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WASHINGTON (AP) — America’s consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy’s resilience in the face of higher prices and multiple interest rate hikes by the Federal Reserve. The government said Wednesday that retail […]

Among the nearly two million stimulus check payments sent out in the latest batch there were almost 700,000 “plus-up” payments.

With Americans paying more at the pump, Democrats and Republicans can’t agree on the root of the problem and therefore aren’t on the same page about solutions.

Americans refused, paid back or failed to cash 1,315,717 checks of the first-round $1,200 stimulus checks issued under President Trump’s administration at the beginning of the COVID-19 pandemic, according to Internal Revenue Service records.

Some people are being instructed to return their $1,400 stimulus checks while others have their own reasons to do so.

WASHINGTON (AP) — U.S. producer prices surged 10.8% in May from a year earlier, underscoring the ongoing threat to the economy from inflation that shows no sign of slowing. Tuesday’s report from the Labor Department showed that the producer price index — which measures inflation before it reaches consumers — rose at slightly slower pace […]

ENOCH, Utah (AP) — City leaders in a small Utah town choked up this week as they expressed shock after a murder-suicide carried out by a fellow church member left eight people dead in their close-knit community, including five children who were classmates with their kids. Though shocking, family mass killings are an all-too-common tragedy […]

“One year of stimulus checks lifted Americans out of poverty during the pandemic,” the group said in a tweet Thursday. “As it turns out, direct cash payments do indeed work.”

While many Americans are hoping for a fourth stimulus check, some lawmakers are already talking about a fifth.

With some politicians and nonprofits already pushing for a possible fourth stimulus check, a records request by the Boston Herald found that 1.24 million economic impact payments still haven’t been spent from the first round of aid.

The U.S. is already facing record-setting inflation – will student loan forgiveness make it worse?