Inflation is hitting hard in rural America and could accelerate depopulation in some parts of the country, according to the latest analysis from one expert.
Inflation is sky high. The Federal Reserve wants to bring it back to earth without crashing the economy. But achieving a so-called "soft landing" and avoiding a recession is easier said than done.
Monday on Political Rewind: The Fulton County election probe issued letters to state Sen. Burt Jones and Georgia GOP chair David Shafer informing them that they could face criminal charges. House Speaker David Ralston was called to testify last week as Sen. Lindsey Graham looks to avoid the stand.
Forecasters say inflation likely hit a new, four-decade high last month, fueled in part by record high gasoline prices. Gas prices have since fallen, but overall inflation is still elevated.
A new study finds American companies are using remote work as a way to avoid giving workers raises; so much so that it's helping to moderate inflation.
Biden has been faulted for speeches that do not seem to meet the moment or lack the urgency to compel others to follow. His soothing approach to issues that prompt anger has often failed to soothe.
U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.
Inflation — fueled by the pandemic, the war in Ukraine and local issues — has made everything more expensive, including the oil used to fry street food. Here's how vendors and customers are coping.
Inflation — fueled by the pandemic, the war in Ukraine and local issues — has made everything more expensive, including the oil used to fry street food. Here's how vendors and customers are coping.
Hosting a July 4th barbeque is 11 percent more expensive than last year, thanks to inflation. The prices of chicken wings, ground beef and beer have all skyrocketed. Still, there are ways to save.
Federal Reserve chairman Jerome Powell vowed to bring inflation back down to 2%. Some lawmakers worry the Fed's efforts to control inflation could tip the economy into recession.
Biden wants Congress to give people a break on the federal gas tax for the summer. But economists say that won't translate into big savings at the pump — and could hurt efforts to curb inflation.
In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.
In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.
