3 in 5 Americans are living paycheck to paycheck

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The US is now technically in a recession. For many economists, two consecutive quarters of economic contraction is sufficient to declare a recession – the US saw this when its economy shrank 0.9% between April and June, this came on the back of a 1.6% decline between January and March. This economic decline comes as inflation in the US skyrocketed to record highs. It reached 9.1% in June 2022…

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