Consumer spending stalled in September as inflation remained stubborn

The last piece of official inflation data to land before the Federal Reserve’s policymaking meeting next week was a shutdown-delayed report that showed the pace of price hikes remained stubborn in ...

Leavitt accuses CNN reporter of trying to 'push narratives' during heated White House exchange

White House press secretary Karoline Leavitt sparked a heated exchange with CNN's Kaitlan Collins over Trump's inflation ...

Analysis: How the White House is using misleading comparisons to make inflation sound better

The year-over-year inflation rate in January, the month President Donald Trump returned to the White House, was 3.0%.

Trump isn’t to blame for affordability woes. Neither is Biden

President Donald Trump is blaming his predecessor Joe Biden for the affordability crisis that is roiling the US economy – and politics.

Trump’s affordability argument just got the unlikeliest champion

They are still adjusting to high prices that surged during years of runaway inflation that took place during former President ...

America faces an affordability crisis. Here’s how 27 experts say they’d fix it

Affordability, long a kitchen-table concern for many American families, has escalated into a national crisis, following years of persistently high inflation and a widening wealth gap.

We’re in a ‘windchill’ economy, where things feel worse than they are

People feel like their dollars aren’t stretching as far as before, and the cost of living is rising beyond their means. There’s just one problem: That part is not true. Most Americans are getting ...
CNN

Harris and Trump both hate inflation. Their economic proposals could cause prices to go higher

Inflation is slowly moving back to what’s considered a more sustainable pace, but for many Americans, it’s hard to take solace: The post-pandemic spike in price hikes drastically increased the cost of ...
CNN

The war on inflation has been won. It’s OK if you’re still angry

A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York CNN — This morning, economists got something they’ve been waiting three ...
CNN

The bogeyman haunting Harris (and Biden) that Trump is cashing in on

Inflation’s fingerprints are all over the 2024 race for the White House. Skyrocketing prices at the gas station, the supermarket and virtually everywhere else frightened Americans in the early days of ...

K-shaped economy and inflation boost Black Friday sales by 4.1% from last year, online spending jumps 9.1%

US retail sales on Black Friday, the busiest shopping day of the year, climbed 4.1% compared with last year, according to data released Saturday by Mastercard SpendingPulse. Online shoppers alone ...

The Fed just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.