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
Dec 12 Consumers aren't having a very merry holiday season, AP-NORC poll finds By Josh Boak, Amelia Thomson-Deveaux, Associated Press Roughly half of Americans say it’s harder than usual to afford the things they want to give as holiday gifts, and similar numbers are delaying big purchases or cutting back on nonessential purchases more than they would normally. Continue reading
Dec 10 Watch 8:38 Trump's affordability speech turns into a rant against immigrants By Amna Nawaz, Jonah Anderson President Trump was on the road in Pennsylvania Tuesday to address affordability, an issue that has dragged down his approval ratings. But at the event the president reverted to campaign mode, delivering a long speech that included a rant about… Continue watching
Dec 09 Watch 11:01 Marjorie Taylor Greene speaks out about President Trump as she prepares to leave Congress By Amna Nawaz, Kyle Midura Georgia Rep. Marjorie Taylor Greene rose to national prominence as one of the most vocal backers of President Trump. But the pair fell out after she called for the extension of expiring health care subsidies and for the release of… Continue watching