Higher Energy Prices Pushed U.S. Inflation Up to 3.7% Ahead of Midterm Elections
September’s Consumer Price Index report will keep pressure on President Trump and the Federal Reserve to tame intensifying price pressures.
Surging Inflation Complicates Trump’s Final Push to Sell Voters on Strong Economy
The final inflation report before the 2026 election — showing price increases and stagnant wages — spelled bad political news for the White House.
A crackdown on online shopping tricks is welcome, but doesn’t go far enough
ViDI Studio/ShutterstockHurry! Only two left! Fourteen people bought this in the last hour! Fifty people are looking at this item!
Anyone who shops online will be familiar with these kinds of messages popping up on their screen. The online equivalent of a pushy salesperson, they are designed to create a sense of urgency around making a purchase.
Democrats Blame Trump After CPI Report Shows Energy Prices Drove Up Inflation
Inflation and economic frustrations have expanded the map of competitive midterm election districts deep into Republican territory.
FEDS Paper: A Macroeconomic Analysis of Household Labor Supply Responses to Large Fiscal Transfers
Isabel Cairó, Shigeru Fujita, and Camilo Morales-JimenezThe fiscal transfers deployed during the COVID-19 pandemic were unprecedented in scale and strongly progressive. Using CPS/ASEC data, we document that the decline in employment during the pandemic was larger for low-income households and tightly linked to the intensity of transfer receipt, a pattern absent during the Global Financial Crisis.
Gas Prices Are Up 34% From a Year Ago, Adding to Inflation Pressures
Energy prices have surged since the start of war with Iran, lifting inflation in the United States.
Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.
BofA profits drop 17% after $1.2bn money laundering fine
Second-largest US bank reports weaker results in trading than Wall Street rivals
Companies may be held liable when AI harms their clients and customers
When AI messes up on a tax return or in a court filing, it's no laughing matter. DigitalVision Vectors/Getty ImagesArtificial intelligence has moved quickly from a novelty on the job to a common workplace tool. Gallup found that 52% of U.S.
It’s been a bad year for turning lawsuits into earnings
Litigation funders discovered a way to book the verdict before the trial. Guess what happened next
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