"For investors, it is starting to look similar to 2022—too high inflation, rising interest rates, and falling stock prices." ...

The stock market dropped nearly 1,200 points Wednesday as investors digested Fed Chair Jerome Powell’s halting explanation of ...

After days of threats and demands, Donald Trump had little to show for it once lawmakers passed a budget deal.

The deal funds the government at current levels through March 14 and provides $100 billion in disaster aid and $10 billion in ...

President Joe Biden has signed a bill into law that averts a government shutdown. His action Saturday brings a final close to ...

Eric Trump praised his father's commitment to protecting U.S. interests through tariffs and strong foreign policy. He ...

The Federal Reserve is starting to contend with how President-elect Donald Trump and his ambitious policies could influence inflation in 2025.

Under Trump’s first term, inflation averaged 1.9% a year. Under the Biden/Harris administration, it has been a different tale ...

Donald Trump seemed poised to inherit a relatively strong economy when he begins a second term in the White House in January.

“We have in recent months seen some inflation,” Treasury Secretary Janet L. Yellen said in June 2021, adding that the United ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.