Inflation has fallen dramatically but remains above the Fed's target rate. Consumer prices rose 2.7% in November compared to a year ago, ticking upward from the previous month and potentially giving ...

On paper, the U.S. economy has been strong. Inflation is down from its 2022 peak, the labor market remains solid and robust consumer spending is fueling gross domestic product growth. But all those ...

Voter dissatisfaction with the economy, particularly the high cost of living after post-COVID inflation, helped bring Donald Trump back to the White House. Inflation peaked at 9.1 percent in June 2022 ...

U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...

Karandeep Sonu Gaind is affiliated with the Ontario District Branch of the American Psychiatric Association (president). University of Toronto provides funding as a founding partner of The ...

U.S. inflation eased to a new three-year low but is cooling more slowly than expected, new data showed. The consumer-price index rose 2.4% from a year earlier in September, the Labor Department said ...

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a major factor in their choice for president — ...

The annual inflation rate has cooled, new data from the U.S. Bureau of Labor Statistics revealed on Wednesday. The July consumer-price index shows an annual inflation rate of 2.9%, slightly below ...

Looking at the duration of Joe Biden’s presidency and using the standard measures for comparing inflation and wages, inflation has increased 19.3% since January 2021 while wages have risen 16.1%. When ...

For the second time in less than a week, President Joe Biden falsely claimed Tuesday that the inflation rate was 9% when he began his presidency. Biden repeated the claim about the inflation rate, ...

Inflation was 1.4% when Biden took office. It reached 9.1% nearly a year and a half into his presidency, coinciding with a period of rapid economic growth. As he defended his record in an interview ...

Inflation—you know it, and you definitely don’t like it. According to Americans polled in a Pew Research Center report last year, it is the nation’s top problem. Frustration with inflation is mutual ...