Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.
Category: United States Economy
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Gas Prices Are Falling, a Win in Fight Against Inflation
A gallon of regular gasoline in August was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand.
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Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired
More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.
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An American Sovereign Wealth Fund? Easier Said Than Done.
Creating a U.S. investment fund to compete against those in China and the Middle East could create more problems than it would solve.
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Trump’s Promises to Cut Inflation Are Unrealistic, Many Economists Say
Economists and analysts are dubious of Trump’s promises to slash gas prices or prod interest rates lower.
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Harris Economic Plan Focuses on Prices, a Key Vulnerability
Vice President Kamala Harris has been balancing the challenges of defending “Bidenomics” and charting her own course on the economy.
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For Trump, Tariffs Are the Solution to Almost Any Problem
The former president has proposed using tariffs to fund child care, boost manufacturing, quell immigration and encourage use of the dollar. Economists are skeptical.
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Stock Slide as Investors Wrestle With Shifting Bets on Rate Cuts
The stock market “can’t win” at the moment, said Andrew Brenner, head of international fixed income at National Alliance Securities. “Heads I lose, tails I lose.”
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What to know about the latest report.
Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August and the unemployment rate was 4.2 percent.
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For the Fed, a Sign That the Job Market Is Cooling but Not Imploding
Fed officials have been watching the job market as they move toward a rate cut this month. Friday’s report contained good and bad news.
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Trumponomics 2.0: Breaking Down Donald Trump’s Economic Plan
Higher tariffs, lower taxes, and more of Elon Musk: The former president outlined his economic vision to an audience of business leaders. But questions abound.
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U.S. Blowback to Nippon Steel-U.S. Steel Merger Vexes Japan
A looming decision in Washington to block Nippon Steel’s merger with U.S. Steel on national security grounds is raising sharp questions in Tokyo.