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Christopher Rugaber, Associated Press

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Christopher’s Recent Stories

Economy Nov 27

U.S. inflation gauge ticks higher with consumer prices on the rise

According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday.

Nation Nov 21

Federal Reserve’s likely rate cut slowdown could disappoint borrowers

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates.

Economy Nov 13

After 2 years of steady cooling, U.S. inflation rose slightly last month

Consumer prices rose 2.6 percent from a year earlier, up from 2.4 percent in September. It was the first increase in annual inflation in seven months. From September to October, prices edged up 0.2 percent.

Politics Nov 07

WATCH: Federal Reserve Chair Powell holds news conference following interest rate meeting

The Fed's future moves are now more uncertain in the aftermath of the election, given that Trump's economic proposals have been widely flagged as potentially inflationary.

Economy Oct 30

Why the last jobs report before the election will be one of the most distorted in years

Just as voters, politicians and Federal Reserve officials are looking for a clear read on the economy, they instead will get a muddied one.

Economy Oct 18

Driving retail spending, wealthier Americans are powering U.S. economy

One key reason is a relatively simple one: Wealthier consumers, boosted by strong gains in income, home equity and stock market wealth, have increasingly driven the spending.

Politics Oct 10

U.S. inflation drops to lowest point in 3 years at 2.4 percent, some price pressures remain

Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August and the smallest annual rise since February 2021.

Economy Sep 27

Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts

The cooling of inflation might be helping to erode former President Donald Trump’s polling advantage on the economy.

Economy Sep 18

WATCH: Federal Reserve Chair Powell speaks after Fed announces interest rate cut

The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.

Economy Sep 10

Inflation-adjusted incomes hit pre-pandemic levels in 2023, offsetting some inflation pressure

The proportion of Americans living in poverty also fell slightly last year, to 11.1 percent, from 11.5 percent in 2022.

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