"rising inflation"

In a revealing interview with CNN’s Erin Burnett, President Joe Biden asserted that the United States was grappling with a 9% inflation rate when he assumed office, a statement significantly …

U.S. consumer confidence rose slightly in April, even as Americans faced higher gasoline prices and rising inflation. The Conference Board said Tuesday that its Consumer Confidence Index increased to 92.8 …

The Federal Reserve announced Wednesday that it is keeping its benchmark interest rate unchanged, maintaining the federal funds rate at 4.25% to 4.5%.  This is the second straight meeting where …

Vice President Kamala Harris is facing backlash from Republican leaders and economists over her proposed plan to lower food prices, which they argue will lead to disastrous economic consequences. The …

In what has become an increasingly difficult economic climate under President Joe Biden’s administration, most Americans are opting out of summer vacations this year, primarily due to financial constraints. A …

The question of whether Americans were better off economically under President Donald Trump or President Joe Biden has become a central issue as the country approaches another election cycle. According …

The number of Americans filing new claims for unemployment benefits fell to 197,000 last week, according to Labor Department data released Thursday. The figure marked the fourth consecutive week that …

Sales of previously occupied homes fell to their lowest level in more than a year in August as rising mortgage rates and record prices for the month discouraged prospective buyers. …

New applications for unemployment benefits in the United States rose last week. However, they remained at levels that continue to signal a resilient labor market despite economic uncertainty linked to …

The U.S. economy added 115,000 jobs in April, beating expectations and showing continued strength in the labor market. The unemployment rate held steady at 4.3%, according to the Labor Department. …