Mar 03 The U.S. economy is already unsteady. A war in Iran could add to that uncertainty By Christopher Rugaber, Associated Press A longer war that pushed oil past $100 a barrel for an extended period would likely boost inflation, at least temporarily. Continue reading
Feb 20 Inflation rose faster than expected in December By Christopher Rugaber, Associated Press The figures show that inflation remains elevated, even as it has come down from a peak near 7% in 2022. Continue reading
Feb 19 Watch 5:17 Trump shifts focus to affordability ahead of State of the Union By Liz Landers, Doug Adams President Trump is in Georgia and is talking about affordability and the economy, a theme he’s expected to spotlight again in next week’s State of the Union address. White House correspondent Liz Landers reports. Continue watching
Feb 13 Inflation measure falls to nearly five-year low as gas prices fall and housing costs cool By Christopher Rugaber, Associated Press Friday's report suggests inflation could be cooling, but it comes after the cost of food, gas, and apartment rents have soared since the pandemic. Continue reading
Feb 11 Federal deficits and debt will worsen over next decade, Congressional Budget Office finds By Fatima Hussein, Associated Press Congressional Budget Office projections also indicate that inflation doesn't hit the Federal Reserve’s 2% target rate until 2030. Continue reading
Jan 21 Watch 6:48 How the affordability crisis has evolved since Trump's return By Karina Cuevas, Bridget Craig President Trump marks his first year in office with an economy that looks a lot like the one he inherited. During a White House briefing, Trump hailed his policies and hit on the number one issue for Americans, affordability. For… Continue watching
Jan 13 Inflation cooled slightly in December but remains above Fed's target By Christopher Rugaber, Associated Press Many economists had expected inflation to jump last month as the government resumed normal data collection after the six-week shutdown last fall, so the modest increases that matched the November figures came as a relief. Continue reading
Jan 09 Venezuelans struggle with crumbling economy as Trump promises economic renaissance By Regina Garcia Cano, Matt Sedensky, Associated Press Venezuelans digesting news of the United States’ brazen capture of former President Nicolás Maduro are hearing grandiose promises of future economic prowess even as they live through the crippling economic realities of today. Continue reading
Jan 01 Watch 4:51 Why it's getting harder to find a new car under $25,000 By Cecilia Lallmann If you're looking to buy a new car in the new year, you might notice the prices seem to be higher than in the past. Most notably, there are fewer budget cars on the market. Digital producer Cecilia Lallmann explains… Continue watching
Dec 29 Head of Iran's Central Bank resigns amid protests as rial hits record low against the dollar By Associated Press Iran's rial fell to 1.38 million to the dollar Monday, worsening inflation and straining budgets. Continue reading