Former Obama economist Jason Furman rejected any inflation happy talk on Tuesday, emphasizing that a recession was likely and high prices were not going away "anytime soon." "I think the markets are ...
A Fortune magazine headline suggested that record-high inflation rates should actually make people "happy" in an article published on Saturday. The article, written by Fortune editorial writer Tristan ...
The 2025 election two weeks ago crystallized how big a problem the economy and affordability appear to be for President Donald Trump and the Republican Party. Trump’s initial strategy for dealing with ...
Before the 1970s currency markets were near non-existent. There was really no reason for them as currencies were concepts, or measures of value. The dollar was defined as 1/35 th of a gold ounce, and ...
Billionaire CEO and Chairman of United Refining Company John Catsimatidis criticized the Inflation Reduction Act ahead of the House vote for increasing IRS auditors and burdening consumers. On "Cavuto ...
The July inflation data released Friday morning showed price growth remains on the path back to the Federal Reserve’s target of 2%, adding to the case for cuts to interest rates next month. Both the ...
The first price index release of the year brings some less-than-welcome news: Inflation has ticked up once again. The Bureau of Labor Statistics announced the Consumer Price Index increased 0.3 ...
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The battle over America's monetary future is about to begin. This week's Congressional testimony by Federal Reserve Chairman Jerome Powell touched on inflation, interest rates, the Consumer Financial ...
Becky Harris and Tom Kuntz are in different parts of the country. They also work in different links in supply chains related to bars and restaurants, and the producers and wholesalers key to their ...
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