Personal incomes rose in January

Published: Feb. 29, 2024, 11:49 p.m.

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January’s personal consumption expenditures report showed that prices were up 2.4% from the same time last year, suggesting that\\xa0 inflation remains in a cooling trend. The report also found that incomes jumped 1% last month \\u2014 the biggest monthly gain in three years. Plus, why some customers with high-yield savings accounts aren\\u2019t getting promised rates, what Chinese electric vehicle tech could mean for national security and how Florida farmworkers are enforcing heat protection standards.

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