Breaking News: Economy

Harris outlines an ‘opportunity economy’ centered on cutting food, housing, family costs

Vice President Kamala Harris on Friday delivered an economic policy pitch aimed to appeal to middle-class voters by focusing on…

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

Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.…

Consumer spending jumped in July as retail sales were up 1%, much better than expected

Consumer spending held up even better than expected in July as inflation pressures showed more signs of easing, the Commerce…

‘I see a lot of denial’: C-suite advisor says business bosses still expect a Trump win

U.S. business leaders are “in denial” about Vice President Kamala Harris’ growing lead over Republican presidential nominee Donald Trump, according to C-suite…

Annual inflation rate slows to 2.9% in July, lowest since 2021

Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is…

Wednesday’s big CPI inflation report could mark a change in thinking for the Fed

The news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department…

Wholesale inflation measure rose 0.1% in July, less than expected

A key measure of wholesale inflation rose less than expected in July, opening the door further for the Federal Reserve…