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inflation

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economy

Economy Jul 30

Breaking down the GDP report as U.S. economy slows in 2nd quarter

By Amna Nawaz, Jackson Hudgins, Katie Marlow

Nation Jul 30

Agriculture is seen in the Imperial Valley, the single largest recipient of Colorado River water
Why lettuce is causing hard times at some restaurants

It’s been a choppy year for restaurants that lean into lettuce.

By Dee-Ann Durbin, Associated Press

Economy Jul 30

A shopper walks past a U.S. flag at Hudson Yards in New York City
Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5% in 2nd quarter

Inflation remained above the central bank’s 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.

By Paul Wiseman, Associated Press

Economy Jul 29

U.S. Federal Reserve Chairman Kevin Warsh holds a press conference, in Washington
WATCH: Fed chair Warsh holds news conference after leaving interest rate unchanged

The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war.

By Paul Wiseman, Associated Press

Economy Jul 28

FILE PHOTO: Aldi grocery store to open in Midtown Manhattan
Americans' confidence in U.S. economy falls again as Iran conflict sends gas prices higher

Americans remain soured on the economy after five years of elevated inflation, potentially posing a risk to President Donald Trump and Republicans in the midterm elections.

By Matt Ott, Associated Press

Jul 24

Gas, groceries and back-to-school items are where shoppers might see higher oil prices surface

By Anne D'Innocenzio and Cathy Bussewitz, Mae Anderson, Associated Press

Already feeling pinched since the start of the Iran war, consumers are likely to feel more pain ahead as oil prices pushed past $100 a barrel Thursday amid renewed fighting and military strikes that have left global oil supplies stranded…

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Jul 14

Watch 5:30
Inflation eased in June, but Americans still feel pressure from high prices

By Liz Landers, Ryan Connelly Holmes

A report shows inflation eased more than expected in June. It's welcome news for President Trump, who has made lowering prices a focus of his economic agenda. But months of higher-than-expected inflation have continued to squeeze many households and raised…

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Jul 14

Massive data center buildout poses latest inflation threat for consumers

By Christopher Rugaber, Associated Press

Investment in data centers has made memory chips, computer processors and other equipment, as well as electricity, more expensive.

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Jul 14

Inflation cools more than expected in June as gas costs fall and underlying prices ease

By Christopher Rugaber, Associated Press

Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation.

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Jul 08

Watch 6:55
As living costs soar, more retirees head back to work

By Paul Solman, Layla Quran

As the cost of living continues to rise in the United States, people are finding it more difficult to make ends meet. Older Americans are feeling it more than most. Paul Solman reports on what's forcing many retirees to unretire.

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Full Episode
Tuesday, Aug 11
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