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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 corppersonal financepricesretirement planningpersonal budgetingcredit cardsu.s. economybusiness newspersonal savingwages and salariesunited statesjerome powellinflationpersonal loanspersonneleconomic eventsinvestment strategy

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


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