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Friday, April 24, 2026

Relief Checks live updates: COLA 2023, mortgages, Social Security payments, housing market, disability... - AS USA

Headlines: Wednesday, 21 December 2022

- Bipartisan agreement on $1.7tr spending bill to avert government shutdown, needs to pass by Friday

-2023 funding proposal provides protections for student-loan borrowers

- Wells Fargo pays $3.7 billion for charging illegal fees and interest

- Date set for Supreme Court to hear two challenges to Biden student loan forgiveness plan

- Inflation increased 0.1 percent in November & 7.1 percent year-over-year boost in prices.

- Federal Reserve continues to push up rates as inflation begins to slow

- Workplace fatalities increased by almost nine percent from 2020 to 2021

- Thousands of workers will see a raise thanks to increases in the minimum wage that take effect in 2023

The United States experienced its highest level of unemployment since the Great Depression in April 2020 hitting 14.7 percent. The economic stimulus measures implemented by the government helped drive the fastest economic recovery in the nation’s history.

The US began 2022 with an unemployment rate of just 4 percent and it is currently hovering between 3.5 and 3.7 percent. However, next year it is expected that the unemployment rate will again increase as the Federal Reserve maintains its policies to tame inflation.

Come January, workers in two dozen states that get paid the minimum wage will see a raise. Three others and the District of Columbia will follow suit later in 2023.

Three states will raise their minimum wage to $15 or more joining California and the...



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