"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 …

The Social Security Administration (SSA) has announced a 3.6% cost-of-living adjustment (COLA) for 2027. The increase will provide millions of Americans with higher monthly benefits starting in January. The adjustment, …

The US economy grew at a stronger pace than expected in the second quarter, with gross domestic product increasing at a 2.2% annualized rate. The latest reading was well above …

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 …

The yield on the 10-year U.S. Treasury surged to its highest level in more than 19 years Wednesday. Strong economic data increased expectations that the Federal Reserve could raise interest …

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. …

President Donald Trump has announced an unprecedented economic campaign against Iran, calling it an “ECONOMIC D-DAY.” Treasury Secretary Scott Bessent said the United States will follow the move with what …

Millions of older Americans are struggling to afford groceries as food prices continue to rise faster than many fixed incomes, according to a report by Iowa Public Radio and Harvest …

The number of Americans applying for unemployment benefits fell to a 10-week low. Initial jobless claims dropped by 8,000 to 208,000 in the week ending July 11, the Labor Department …

The Federal Reserve left interest rates unchanged on June 17 in Kevin Warsh’s first meeting as chairman. The central bank also signaled a tougher stance on inflation and removed forward …