their spending in December from November, closing out the holiday shopping season and the year on a lackluster tone.
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Disappointing holiday season: December retail sales were flat, missing expectations
The Trump economy is delivering growth and investment in artificial intelligence, rising real wages and booming stock prices and retirement account balances - yet many voters are unhappy.
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Social Security's Woes Mandate Bipartisan, Long‑Term Fix
Borrowing to sustain a program historically funded by workers risks undermining the pay‑as‑you‑go principle upon which the program was founded. It adds to the national debt, shifting the burden to future generations. Social Security is too important to leave to chance.
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