Treasury Secretary Scott Bessent’s novel solution for reducing consumer inflation has drawn bemusement from many online. "You know the best way to bring your inflation rate down? Move from a blue ...
Treasury Secretary Scott Bessent’s novel solution for reducing consumer inflation has drawn bemusement from many online. “You know the best way to bring your inflation rate down? Move from a blue ...
Short-term interest rates are too high. They’ll still be too high even if, as expected, the Federal Reserve cuts them by 25 basis points (0.25%) at its December meeting this week. Relative to expected ...
Sign up for Inside the Trump Presidency, a newsletter featuring coverage of the second Trump term. Americans are very unhappy with Donald Trump, and they’re very ...
Abby Cutrumbes misses being able to buy, as she puts it, “genuinely dirt-cheap wine.” She thinks wistfully of the days she picked up a bottle for under $10, or even less than $8. But the 27-year-old ...
The economic force is often seen as a barometer for a nation’s mood and health. But have we misunderstood it all along? Donald Trump holds a big and a small box of Tic Tac to illustrate inflation ...
• A flurry of economic data released Tuesday after a blackout during the government shutdown paints a confusing picture of the US economy. • September wholesale inflation rose by 0.3%, keeping the ...
U.S. President Donald Trump has been hit with negative new polling regarding the economy. According to polling by YouGov for CBS News, the majority of Americans who believe the economy is the most ...
Treasury Secretary Scott Bessent said on Sunday that President Trump’s sweeping tariffs have “nothing to do” with the rise in inflation. In an interview Sunday on NBC News’s “Meet the Press,” ...
Unlike specific assistance programs for food or energy, the governor called the money “unrestricted financial aid,” meaning recipients can spend it however they want. Hochul described the initiative ...
Without question, families continue to feel the sting of Biden’s high prices — at the grocery store, at the gas pump, and in their monthly rent. Lower-income families feel it most, because they devote ...
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties. By Alan Rappeport Reporting from Washington Before Scott Bessent became Treasury ...