Dec 03 Watch 7:33 Why so many Americans are dissatisfied with the seemingly solid economy By Paul Solman, Diane Lincoln Estes There is a disconnect between seemingly solid economic numbers and the way people feel about this economy. Voters clearly were upset about the cost of living and that helped elect Donald Trump to a second term. Economics correspondent Paul Solman… Continue watching
Nov 30 Watch 7:35 Consumers still feel inflation's squeeze as holiday shopping season begins By John Yang, Andrew Corkery, Veronica Vela The weekend after Thanksgiving is the traditional start of the holiday shopping season, beginning with Black Friday. Some retailers have been offering discounts throughout November in hopes of encouraging shoppers squeezed by inflation to open their wallets. We hear from… Continue watching
Nov 29 Does Black Friday still reign as a holiday shopping juggernaut? By Anne D'Innocenzio and Haleluya Hadero, Alexandra Olson, Associated Press The day after Thanksgiving still reigns as the unofficial kickoff of the holiday shopping season even if it's lost some luster. Continue reading
Nov 27 Why are eggs getting more expensive again? By Dee-Ann Durbin, Josh Funk, Mark Vancleave, Associated Press The average price for a dozen eggs in U.S. cities was $3.37 in October, according to the Bureau of Labor Statistics. Continue reading
Nov 27 U.S. inflation gauge ticks higher with consumer prices on the rise By Christopher Rugaber, Associated Press 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. Continue reading
Nov 13 After 2 years of steady cooling, U.S. inflation rose slightly last month By Christopher Rugaber, Associated Press 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. Continue reading
Nov 12 Biden spurred new factories and infrastructure projects. Trump will be in office for the ribbon-cutting By Josh Boak, Associated Press Inflation is easing and President Joe Biden's administration has teed-up a ready-made list of infrastructure projects that could go from theoretical to reality over the next several years. But it could be it could be Donald Trump, rather than Biden,… Continue reading
Nov 09 Frustrated Americans who voted for Trump await the economic changes he promised By Paul Wiseman, Associated Press Trump campaigned on promises to impose huge tariffs on foreign goods, slash taxes and deport millions of undocumented immigrants. Yet many economists warn that Trump’s plans are likely to worsen inflation, raise costs for consumers and drive up the federal debt. Continue reading
Nov 07 WATCH: Federal Reserve Chair Powell holds news conference following interest rate meeting By Christopher Rugaber, Associated Press 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. Continue reading
Nov 06 Voters preferred Trump on handling the economy By Josh Boak, Linley Sanders, Associated Press According to AP Votecast data, anxiety about inflation was high nationally, and voters broadly believed that Donald Trump would be better equipped than Kamala Harris to handle the economy and jobs. The key swing states of Pennsylvania and Wisconsin largely… Continue reading