Economy
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Annual inflation rate reaches 2.6% in October, up 0.2% from previous month, feds
The increase was in line with Wall Street expectations
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Small businesses continue to struggle with labor
Quality of employees those small businesses do find is also a significant issue, according to the recently released Jobs Report from the National Federation of Small Business.
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U.S. borrowed $255 billion in first month of fiscal year 2025: CBO
"There’s a fiscal storm on the horizon," says Maya MacGuineas, president of the Committee for a Responsible Federal Budget.
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US revises jobs report, says created 818K fewer jobs than estimated from spring 2023 to spring 2024
The announcement of a 'cool off' came less than a day before Harris will accept the nomination and amid criticism of the Biden-Harris admin's economic record
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Hopes of interest rates cuts creates gold rush, driving up prices of precious metal, analysts say
The record-high spot prices for gold mean that a standard gold bar, which weighs 27.34 pounds, is now worth more than $1 million.
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Fed Chair Powell's Wyoming speech Friday expected to offer clues about potential interest rate cuts
The Fed has set a target inflation rate of 2% at the point in which it would consider rate cuts to begin. This month, it dropped to 2.9% for the first time since 2021.
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With prices at top of Americans' minds, Trump and Harris vie for the initiative on the economy
Both candidates largely addressed the same issues, namely the costs of daily commodities, housing, and health care.
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'Make America affordable again': Trump vows economic recovery in key policy speech
"Does anyone here feel richer under Kamala Harris and Crooked Joe than you were during the Trump administration is anything less expensive under Kamala Harris and Crooked Joe?" he asked.
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Trump to talk about economy in Asheville, North Carolina
Trump will focus on the increased cost of living under the Biden/Harris administration.
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Almost 44% of Americans say they don't make enough to cover daily expenses: Survey
"The job market is terrible," one individual said according to the Freedom Economy Index survey. "I know of people facing foreclosure because they can't find work, and over a year ago, they were making six figures."
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Chevron the latest in California’s years-long business exodus as companies flee the state
According to a 2022 analysis by the Hoover Institution, 352 California-based companies moved their headquarters out of the state since 2018.