Sep 06 Watch 6:35 Chicago Fed president expects multiple interest rate cuts amid economic 'overcooling' By Geoff Bennett, Murrey Jacobson, Karina Cuevas The latest jobs report paints a mixed picture of the overall economy. The U.S. added 142,000 new jobs last month and the unemployment rate dipped slightly to 4.2 percent. The report was better than July, but with revisions, it shows… Continue watching
Sep 05 WATCH: Trump suggests tariffs can reduce child care costs at New York economic event By Associated Press Former President Donald Trump suggested to business leaders Thursday that his plans to increase tariffs on foreign imports would solve seemingly unrelated challenges such as the rising cost of child care in the U.S. Continue reading
Sep 03 Fed celebrates end of inflation surge, but many Americans don't feel like cheering By Chris Rugaber, Associated Press Most Americans are not in the same celebratory mood about the plummeting of inflation in the face of the high borrowing rates the Fed engineered. Continue reading
Aug 26 As Israel's economy struggles, leading economists say ending the war in Gaza would help By Julia Frankel, Associated Press Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict. Continue reading
Aug 21 Most Federal Reserve officials favor rate cut in September if inflation cools, minutes reveal By Christopher Rugaber, Associated Press The minutes of the Fed's July 30-31 meeting indicate that the "vast majority" of policymakers "observed that, if the data continued to come in about as expected, it would likely be appropriate to ease policy at the next meeting."… Continue reading
Aug 16 Watch 9:00 Harris unveils economic agenda to combat soaring grocery and housing prices By Amna Nawaz, Kyle Midura, Jonah Anderson In her first major policy speech since becoming the Democratic presidential candidate, Vice President Kamala Harris laid out her vision for combatting rising prices, one of the biggest issues for voters in this year's election and one that's dogged the… Continue watching
Aug 16 U.S. consumer sentiment rises this month amid optimism over Harris' presidential bid By Paul Wiseman, Associated Press Americans’ expectations for the future rose, while their assessment of current economic conditions sank slightly. Democrats’ sentiment rose, and Republicans’ fell. Continue reading
Aug 16 Harris has proposed a slew of economic policies. Here's a look at what's in them By Will Weissert, Associated Press Among other proposals, Harris wants to increase homebuilding and affordable housing stock, provide more tax incentives for first-time homebuyers, and cancel accumulated medical debt for millions of Americans. Continue reading
Aug 15 Americans spent more at retailers in July despite higher prices By Christopher Rugaber, Anne D'Innocenzio, Associated Press Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates. Continue reading
Aug 14 Watch 4:37 Trump gives economic speech in North Carolina as more polls show Harris gaining ground By Laura Barrón-López, Matt Loffman, Winston Wilde, Mekhi Hill The top issue for many voters, the economy, took center stage as former President Trump returned to campaign in a battleground state for the first time this month. His North Carolina rally followed a scattershot news conference at his Mar-a-Lago… Continue watching