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The Covid-19 pandemic brought about a significant change in the labor market dynamics of the United States. Remote work, which was once considered a temporary solution, has now become a permanent fixture, according to economists. Nick Bunker, the economic research director for North America at job site Indeed, describes the work-from-home revolution as one of
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As retirees, it is crucial to have a clear understanding of the various sources of income that may be available to you, including Social Security, pensions, retirement plans, and other financial resources. Managing these income streams effectively requires careful planning to ensure compliance with IRS regulations and avoid potential penalties. For the year 2024, retirees
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Philadelphia Federal Reserve President Patrick Harker has recently spoken out in favor of an interest rate cut in September, providing a strong endorsement for the move. His statement during the Fed’s annual retreat in Jackson Hole, Wyoming, indicated a high level of confidence in the necessity of monetary policy easing in the near future. This
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In July, closed sales of previously owned homes increased by 1.3% compared to June, reaching a seasonally adjusted, annualized rate of 3.95 million units. This marked the first increase in five months, although sales were still 2.5% lower than the same time the previous year. The Northeast region saw the largest gains in sales, while
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