inflation

Ian Bremmer of the Eurasia Group says a volatile Mideast, Russian disruption and a strained U.S.-China relationship could all prove harmful.

The U.S. Energy Information Administration reports that pump prices on average were 21 cents lower per gallon in 2024 than they were in 2023.

The Federal Reserve has wanted cooling inflation coupled with steady employment. It’s gotten that.

Labor shortages may fuel inflation and hurt construction and food service. Some U.S.-born workers, along with the detention industry, may gain.

Many family-owned eateries are built on tradition. This time of year, they host tradition-seeking regulars coming in for holiday get-togethers.

Confidence was expected to continue to rise. Consumers cite inflation, politics and tariffs as factors they see influencing the economy.

The December rate cut was expected. But the Fed also reduced the number of expected rate cuts for 2025.

Workers at the bottom 90% had stronger wage growth than the top 1% in the years since the pandemic, according to the Economic Policy Institute.

Tax cuts, tariffs and mass deportations could put upward pressure on prices — and interest rates.

The producer price index calculates price inflation from businesses’ point of view — think labor costs or raw materials prices.