Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic...

Americans’ refusal to keep paying higher prices may be dealing a final blow to US inflation spike

WASHINGTON (AP) — The great inflation spike of the past three years is nearly spent — and economists credit American consumers for...

Created Equal: How the impacts of inflation divide the Democratic Party 

President Joe Biden’s pitch to voters is simple: the economy is booming, jobs are plentiful, portfolios are swelling, let's keep...

Kellogg’s facing backlash, boycott this month following controversial comment from CEO

Kellogg's Company could face a national boycott beginning this week after comments made by its CEO caused a huge backlash...

Michigan economics professor says recession would be mild despite rising inflation

The U.S. economy has been dealing with a shortage of goods and high gas prices during the past year, leading...

Expert shares money-saving tips as inflation makes Thanksgiving dinner more expensive

Inflation is the highest it's been in nearly 40 years. Most people aren’t prepared for the double-digit increase in food...

Inflation and the U.S. economy following the 2022 midterms

Inflation was one of the top issues on voter's minds when they headed to the polls last week. Yet while...

U.S. inflation and what we can expect in the future

This month, in an effort to slow down inflation, the Federal Reserve Bank raised interest rates by its largest amount...

Corporations are making billions in profits while consumers pay price of inflation

  The economic rebound from the pandemic and supply chain shortages have been driving factors for inflation, causing the Federal...

How concerned should we be about inflation?

These days, pundits are talking a lot about rising prices and specifically, inflation. And it’s true prices at the grocery store...