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Debt is hitting consumers as interest rates soar

Debt is hitting consumers as interest rates soar

Consumers are piling up credit card debt at a rate not seen in decades as inflation continues to dominate the US economy.In the most recent quarter, ending in September, overall consumer credit card balances increased 15%: the largest year-over-year increase the New York Federal Reserve has measured in more than 20 years. Taken together, the balances are close to $1 billionwithout adjusting for inflation, for the first time in history.And while analysts say many American consumers remain in good financial shape thanks mainly to low unemployment, the debt situation is turning dire.As the Federal Reserve has continued to raise interest…
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A California employee was shot and killed by a robbery suspect, police say.  The suspect will not be charged with murder.

A California employee was shot and killed by a robbery suspect, police say. The suspect will not be charged with murder.

A fatally armed robber shot a gas station attendant in Northern California but he will not be charged with murder, presumably because the attacker could claim self-defense, police said Wednesday.Ronald Jackson Jr., 20, was initially arrested on suspicion of armed robbery and murder in connection with the slaying of James Williams, 36, early Saturday morning at a Chevron in Antioch, police said.Jackson and another man, who was still being searched for Thursday, were fleeing the robbery when Williams gave chase and opened fire on the suspects, police said. Jackson was hit in the leg and returned fire, killing Williams, police…
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What is a whole grain?  Americans are eating more, but confused by food labels

What is a whole grain? Americans are eating more, but confused by food labels

It's not unusual to see packages of bread, crackers, cereal or pasta with a seal on the front, touting whole grain in large print. In reality, they may not contain much actual whole grain, a new study suggests. An analysis of two decades of data on the diets of Americans revealed that people are increasingly choosing whole grain foods, but still not getting enough of them in their daily diets, Tufts University researchers reported in a report. to study published Wednesday in The American Journal of Clinical Nutrition.At least half of the cereals consumed daily should be whole grains, according…
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Injured USMNT star Christian Pulisic vows to play in Netherlands match: ‘I’ll do everything in my power’

Injured USMNT star Christian Pulisic vows to play in Netherlands match: ‘I’ll do everything in my power’

Star US Men's National Team (USMNT) midfielder Christian Pulisic said he will try to be game-ready on Saturday when discussing his ongoing recovery from a pelvic injury.Pulisic officially remains day-to-day with a pelvic contusion, a US Soccer Federation spokesman confirmed. He suffered the injury when he scored the only goal against Iran in the Group B final.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXNEWS.COM Christian Pulisic of the United States is pictured during the World Cup Group B match against England at Al Bayt Stadium on November 25, 2022, in Al Khor, Qatar. (Ian MacNicol/Getty Images)The United States ultimately won,…
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