Deposit inflows may sound good, but in fact they are likely to be accompanied by a punishing appreciation of the currency, ...
Fed officials should be able to focus on the wavering labor market and cut interest rates by another quarter percentage point ...
If you're retiring in 2026, you may be making plans to claim Social Security right away. But unless you'll be 70, it could ...
Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a major factor in their choice for president — ...
Karabell is an author, investor, and commentator. His latest book is Inside Money: Brown Brothers Harriman and the American Way of Power. As the year wraps up, several things are clear in an otherwise ...
Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ...
Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"
For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the cost of running a household is only getting more expensive, from buying groceries to ...
Voter dissatisfaction with the economy, particularly the high cost of living after post-COVID inflation, helped bring Donald Trump back to the White House. Inflation peaked at 9.1 percent in June 2022 ...
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 ...
Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are not really the same. The effect of tariffs is to push prices up, but not to ...
On Tuesday night, President Biden used his State of the Union address, in Congress, to touch on a range of pressing issues, including infrastructure, insulin prices, Roe v. Wade, Chinese surveillance, ...
Over the past 10 years, inflation has averaged 1.88%. 2022 showed an annual inflation rate of 8%. The U.S. experienced deflation in the 1930s and high rates of inflation in the 1970s and early 1980s.
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