Economy May 04 The value of the U.S. dollar has weakened since Trump took office. Experts say that can be a 'hidden tax' By Matt Sedensky, Associated Press
Economy May 01 What to know about May Day as workers face rising costs due to Iran war Activists worldwide gathered for May Day rallies and street protests Friday, calling for peace, higher wages and better working conditions as many workers grapple with rising energy costs and shrinking purchasing power tied to the Iran war. By Sylvie Corbet, Associated Press
Economy Apr 30 Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. By Christopher Rugaber, Associated Press
Politics Apr 22 WATCH: Bessent testifies on Trump's Treasury Department budget request before Senate committee Treasury Secretary Scott Bessent doubled down on economic pressures on Iran on Tuesday. By Associated Press
Politics Apr 21 Approval of Trump on economy falls in new AP-NORC poll, as Iran war drives up prices The findings from The Associated Press-NORC Center for Public Affairs Research show a president who is struggling with unfulfilled promises to tame inflation and testing Americans’ patience with a conflict in the Middle East that has dragged on longer than expected. By Josh Boak, Linley Sanders, Associated Press, Jesse Bedayn, Associated Press/ Report for America
Apr 14 U.S. wholesale prices surged 4% last month during the Iran war By Paul Wiseman, Associated Press The surge in prices complicates the work of the inflation fighters at the Federal Reserve, who have faced intense pressure from President Donald Trump to lower their benchmark interest rate. But some Fed policymakers are inclined to raise rates instead,… Continue reading
Apr 13 The 'biggest mistake' people make when they're falling behind on mortgage payments By Hannah Grabenstein While nonpayments remain below national levels before the COVID-19 pandemic, the number of mortgages in delinquency ticked upward in February, according to a monthly report from Intercontinental Exchange. Continue reading
Apr 10 Soaring gas prices leads to biggest monthly inflation spike in four years in March By Christopher Rugaber, Associated Press It’s the first read on inflation to capture the effects of the Iran war. Continue reading
Apr 09 'Why is this so high?' Electric bills in West Virginia now top mortgages despite Trump's promises By Margie Mason, Associated Press West Virginians are angry and perplexed over soaring utility costs in one of the most energy-rich, yet poorest, corners of America, where families have been forced to choose between paying for food or heat. Continue reading
Apr 02 The Senate has passed a major housing reform bill. Here are 3 ways it could have a 'big impact' By Hannah Grabenstein Through a series of smaller efforts such as solidifying disaster recovery programs, funding low-income home repairs and keeping rural housing affordable, experts say the legislation has the potential to improve the nation’s housing infrastructure. Continue reading