This time last year, America was focused on the upcoming presidential election. Despite a major hiccup during the summer, in which President Joe Biden bowed out after weeks of fevered speculation ...
The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ...
Peter Schiff and Donald Trump represent opposing views on inflation, one grounded in official data, the other in consumer reality and policy criticism. Despite improvements in headline inflation, ...
The Yiddish phrase “farshlepteh krenk”, untranslatable into English, describes an illness that just won’t go away. That is how some countries’ experience of inflation has felt. The rate of price rises ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in September, ahead of the central bank's policy meeting next week. The Commerce Department on Friday ...
The Labor Department will release its latest monthly inflation report on Tuesday at a critical time for the economy, as the Federal Reserve will take stock of the impact of tariffs on consumer prices ...
Tariffs may shape inflation far differently than standard economic models predict, according to a new working paper from two San Francisco Fed researchers. Their findings suggest the impact of trade ...
Japanese Prime Minister Sanae Takaichi has ordered a fresh package of economic measures aimed at easing the burden of inflation on households and companies. Takaichi, who became Japan’s first female ...
And with those two false claims, Trump is repeating a political mistake that haunted his predecessor, former President Joe Biden, and contributed to the Democrats losing the White House: Trump appears ...