Browsing: Economy

More Americans believe former President Trump is better at handling the economy and inflation than President Biden, according to a new poll from ABC News/Ipsos.

Thailand’s inflation rate rose by 0.9% in April, marking the first increase in seven months, with expectations for the inflation rate to rise in the second quarter…

The company in Cambridge that produces a drug for Lou Gehrig’s disease which recently didn't work in a big study stated Thursday it will pull the medication, Relyvrio, from the market, admitting it didn't benefit patients with the fatal neurological condition.

Federal Reserve officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said Wednesday, despite recent reports showing that the U.S. economy is still strong and that U.S. inflation picked up in January and February.

After higher-than-expected inflation and labor market numbers in January and February following a strong U.S. economy, Federal Reserve officials are indicating they might maintain higher interest rates for a longer period. “It is too early to determine whether the recent numbers represent more than just a temporary increase,” said Fed chair Jerome Powell…

Britain’s experience in fall 2022 gives a peek into the abyss.

Who wouldn’t want to go back in time and return to the days before the economy surged out of the pandemic recession and sent prices skyrocketing? Many economists warn that consumers should be cautious about what they wish for.

The nonpartisan Congressional Budget Office (CBO) estimated that immigration will result in a $7 trillion boost to gross domestic product over the next decade.

WASHINGTON — Federal Reserve officials indicated Wednesday that they still plan to lower their key interest rate three times in 2024 despite signs that inflation remained surprisingly high at the beginning of the year. However, they expect fewer rate cuts in 2025 and have slightly raised their inflation forecasts. After concluding their latest meeting, the […]

Before the Federal Reserve’s meeting on interest rates and inflation, progressive lawmakers are urging the central bank to “seriously think about” the effect of ongoing high interest rates on housing affordability and other economic problems.