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New data from the U.S. Bureau of Economic Analysis shows total corporate profits in the third quarter grew 3.3% to an annualized rate of $3.28 trillion. The all-time peak of $3.3 trillion was reached a year ago, Axios Markets co-author Matt Phillips writes. A GDP revision showed the economy grew at a 5.2% annual rate
Dying Broke, the investigative series, uses KFF polling, original analysis and interviews with experts and impacted individuals and their families to examine the challenges facing families and caregivers in navigating long-term care. The project found that nearly three million older Americans who need long-term help are not receiving it, in large part because of the
Axios Markets co-author Matt Philips writes the U.S. is pumping oil at a record rates. More than ever before. U.S. production hit 13.2 million barrels per day in the first week of November. It’s pushing the price of crude lower, even though America’s enemies, Russia and Saudi Arabia, cut their production to raise prices.
Oof — this Morning Joe supercut of Trump foreign policy comments from just the last few weeks pic.twitter.com/B6QrJJiRgw — Aaron Rupar (@atrupar) October 31, 2023