Economy News Consumers Maintain Optimism About Economy Even As Inflation Proves Stickier Than Expected

Consumer Price Index shows slightly cooler-than-expected inflation in September

The Consumer Price Index rose 0.3% M/M in September, just under the 0.4% consensus and a tad cooler than the 0.4% increase in August, according to data released by the Bureau of Labor Statistics on ... Read More

This Is How Our Economy Comes Crashing Down

But a closer inspection shows that an increasing number of structural supports — across businesses, labor markets, consumers and stocks — are looking wobbly. A Jenga-like collapse, meaning an ... Read More

Inflation Edges Up, but Less Than Expected, to 3% Rate

Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate cuts heading into their remaining meetings ... 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

Consumers Expect Inflation To Get Worse, Even As Fed Cuts Rates

Consumers expect inflation to get worse, according to surveys, but many economists and Fed officials are optimistic that it will ease. A relatively tame inflation report in September gave ammunition ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More