PCE report shows U.S. inflation remained mostly level in July, though some prices edged up

[ad_1] Inflation still outpacing wages, study finds Americans’ paychecks still not keeping up with inflation, study finds 03:52 The Personal Consumption Expenditures index, a key inflation gauge used by the Federal Reserve to make interest-rate decisions, held steady in July according to new data from the Department of Commerce. Prices across the U.S. rose at…

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Health centers face risks as government funding lapses

[ad_1] About 1,500 federally funded health centers that serve millions of low-income people face significant financial challenges, their leaders say, as the government shutdown compounds other cuts to their revenue. Some of these community health centers may have to cut medical and administrative staff or reduce services. Some could eventually close. The result, their advocates…

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What are the monthly payments on a $750,000 mortgage after the October Fed rate cut?

[ad_1] The mortgage rate you secure can either stretch your budget uncomfortably or offer breathing room to enjoy homeownership. Dragon Claws/Getty Images The Federal Reserve’s consecutive rate cuts in September and October have brought welcome relief to the mortgage market. While the Fed’s rate shifts don’t directly drive mortgage rates, they still tend to have…

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