Breaking News: Economy

The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

Federal Reserve officials head into their policy meeting Tuesday closer to their goal of low inflation, but how much they…

Interest payments on the national debt top $1 trillion as deficit swells

The U.S. government for the first time has spent more than $1 trillion this year on interest payments for its…

Here’s the deflation breakdown for August 2024 — in one chart

Inflation cooled in August and fell to its lowest level since February 2021, which was around the time the consumer…

Wholesale prices rose 0.2% in August, in line with expectations

Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…

U.S. Latino economic output grows to $3.6 trillion, new report finds

The U.S. Latino economy grew by 13% from $3.2 trillion in 2021 to $3.6 trillion in 2022, according to a…

Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021

Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…

UK economy flatlines again in July, below expectations

LONDON — The U.K. economy continued to flatline in July on a month-on-month basis, flash figures published from the Office…

Chairman of property firm Damac expresses concerns over ‘expensive’ Dubai

DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track…

Economic ‘misery index’ that’s predicted every election winner since 1980 looking good for Harris, but it’s close

A gauge of economic misery that has a strong track record of predicting elections is tilting toward a Kamala Harris…