Bessent says U.S. budget deficit may have peaked under Trump
Treasury Secretary Scott Bessent sees a strong chance the deficit has peaked, though recent figures show a large July gap and risi...
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Section
Economy
Trump presses Fed for lower rates as July minutes flag inflation concern
Trump urged the Fed to cut rates and criticized board members, while July meeting minutes showed many officials wanted more inflat...
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U.K. growth faces Iran war risk despite leading G7 performance
Britain’s economy expanded strongly in the first half, but higher gas prices and Hormuz disruption could sharply weaken growth.
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A backdoor Roth IRA moves after-tax IRA money into a Roth
The backdoor Roth IRA strategy can bypass direct Roth income limits, but existing IRA balances can create a tax bill.
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July jobs report 2026: payroll loss masks a weaker recent trend
U.S. payrolls fell by 23,000 in July as earlier gains were revised lower, while falling participation complicated the 4.1% jobless...
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July jobs report 2026: What economists expect Friday
The July jobs report arrives Friday at 8:30 a.m. ET, with economists expecting modest hiring and a steady unemployment rate.
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Europe drought on Rhine and Danube disrupts power and freight
Controlled Danube blasts in Romania and record-low Rhine levels show how drought can raise power and transport risks.
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Relief Guardian announces five-platform social-media expansion
Relief Guardian says it will use five social platforms to share debt-relief comparisons and education, though the announcement giv...
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A 401(k) match adds employer money to your retirement account
A 401(k) match is employer money tied to your payroll contribution. The formula, cap, timing and vesting rules decide what you rec...
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Compound interest grows as interest earns interest
Compound interest adds returns to your balance, then calculates future returns on that larger amount, making time the key variable...
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China PMI July 2026 falls into contraction as export rush fades
China’s official factory PMI dropped to 49.2 in July, raising pressure on Beijing as exports and retail activity show strain.
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Fed rate hike September bets rise after divided hold
The Fed kept rates unchanged, but three dissents and inflation worries pushed traders to price in a possible September hike.
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