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Today is hand-holding day, but you don’t need us to hold your hand as you scroll through the list of Tuesday’s top financial stories. you have this
The big advantage: the fiscal reform of the Inflation Reduction Act
To help pay for the new provisions of the Inflation Reduction Act, the US government will institute new tax structures. The changes will only apply to individuals and corporations making more than $400,000 a year and will not affect lower- and middle-class workers or small businesses.
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The economy: Food prices fell in July
If you’ve noticed food prices dropping at the grocery store, you’re not imagining things. According to the Food and Agriculture Organization of the United Nations, there was a drop in the costs of high-demand foods in July compared to the previous month.
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This is interesting: The Inflation Reduction Act seeks to improve prescription drug prices
Millions of Americans could benefit from reduced health insurance rates and prescription drug costs as part of the Inflation Reduction Act.
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Bonus: 9 ways to save on major appliance purchases and repairs
We talked to experts and homeowners to find creative ways to save money when an appliance breaks.
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