'These workers have contributed to Americas ability to produce more goods'

Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy is making the soft landing that she predicted two years ago, when inflation soared after the pandemic. In a live interview during The Atlantic Festival 2024, journalist Ron Brownstein recalled their interview in 2022, when, he said, there was a great deal of...

CNN took some serious heat on Thursday after a shirtless man drinking beer at a pro-Trump boat parade took time out to educate their field reporter on the economy, inflation, and how stubbornly high prices impact everyone. Correspondent Elle Reeve approached Joe Harner, who was holding a beer in one hand and a red solo ...

The Bank of England on Thursday held interest rates steady, saying it most work to reach its goal of 2% inflation in a sustainable way.

President Biden will speak on the significant milestones of inflation and interest falling rates while the economy remains strong.

Norways central bank held its key policy rate at 4.5%, a level that is expected to remain unchanged until the end of the year as a weak krone continues to threaten efforts to bring inflation down.

Ronda Churchill/ReutersA crowd assembled to hear Republican vice presidential candidate

Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period.

Presented by Plan B One Step Democrats are pushing to extend subsidies that are set to expire next year {beacon} Health Care Health Care   The Big Story Democrats press for ACA subsidies extension The enhanced ObamaCare subsidies established through the Inflation Reduction Act are set to expire at the end of 2025 and...

The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.

A reporter asked JD Vance to react to the Fed's rate cut that will lower inflation, and the Trump supporting crowd booed lowering inflation.

A reporter asked JD Vance to react to the Fed's rate cut that will lower inflation, and the Trump supporting crowd booed lowering inflation.

The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a percentage point off benchmark rates in an effort to head off a slowdown in the labor market.With both the jobs picture and inflation softening, the central banks Federal Open Market Committee chose to lower its key overnight borrowing rate by a half percentage point...

Central bank's rate-setting committee says it has 'greater confidence' inflation is moving towards 2 percent target.

For the first time since 2020, the Federal Reserve on Wednesday cut interest rates as expected amid falling inflation in the U.S. economy. Rates were cut by 50 basis points, or a half percent.