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61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets - TL;DR CNBC

61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets

Publishing timestamp: 2023-08-31 08:30:01


Summary

Despite some easing in inflation and price increases, a significant number of Americans are still living paycheck to paycheck and feeling the impact of inflation and rising interest rates. Lower-income workers have been hit the hardest, and many Americans are stressed about their finances and lack emergency savings.


Sentiment: MIXED

Tickers: LC, 

Keywords: lendingclub corp,  personal finance,  prices,  retirement planning,  personal budgeting,  credit cards,  u.s. economy,  business news,  personal saving,  wages and salaries,  united states,  jerome powell,  inflation,  personal loans,  personnel,  economic events,  investment strategy, 

Source: https://www.cnbc.com/2023/08/31/living-paycheck-to-paycheck-inflation-is-still-squeezing-budgets.html


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