Breaking News: Economy

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…

Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger

Latinas are making substantial contributions to the U.S. economy. The female Hispanic population contributed $1.3 trillion to gross domestic product…

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…