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WASHINGTON, DC - JANUARY 26: A detail from a graph of projected unemployment numbers is included in the Conressional Budget Office's Budget and Economic Outlook for Fiscal Years 2011-2021 January 26, 2011 in Washington, DC. The outlook said that the tax cut deal reached between Congress and President Barack Obama will help increase the budget deficit to $1.48 trillion this year. (Photo by Chip Somodevilla/Getty Images)

February Jobs Report And Reaction to Biden’s Economic Claims in State of the Union

Strong Jobs Data Coincides with Mass Job Cuts. Today’s February jobs report showed that 275,000 jobs were added.

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WASHINGTON, DC - MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, 2022 in Washington, DC. The cost of gasoline continues to rise across the globe and in the United States due to the Russian invasion of Ukraine and continued inflation associated with the global pandemic. (Photo by Win McNamee/Getty Images)

Inflation Update: 3.1% Annually, Slight Rise Month-to-Month

New Annual Inflation Report out today reveals inflation rate at 3.1%, a decrease from last October’s 3.2%, but up by 0.1% on a month-to-month basis.

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Alicia Summers speaks with a financial expert about the debt ceiling debacle and other top economic stories

The debt ceiling debate has really come down to one thing, spending. House speaker McCarthy says they’re close but no deal yet.

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