Underlying US inflation probably cooled only a touch at the close of 2024 against a backdrop of a resilient job market and steadfast economy, supporting the Federal Reserve’s go-slow approach to further... Read more »
Morsa Images | Digitalvision | Getty Images List prices for the top 25 prescription drugs covered by Medicare Part D have nearly doubled, on average, since they were first brought to market,... Read more »
Michelle Bowman, governor of the U.S. Federal Reserve, speaks during the Exchequer Club meeting in Washington, D.C., on Feb. 21, 2024. Kent Nishimura | Bloomberg | Getty Images Federal Reserve Governor Michelle... Read more »
In December 2024, Mexico’s annual inflation rate dropped to a nearly four-year low of 4.21%, representing a notable decline of 0.34% from 4.55% in November. The inflation rate below market expectations remains... Read more »
German inflation accelerated more than anticipated last month, backing the European Central Bank’s plans to keep cutting interest rates only gradually. Source link Read more »
Djelics | E+ | Getty Images Retirees can expect to see some big changes in 2025 when it comes to their Social Security and Medicare benefits. President Joe Biden is expected to... Read more »
As we look ahead to the factors poised to shape financial markets next year, the economic policies under the incoming Trump administration emerge as a dominant theme. Tariffs and Corporate Tax Reductions... Read more »
A “Keep America Great” hat tops off a Christmas tree at a “Merry Christmas” rally hosted by President Donald Trump at the Kellogg Arena in Battle Creek, Michigan, Dec. 18, 2019. Scott... Read more »
US inflation figures in the coming week that are seen showing stubborn price pressures will reinforce the Federal Reserve’s cautionary posture toward future interest-rate cuts. Source link Read more »
Price rises will stay a worry as long as people talk about them, but Britain’s bigger concern should be the stagnant stock market. Source link Read more »
Filadendron | E+ | Getty Images Thanksgiving is a time to gather with loved ones, to show gratitude for life’s abundance — and, of course, to eat. And when it comes to... Read more »
Millennials are reshaping the narrative around midlife crises as financial realities and evolving values redefine what this pivotal life stage looks like. Born between 1981 and 1996, millennials face unique challenges compared... Read more »
As inflation has throttled back from pandemic-era highs, consumers have seen prices decline outright for many household items. This dynamic, known as deflation, generally doesn’t occur on a broad, sustained scale in... Read more »
Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024. David... Read more »
The Federal Reserve Building in Washington, D.C. Joshua Roberts | Reuters The Federal Reserve announced Thursday that it will lower its benchmark rate by a quarter point, or 25 basis points, less... Read more »
Betsie Van der Meer | Getty Only one cohort of surveyed shoppers said they have enough financial runway to spend cash this holiday season without rolling into debt — and even so,... Read more »
When I was a teenager, I bought my first car. It was a Toyota Tercel with a few hundred miles on it and cost less than $10,000. Granted, this was 30 years... Read more »
Jeff Greenberg | Universal Images Group | Getty Images Inflation has eased gradually across the broad U.S. economy, and some areas of consumer spending, such as furniture and gasoline, have even deflated... Read more »
Lordhenrivoton | E+ | Getty Images The Social Security Administration on Thursday announced that the cost-of-living adjustment will be 2.5% in 2025. When that increase goes into effect, it will be the... Read more »