Jun 17 Fed officials left in ‘uncomfortable purgatory’ as tariffs complicate this week’s rate decision By Christopher Rugaber, Associated Press With the outlook uncertain, Fed policymakers are expected to keep their key interest rate unchanged on Wednesday at about 4.4%. Continue reading
Jun 13 Consumer sentiment rises for first time in 2025 as inflation remains tame By Christopher Rugaber, Associated Press The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, jumped 16% from 52.2 to 60.5. Continue reading
Jun 11 U.S. inflation rose slightly last month as grocery prices ticked higher By Anne D'Innocenzio and Christopher Rugaber, Associated Press The figures suggest inflation remains stubbornly above the Federal Reserve's 2% target, which makes it less likely that the central bank will cut its key short-term interest rate. Continue reading
May 19 Economists say Trump’s tariffs are unpredictable and still working their way through the system By Paul Wiseman, Christopher Rugaber, Anne D'Innocenzio, Associated Press Trump’s tariffs are still huge, unpredictable and working their way through the system. Continue reading
May 13 S&P 500 erases its loss for 2025 as Wall Street rallies on news of slower inflation By Stan Choe, Associated Press Stocks have been roaring back since the S&P 500 fell nearly 20 percent below its record last month on hopes that President Donald Trump will ease his stiff tariffs on trading partners worldwide before they create a recession and send… Continue reading
May 13 Egg prices drop for the first time in more than 6 months, but remain high By Dee-Ann Durbin, Associated Press The average price of eggs of all sizes fell 12.7%, which was the steepest monthly decline since March 1984. Continue reading
May 13 Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt By Christopher Rugaber, Associated Press Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries. Continue reading
Apr 30 Stocks sink after weak GDP report but storm back after inflation update By Stan Choe, Associated Press Much like its wild month of April, a scary Wednesday for Wall Street found a gentler ending as U.S. stocks stormed back from steep early losses to continue their manic swings amid uncertainty about what President Donald Trump’s trade war… Continue reading
Apr 24 Americans expect higher prices from Trump’s tariffs, new poll shows By Josh Boak, Amelia Thomson-Deveaux, Associated Press An Associated Press-NORC poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering. Continue reading
Apr 22 IMF drops global economic growth forecast amid uncertainty around Trump’s tariffs By Christopher Rugaber, Associated Press The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely. Continue reading