Fed Holds Key Interest Rate at 22-Year High
The Federal Reserve will continue to watch and wait as its battle against inflation plays out. As expected, the Federal Open Market Committee...
US Economy Roars in the Third Quarter
The U.S. economy surged in the third quarter, as gross domestic product grew at a 4.9% annualized basis, according to an initial estimate released by...
Scalise Struggles to Win Support for Speaker Bid
Majority Leader Steve Scalise reportedly faces unyielding opposition from some members of his Republican conference as he scrambles to save his bid to...
Mixed Signals on Inflation in September
The rate of inflation eased a bit in September, as prices rose 0.4% from the previous month, down from the 0.6% rate recorded the month before...
A Stunningly Strong Jobs Report
The U.S. economy added 336,000 jobs in September, stunningly strong gains that roughly doubled economists’ forecasts. The blockbuster number, released...
The Fed's Hawkish Pause
The Federal Reserve held steady on Wednesday in its battle against inflation while signaling that another interest rate could be coming later this...
Trust in Government Near All-Time Low: Survey
The mounting chaos in Washington and the threat of yet another shutdown can’t be helping strengthen Americans’ faith in government, which according to...
Inflation Accelerates as Gas Prices Jump
Inflation picked up in August, the Labor Department reported Wednesday, with the topline consumer price index coming in at 3.7% on a 12-month basis...
Another Disastrous Poll for Biden and 'Bidenomics'
The White House spent much of the summer promoting its economic agenda, dubbed ‘Bidenomics,’ but the effort doesn’t seem to be helping President Joe...
GDP Growth Revised Lower for Q2: Is the Economy Just Returning to Normal?
The economy was not quite as strong in the second quarter as originally estimated, the Department of Commerce announced Wednesday. The government...