President Trump declared inflation “defeated” during a speech at the Detroit Economic Club on Tuesday despite a report ...
Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...
WASHINGTON -- U.S. economic growth accelerated over three months ending in June, blowing past economist expectations and rebuking concern about a possible recession. The U.S. gross domestic product ...
Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ...
A growing share of lower-income Americans are struggling to get by financially as their wages fail to keep up with inflation, according to a recent analysis. Roughly 29% of lower-income households are ...
The Fed has been tasked with a dual mandate by Congress to achieve low inflation and high employment. Learn more about the ...
Economists anticipate ho-hum US economic growth for the remainder of the year and well into 2026, with steady, tariff-driven inflation buffeting consumers. Gross domestic product is now set to grow ...
The Federal Reserve held interest rates steady Wednesday while warning about slowing economic growth, despite ongoing pressure from President Donald Trump to lower rates. The Fed kept its short-term ...