57Recent Stories
DOGE drove layoff announcements to their third-highest-ever level in March
More than 275,000 layoffs were announced last month, reaching a level not seen since the pandemic, according to a new report published Thursday.
Trump is blaming Biden for a weakening economy. Is that fair?
Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.”
Trump is blaming Biden for a weakening economy. Is that fair?
Markets are on the fritz and investor sentiment has slumped into “extreme fear” territory. Consumer confidence readings have cratered and surveys show a sharp turnabout in Americans’ feelings about their future financial well-being. Any positive reports are described by economists as the “calm before the storm.”
What to expect in Friday’s jobs report
If the pundits proved right, the US labor market was supposed to have broken down by now. It wasn’t supposed to survive the Federal Reserve’s historic and aggressive rate-hiking campaign to reel in high inflation.
Trump says he agreed to ‘immediately pause’ anticipated tariffs on Mexico for one month
President Donald Trump said Monday he agreed to “immediately pause” tariffs on Mexico for a month after a “very friendly” conversation with the country’s president, Claudia Sheinbaum.
Trump routinely calls economic data ‘fake.’ Here’s why that’s dangerous
Federal economic data is one of the purest forms of infrastructure, says Erica Groshen, a former commissioner at the Bureau of Labor Statistics.
Trump pledged to bring down food prices on Day One. Instead, eggs are getting more expensive
In August 2024, then-candidate former President Donald Trump delivered a press conference surrounded by packaged foods, meats, produce, condiments, milk and eggs.
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion.
Harris and Trump both hate inflation. Their economic proposals could cause prices to go higher
Inflation is slowly moving back to what’s considered a more sustainable pace, but for many Americans, it’s hard to take solace: The post-pandemic spike in price hikes drastically increased the cost of living.
Harris has a plan to fix one of America’s biggest economic problems. Here’s what it means for you
Americans across the political spectrum can agree on this: Rent is expensive, and buying a home can feel nearly impossible.