Thursday on Political Rewind: President Biden announced a student debt relief plan, partially meeting one of his campaign promises. Plus, two candidates on the top of Georgia's ballot get a boost from Sen. Mitch McConnell. Meanwhile, a settlement leaves the fate of a proposed mine at the Okefenokee’s edge in the hands of the Georgia EPD.
From Walmart to the neighborhood supermarket, retailers across the country are having to adjust as Americans watch their pennies in the face of high inflation.
Voters in a key swing county in Florida are grappling with some of the highest inflation rates in the country. But it's not necessarily the deciding factor for some voters.
The Inflation Reduction Act is not expected to bring down inflation dramatically or right away, but experts say that might not be such a bad thing given the bill's other areas of focus.
Falling gasoline prices put a dent in the July inflation rate, which fell to 8.5% from 9.1% in June. But other costs such as housing continue to climb, putting a strain on many family budgets.
Wednesday on Political Rewind: As both Kemp and Abrams turn to economic issues, Kemp plans to unveil a tax refund for Georgians, funded by the state's surplus. And while much about the Mar-a-Lago search is unknown, GOP figures nationwide are using it to motivate their base. But first, Greg Bluestein provides a breaking update from the Abrams campaign.
Today on Political Rewind: The three men who murdered Ahmaud Arbery will face a judge again today. Plus, Sen. Raphael Warnock's push to cap insulin at $35 monthly for everyone is blocked by Republicans. Also, the ACLU's challenge to Georgia's six-week abortion ban heads to court today.
Those households are struggling to stay afloat, according to a new poll from NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health.
U.S. employers added 528,000 jobs in July, showing the labor market remains strong, despite high inflation and softening economic growth. The unemployment rate fell to 3.5%.
The average price of gasoline nationwide is expected to drop below $4 a gallon in the coming days as prices continue to fall from the record highs hit in June.
Soaring natural gas prices are likely to drive consumer price inflation to 13.3% in October, the bank said. That will push Britain into recession later this year, bank forecasts show.
Few voters may be thinking of Jerome Powell as they go to the polls in November, but all will be coping with economic conditions strongly influenced by Powell's Federal Reserve Board.
The Federal Reserve is expected to raise its benchmark interest rate by another three-quarters of a percentage point amid fears of a looming recession.
