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Trump says DOGE could return 20% of its savings directly to taxpayers. That could reignite inflationPresident Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of ...
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end ...
The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the ...
The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...
U.S. producer prices increased solidly in January, offering more evidence inflation was picking up again and strengthening financial market views that the Federal Reserve would not be cutting interest ...
Average hourly wages increased 4.1% over the past 12 months, faster than the rate of inflation, according to the Labor Department’s January jobs report out Friday. In January alone, nonfarm ...
The broad rise in producer inflation reported by the Labor Department on Thursday followed on the heels of news on Wednesday that consumer prices accelerated by the most in nearly 1-1/2 years in ...
Excluding food and energy, the core PCE index—a key measure for Fed officials—also increased 0.3% monthly, bringing its ...
Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who ...
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