inflation

Prices barely moved in November but still held higher than the Federal Reserve's target when looked at from a year ago, according to a Commerce Department measure released Friday.The personal consumption expenditures price index, the…

___Fed attacks inflation with its largest rate hike since 1994WASHINGTON (AP) — The Federal Reserve intensified its drive to tame high inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly…

Microsoft Corp. isn’t the only U.S. company pointing to the dollar’s surge as a potential problem. A strong dollar has been a hot topic this week since the software giant MSFT, -1.66% and…

More Americans are delaying their retirement amid a loss in savings and high inflation, according to a new survey. (iStock) Rising inflation is taking a toll on Americans, 60% of whom say it's had an adverse effect on their finances,…

The U.S. economy added 390,000 jobs in May, better than expected despite fears of an economic slowdown and with a roaring pace of inflation, the Bureau of Labor Statistics reported Friday.At the same time, the unemployment rate held at…

Economists say now is a smart time to ask for a raise. "It's a worker's market. Workers have the power right now," says Beth Ann Bovino, chief economist at S&P Global. "Will it last through 2022? I would guess not. But up until the…

FOX business host shreds the Biden administration over the state of the economy on 'Kudlow.' So, we begin tonight with the front page of the New York Post. That kind of says it all.  Take a look… "Joe's Train Wreck" — "gas hits a…

Stock-market investors crowded the exits on Thursday, sending major stock indexes sharply lower a day ahead of another eagerly anticipated consumer-price index reading. Recent history may offer a clue. “While…

This is an opinion editorial by Dan, cohost of the Blue Collar Bitcoin Podcast.Series ContentsPart 1: Fiat Plumbing IntroductionBusted PipesThe Reserve Currency ComplicationThe Cantillon ConundrumPart 2: The Purchasing Power…

<!-- SHOW ARTICLE --> President Joe Biden has the misfortune to be president at the moment when…