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inflation

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Indo-Pacific Economic Framework for Prosperity (IPEF) launch event begins in Tokyo

Politics May 23

Biden launches new trade deal with Indo-Pacific nations, warns long ‘haul’ for inflation recovery

By Josh Boak, Aamer Madhani, Associated Press

Economy May 20

A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City
Watch 5:25
Investors scramble as the S&P 500 dives into bear market territory

Financial markets closed out the week with yet another head-spinning day, with one of the main indexes, the S&P 500, plunging for almost three hours into bear market territory, signifying a drop of 20 percent or more from its prior…

Nation May 17

Children age 5-11 receive vaccination against the coronavirus disease (COVID-19)
Watch 5:24
News Wrap: FDA approves Pfizer’s COVID-19 booster for children age 5 to 11

In our news wrap Tuesday, the FDA authorized Pfizer's low-dose COVID booster for kids 5 to 11 years old, China restricted more Beijing residents to their homes to help control a small outbreak, U.S highway deaths shot up last year…

Politics May 12

Federal Reserve Chair Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Photo by Kevin Dietsch/Pool via REUTERS
Senate confirms Jerome Powell for second term as Fed Chair

The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell's high-stakes efforts to curb the highest inflation in four decades.

By Christopher Rugaber, Associated Press

Politics May 11

U.S. President Biden visits Illinois
WATCH: Biden sees bigger role for U.S. farms to ease food prices amid Ukraine war

President Joe Biden is vowing to help American farmers try to ease a global spike in food prices following Russia's invasion of Ukraine.

By News Desk and Associated Press

May 11

U.S. prices see smallest rise in eight months, spurring hopes that inflation may be peaking

By Christopher Rugaber, Associated Press

Inflation slowed in April after months of relentless gains, a tentative sign that price increases may be peaking while still imposing a financial strain on American households.

Continue reading

May 10

WATCH: Biden defends record and warns of ‘ultra-MAGA’ Republicans taking power

By Zeke Miller, Chris Megerian, Josh Boak, Associated Press

President Joe Biden is warning voters unhappy with soaring inflation and his stalled domestic agenda against turning power over to "ultra-MAGA" Republicans in the midterm elections.

Continue reading

May 06

U.S. job market extends hiring streak with 428,000 jobs in April despite surging inflation

By Paul Wiseman, Associated Press

America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.

Continue reading

May 05

Watch 4:06
Stocks plummet in worst day since 2020 as economic forecast darkens

The stock market had its worst day since 2020 on Thursday, just one day after the Dow Jones Industrial Index average posted its best day in years. Washington Post columnist Catherine Rampell joins Judy Woodruff to discuss.

Continue watching

May 05

Stocks slump 3 percent as worries grow over higher interest rates

By Damian J. Troise, Alex Veiga, Associated Press

Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation.

Continue reading

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Full Episode
Tuesday, May 24

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