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The Federal Reserve Board on Tuesday issued its Economic Well-Being of U.S. Households in 2023 report, which examines the financial circumstances of U.S. adults and their families. Overall, the report shows that financial well-being was nearly unchanged from 2022 as higher prices remained a challenge for most households and workers continued to benefit from ...
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Oil edged lower on Tuesday in a rangebound market as attention turns toward the upcoming OPEC+ meeting that will set the group’s supply policy. Brent futures traded around US$83 a barrel, while West Texas Intermediate was a little under $80. Futures have been in a narrow range, with implied volatility near lows last seen in 2019 according to one measure, ...