From FedEx to airlines, companies are starting to lose their pricing power
After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the…
Inflation has created a dark cloud over how everyday Americans view the economy
When Kyle Connolly looks back at 2023, she sees it as a year defined by changes and challenges. The newly…
Is Biden due for a boost in polls as the economy improves? Pollsters say inflation still looms large
New Jersey Gov. Phil Murphy on Tuesday predicted that President Joe Biden will get a much-needed boost in the polls…
Bank of England set to hold interest rates as economists debate 2024 cuts
LONDON — The Bank of England is all but certain to keep its main interest rate unchanged at 5.25% for…
‘Too many things unaffordable:’ Biden fires up price wars as inflation cools
New data from the Federal Reserve suggests that inflation further cooled in November. But President Joe Biden’s crusade to convince…
Inflation fears down, consumer optimism up: Economy may start to help Biden with voters
Two new surveys released in recent days suggest consumers may be starting to feel more optimistic about inflation. This could…
‘Somebody has it wrong’ on U.S. recession risks as oil, gold and Treasurys diverge, fund manager says
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund…
Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says
Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued…
Biden wants credit for lower Thanksgiving food and travel prices, as inflation drags on his reelection campaign
Gathering around the Thanksgiving table will cost Americans less this Thursday than it did last year, and Democrats hope they’ll…
Yellen says high food and rent prices key factors in voters’ negative economic outlook
WASHINGTON — Treasury Secretary Janet Yellen pointed to the consistently higher prices that Americans pay for food and rent today,…
