Economy News Us Inflation Decelerating In Boost To Economy

US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?

Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ... Read More

Americans more worried about finding jobs as inflation persists under Trump

Nearly half of Americans lack confidence in finding a good job under Trump, a new AP–NORC poll shows. Inflation and rising costs for essentials are fueling widespread financial stress. Trump’s low ... Read More

Trump official says inflation is decelerating, and Fed should be able to cut rates further

As he reacted to today's CPI report, Kevin Hassett, a top economic adviser to President Donald Trump, said the administration's view is that inflation is decelerating. This deceleration will "take all ... Read More

It’s Trump’s Economy Now and Americans Don’t Seem to Love It

President Donald Trump has been back in office long enough for Americans to expect at least glimmers of the economic golden age he promised. Instead, warning signals are flashing.They’re now coming ... Read More

America’s inflation is back at 3%. That’s higher than normal but not out of control

The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the annual ... Read More

How the U.S. economy is defying gravity—and how insights into human behavior help us understand why

U.S. economists may be barely holding on by their fingernails over the current state of the American economy, but strangely, consumers don’t seem to care. Here’s why. Read More

US consumer sentiment held steady in October, but labor market worries persist

U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation persisted as the government shutdown began. The University of Michigan's preliminary ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More