Nov 04 Harris has 4-point lead over Trump in final PBS News/NPR/Marist election poll By Matt Loffman On the eve of the 2024 presidential election, Vice President Kamala Harris has the support of 51 percent of likely voters to former President Donald Trump’s 47 percent – a lead just outside the poll’s 3.5-point margin of error. Continue reading
Oct 29 Watch 5:58 Examining how economic plans from Trump and Harris could affect inflation By Geoff Bennett, Azhar Merchant The economy and concerns around costs remain the top issue for many voters. Both candidates want to extend tax cuts, but they also have some big differences. Donald Trump wants to impose broad tariffs and deport undocumented workers, Kamala Harris… Continue watching
Oct 22 IMF declares global fight against high inflation is 'almost won' By Paul Wiseman, Associated Press The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared. Continue reading
Oct 10 Social Security recipients to get smaller 2.5% benefits boost in 2025 By Fatima Hussein, Associated Press Millions of retirees who receive Social Security benefits will see a 2.5 percent cost-of-living increase to their monthly checks beginning in January. Continue reading
Oct 10 U.S. inflation drops to lowest point in 3 years at 2.4 percent, some price pressures remain By Christopher Rugaber, Associated Press Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August and the smallest annual rise since February 2021. Continue reading
Oct 09 Social Security is due for another cost of living increase. It 'won't make a dent' for some retirees By Fatima Hussein, Associated Press The annual Social Security and Medicare trustees report in May that the program's trust fund will be unable to pay full benefits beginning in 2035. If the trust fund is depleted, the government will be able to pay only 83%… Continue reading
Oct 04 Watch 6:18 After strong jobs report, Treasury official discusses what it says about wider economy By Amna Nawaz The Labor Department issued one of the last jobs reports before the presidential election, and the numbers are strong. It shows 254,000 jobs were added in September, beating expectations. Overall, the report paints a picture of a robust American economy… Continue watching
Sep 19 WATCH: Biden lauds Fed's rate cut in speech at Economic Club of Washington, D.C. By Colleen Long, Chris Megerian, Associated Press Biden said Thursday the Federal Reserve's decision to lower interest rates was “an important signal” that inflation has eased as he poked at Donald Trump's economic policies as a failure in the past and sure to “fail again” if revived. Continue reading
Sep 18 Watch 5:52 What the first interest rate cut in 4 years means for the Fed's fight against inflation By Amna Nawaz, Azhar Merchant The Federal Reserve cut interest rates for the first time in four years with an aggressive move that lowers its benchmark rate by a half percentage point. The Fed also said it intended to lower interest rates by a full… Continue watching
Sep 18 WATCH: Federal Reserve Chair Powell speaks after Fed announces interest rate cut By Christopher Rugaber, Associated Press The unusually large half-point rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing. Continue reading