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
Dec 23 Consumer confidence drops in December to lowest level since U.S. tariffs rolled out in April By Matt Ott, Associated Press Write-in responses to the survey showed that prices and inflation remained consumers' biggest concern, along with tariffs. Continue reading
Dec 23 U.S. economy expands at a surprisingly strong 4.3% annual rate last quarter, though inflation remains stubbornly high By Matt Ott, Associated Press Excluding volatile food and energy prices, so-called core inflation was 2.9%, up from 2.6% in the April-June quarter. Continue reading
Dec 18 Watch 6:11 Chicago Fed president on the economy's mixed signals By Geoff Bennett, Jackson Hudgins Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the highest unemployment rate in four years. The numbers… Continue watching
Dec 18 U.S. says inflation slowed last month but data may be distorted and Americans aren't feeling it By Paul Wiseman, Anne D'Innocenzio, Associated Press Year-over-year inflation remains well above the Federal Reserve’s 2% target, and Americans are complaining loudly about the high cost of living. Continue reading
Dec 17 WATCH: Trump addresses the nation from the White House | PBS News special coverage President Donald Trump delivered a politically charged speech Wednesday carried live in prime time on network television, seeking to pin the blame for economic challenges on Democrats while announcing he is sending a $1,776 bonus check to U.S. troops for… Continue reading
Dec 17 Americans are more dissatisfied with Trump's handling of the economy than ever, poll shows By Matt Loffman Fifty-seven percent of Americans disapprove of how Trump is handling the economy, according to the latest PBS News/NPR/Marist poll. Continue reading
Dec 15 Iran's currency plummets to new low, sparking fears of higher food prices By Amir Vahdat, Associated Press The depreciation is worsening inflation, driving up prices for essentials and straining household budgets. Continue reading