President Biden discussed the economy in the last interview of his administration on MSNBC’s “The Last Word with Lawrence O’Donnell" Thursday night.
Measuring key aspects of a nation’s economy is important, but the metrics used are often misunderstood by many. Quantifying output of goods and services, price levels, and labor use provides
Overall inflation in the United States accelerated for the third-straight month in December. But the core consumer price index increased slightly less than expected, raising the prospect of another interest-rate cut.
U.S. inflation accelerated last month as prices for gas, eggs, and used cars rose, yet underlying price pressures also showed signs of easing, bolstering hopes that the Federal Reserve could still cut its key interest rate this year.
US consumer inflation rose for a third straight month in December as energy prices increased, according to government data published Wednesday, adding pressure on the Federal Reserve to pause rate cuts.
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the highest since last July
Annual inflation in the United States climbed to 2.9% in December 2024, marking its third consecutive monthly increase and aligning with market expectations. This steady rise, up from 2.7% in November,
The Labor Department said on Wednesday that inflation rose by 2.9% in December, up from 2.7% in November and the highest rate since July 2024. Biden went on to claim red states "screwed up" on ...
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
Americans can continue to expect high prices for eggs this year, new estimates show, due to the ongoing avian flu outbreak and inflation.
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.
Good day. Here are the stories of The Manila Times for Wednesday, January 22, 2025. Today's episode is brought to you by Wilcon Depot, The Philippines' leading home improvement and construction supplies retailer—your Trusted Building Partner.