Economy

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…

Harris to propose federal ban on ‘corporate price-gouging’ in food and groceries

WASHINGTON — Vice President Kamala Harris plans to propose the first-ever federal ban on “corporate price-gouging in the food and…

Trump packs economic speech with personal attacks on Harris

Republican presidential nominee Donald Trump attempted to paint a bleak picture of the U.S. economy Wednesday and pin it on…

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…