US economy slowed but still grew at 2.9% rate last quarter
The nation's gross domestic product decelerated last quarter from the 3.2% annual growth it posted from July through September.
LEARN MOREThe president's first major economic address this year comes as the White House and Congress remain at odds over increasing the debt ceiling.
Current data suggests that young adults need a few years after turning 18 before becoming fully financially independent.
With average weekly earnings up 3.7%, rising incomes are helping Americans keep up with rising costs.
Hours before President Biden's State of the Union address, the banking industry sued the government over a proposed late fee cap of $8.
Lawmakers have agreed on the key components of the bill, but the language will still need to be prepared ahead of a Friday funding deadline.
This settles appeals both sides were pursuing after a federal jury awarded the former employee nearly $3.2 million last April.
The CDC says declining vaccination coverage nationally and abroad can be traced to the COVID-19 pandemic, and may contribute to increased outbreaks.