Oct 12 Watch 3:40 News Wrap: Federal prosecutors charge Sen. Menendez with acting as foreign agent of Egypt In our news wrap Thursday, federal prosecutors leveled a new charge alleging Sen. Bob Menendez conspired to act as a foreign agent of Egypt, the White House denounced former Donald Trump's criticism of top Israeli officials for failing to anticipate… Continue watching
Oct 12 Social Security recipients will get over $50 more per month on average in 2024 By Fatima Hussein, Associated Press This year's 8.7 percent benefit increase was brought on by record 40-year-high inflation, which pushed up the price of consumer goods. With inflation easing, the next annual increase is markedly smaller. Continue reading
Oct 12 September’s U.S. consumer inflation eased slightly as price pressures cool By Christopher Rugaber, Associated Press Still, on a month-to-month basis, prices are still rising faster than is consistent with the Fed’s 2 percent target. Continue reading
Oct 11 Wholesale inflation in U.S. rose 2.2 percent in September, biggest year-over-year gain since April By Paul Wiseman, Associated Press U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates. Continue reading
Oct 09 2 Federal Reserve officials say spike in bond yields may allow central bank to leave rates alone By Christopher Rugaber, Associated Press That's because a surge in long-term interest rates has made borrowing more expensive and could help cool inflation without further action by the central bank. Continue reading
Oct 05 Average long-term U.S. mortgage rate reaches 7.49 percent, highest level in over two decades By Alex Veiga, Associated Press The cost of financing a home surged again this week, further dimming the affordability outlook for many would-be homebuyers. Continue reading
Sep 29 Watch 11:44 Brooks and Capehart on why a government shutdown could last a long time New York Times columnist David Brooks and Washington Post associate editor Jonathan Capehart join Amna Nawaz to discuss the week in politics, including the country barreling toward a government shutdown and the first hearings in House Republicans' impeachment inquiry of… Continue watching
Sep 29 Higher gas prices lift Fed’s preferred inflation gauge but underlying price pressures remain mild By Christopher Rugaber, Associated Press An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slowed in the latest sign that overall price pressures are still moderating. Continue reading
Sep 27 Watch 4:16 Student research project draws attention to price disparities in low-income neighborhoods A student research project in Boston is drawing attention to price disparities between grocery stores in high and low-income neighborhoods. Student journalist Sriya Tallapragada reports in this story produced during NewsHour’s Student Reporting Labs Summer Academy, where teens from around… Continue watching
Sep 26 U.S. consumer confidence falls in September as American anxiety about the future grows By Matt Ott, Associated Press The American consumer is feeling less confident this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period. Continue reading