Inflation Remains Low, Says the Government

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in June on a seasonally adjusted basis, the U.S. Bureau of Labor Statistics reports.

Over the last 12 months, the all items index rose 1.6 percent.

The energy index declined again in June, falling 1.6…

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The Pessimism of Generation X

America had high hopes for Generation X. After all, they got a much cooler name than the precious “Baby Boomer” or the marketing-speak “Millennial.” So why are the Xers so pessimistic?

According to a new survey from FICO, only 32 percent of Gen X say they are confident they…

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Wage Gains Continue to Lag

Job gains have been strong this year, but wages continue to grow at a painfully slow rate.

Real average hourly earnings for all employees increased 0.2 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reports.

This result stems from a 0.2-percent…

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The U.S. Housing Market Benefits from Job Gains, Household Growth, Report Finds

Insurance company Nationwide reports that its latest forward-looking barometer of the U.S. housing market health continues its positive outlook despite unsustainably strong house price gains weighing on affordability.

The primary reason: housing demand. Household formation growth picked up sharply over the last quarter to move above the long…

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Are We Middle Class, Or Just Faking It?

Seven in 10 (70%) American adults aged 18+ consider themselves part of the middle class, according to new findings from insurance company Northwestern Mutual’s 2017 Planning & Progress Study.

This compares interestingly to analysis of government data by the Pew Research Center showing that the number of middle-income…

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