Economy News Jobs, Inflation, Wages How The Economy Has Fared Under Trump And Biden

Americans grow anxious about jobs and inflation under Trump, new poll shows

Americans are growing increasingly concerned about their ability to find a good job under President Donald Trump, an Associated Press-NORC Center for Public Affairs Research poll finds, in what is a ... Read More

October monthly job cuts surged to a 22-year high

Nearly 1.1 million job cuts have been announced so far this year, the most since 2020, according to the research firm Challenger, Gray & Christmas. Read More

Trump faces backlash on economy as inflation rises

President Trump is facing growing pressure over his handling of the economy as inflation rises, the job market weakens and American exporters suffer backlash from his trade agenda. Federal data set to ... Read More

Government shutdown delays release of critically important inflation figures

Trump heads to Miami to speak about his economic agenda on the anniversary of his election win Trump tariffs face Supreme Court test in trillion-dollar test of executive power Government shutdown ... Read More

CPI report shows inflation continued to climb in September, although at a cooler pace than forecast

The Consumer Price Index climbed at an annual rate of 3% in September, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted. Economists polled by financial ... Read More

Americans are increasingly worried about finding good jobs with Trump in White House, new poll shows

WASHINGTON (AP) — Americans are growing increasingly concerned about their ability to find a good job under President Donald Trump, an Associated Press-NORC Center for Public Affairs Research poll ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

Powell says Fed taking meeting-by-meeting approach to interest rate cuts Fed chief says elevated inflation partly due to impact of tariffs Hiring and layoffs remained low through September, he says ... Read More

Wealthy Americans Are Spending. People With Less Are Struggling.

Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Data show a resilient economy. But that largely ... Read More

Trump administration to release September inflation report despite shutdown

The Trump administration will release a critical inflation report later this month despite shuttering the agency responsible for compiling key economic data during the government shutdown. The Bureau ... Read More

Fed Cuts Interest Rates Again to Protect Jobs as Economic Risks Grow

The Federal Reserve has once again cut its benchmark interest rate, aiming to revive the stagnant job market and prevent a surge in unemployment by lowering borrowing costs. Read More