Trump inherits a solid economy as the stunning rebound from the Covid pandemic wasn’t enough to keep a Democrat in the White ...

Trump has vowed that mass deportation will be a day-one priority, saying he has “no choice” but to deport anyone who is in ...

By Christopher Rugaber and Anne D’Innocenzio AP Business Writers American consumers wrapped up the year in a spending mood, ...

Retail sales in the United States edged higher in December, signaling that consumers remain willing and able to spend despite ...

Overshadowing it all, at least for now, is his ejection from the 2024 campaign amid concerns of declining mental acuity — and then the election of Donald Trump, whom Biden had once defeated and dubbed ...

The Federal Reserve has now battled high inflation for nearly four years. Economists point to the Federal Reserve's rate cuts ...

Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...

The latest inflation report slashed the risk that the Fed could go back to hiking interest rates this year, Wall Street ...

Entering 2025, models from forecasting companies like Trading Economics anticipate inflation rates between 2.4% and 2.9% ...

Gas prices rose sharply, but investors homed in on a small decline in the core CPI.

In Phoenix, food away from home saw one of the more significant jumps, increasing 3.4% in the past year compared to grocery prices, which rose 0.7%. Energy prices declined overall, driven by lower gas ...

Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s ...