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Record spending on Black Friday and Cyber Monday was partly due to historic use of buy-now-pay-later options.
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Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt FortuneInterest Payments on the Debt Outpace Most Countries' GDPs EPIC for AmericaP.1- The Old Money System Just Hit Its Breaking Point - And a New One Is Rising. Binance
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Data from ADP, a payroll processor, is getting added attention because of delays in official statistics caused by the government shutdown.
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The federal government managed to escape with a $1.78 trillion shortfall, some $41 billion, or 2.2%, less than fiscal 2024.
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