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Alex Tanzi

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THE IHS Markit manufacturing Purchasing Managers’ Index slipped to 50.1 from 50.5, according to a preliminary report Friday. / BLOOMBERG FILE PHOTO/ MATTHEW BUSCH

U.S. factory index falls to fresh nine-year low

WASHINGTON – A gauge of United States factories fell in June to the lowest since late 2009 and hovered just above the threshold between...
NEARLY 40% of Americans lack confidence they will ever save enough money to retire, according to a new survey by LendEDU. / BLOOMBERG NEWS FILE PHOTO/ MICHELE LIMINA

Retirement? Four in 10 Americans don’t see it ever happening

NEW YORK – Almost 40% of Americans lack confidence they will ever save enough money to retire. That number climbs even higher among older...
TOTAL U.S. CREDIT rose $17 billion from the prior month. / BLOOMBERG FILE PHOTO/DAVID PAUL MORRIS

U.S. consumer debt rose in Jan. on credit-card borrowing

NEW YORK - United States consumer debt picked up in January as Americans tapped credit cards after the holidays, suggesting support for spending at...
UNITED STATES credit card debt hit a record $870 billion at the end of 2018. / BLOOMBERG NEWS FILE PHOTO

U.S. credit card debt closed 2018 at a record $870B

NEW YORK -United States credit card debt hit $870 billion - the largest amount ever - as of December 2018, according to the data...
ONE IN FIVE millennials say that student loan debt is holding them back from homeownership, according to a new survey. / BLOOMBERG NEWS FILE PHOTO/SCOTT MCINTYRE

Student loans prevent nearly 20% of millennials from home buying

NEW YORK - About one in five millennials say that student loan debt is holding them back from homeownership, according to a survey commissioned...
ECONOMISTS SURVEYED by the National Association for Business Economics largely expected tariffs to have an impact on inflation. More than three-quarters of business economists in the survey expect the United States to enter a recession by the end of 2021./ BLOOMBERG NEWS

Most economists see U.S. recession by 2021, NABE survey shows

NEW YORK - More than three-quarters of business economists expect the United States to enter a recession by the end of 2021, though a...
NEW ENGLAND WAGE growth is outpacing Mid-Atlantic wage growth recently. / BLOOMBERG NEWS

U.S. Northeast wages diverge between New England v. Mid Atlantic

NEW YORK - The Yankees and the Red Sox aren’t the only Northeast-vs-Middle Atlantic duels going on.The two regions are increasingly taking divergent wage...
UNITED STATES student loan debt outstanding reached a record $1.465 trillion in November. Bloomberg News data analysis found that loans disbursed in 2012 have defaulted at a faster rate than any other loan cohort since the financial crisis. / BLOOMBERG NEWS

U.S. student loan debt sets record, doubling since recession

NEW YORK - United States student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a...
U.S. DEBT was a record $21.9 trillion to start the week. / BLOOMBERG NEWS

Federal debt is surging at fastest pace since 2012

NEW YORK - United States government debt is on track this year to rise at the fastest pace since 2012, as a stronger economy fails...
ACCORDING TO a new survey, less than half of U.S. manufacturers expect that tariffs will lead to higher domestic prices in the U.S. through 2020. Most respondents also did not anticipate moving factories back to the U.S. due to tariffs. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Less than half of U.S. factories expect tariff price impact

NEW YORK - Less than half of United States manufacturers think that President Donald Trump’s tariff and trade war will lead to higher domestic...
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