Trump will face at least three economic challenges during 2025: a possible resurgence of inflation, surprisingly high interest rates, and a gigantic national debt that’s finally starting to vex ...
A strong labor market isn’t enough to win elections. That reality could shape how the government responds to the next ...
Retail sales in the United States edged higher in December, signaling that consumers remain willing and able to spend despite ...
Overshadowing it all, at least for now, is his ejection from the 2024 campaign amid concerns of declining mental acuity — and then the election of Donald Trump, whom Biden had once defeated and dubbed ...
The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...
U.S. Inflation Rates Over Time and the Forecast for 2025 The latest Consumer Price Index, released by the U.S. Bureau of Labor Statistics in January 2024, showed an increase of 0.4% for December 2024 ...
In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...
Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s ...
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data ...
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...