Economy News Economy Struggling With High Interest Rates And Stubborn Inflation
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Here’s what the latest inflation and spending data reveals about the US economy
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More
Wait, I thought the economy was terrible. What happened?
“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More
Headline Rate Of Inflation Falls To 3.6% But Food Prices Shoot Higher
First Decrease Since March Stirs Hopes Of Lower Mortgage Rates By Christmas Data out today shows that the main rate of inflation edged ... Read More
The shutdown is complicating the Fed’s ability to help the economy
The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ... Read More
Shutdown leaves a mark on an already-struggling economy, from lost paychecks to canceled flights
WASHINGTON (AP) — The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. Trump pledge to ‘immediately’ ... Read More
Trump tells Americans the economy is better than ever at McDonald’s summit: ‘This is also the golden age’
The president said he wanted the term “affordability” to belong to Republicans, not Democrats amid growing economic anxiety. Read More
Are car loan delinquencies a sign of a struggling economy?
Car loan delinquencies are now at their highest level since 2009 and some economists are sounding alarm bells for what it means for the economy. Delinquencies, defined as 60 days or more past due, are ... Read More
Shutdown leaves mark on already-struggling economy
WASHINGTON (AP) — The longest federal government shutdown in U.S. history appears to be nearing an end, but not without leaving a mark on an already-struggling economy. About 1.25 million federal ... Read More
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