Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed.
Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year.
The hidden costs of home ownership are rising rapidly.
Gas prices are once again on the decline across the U.S., bringing some relief to drivers now paying a little less to fill up their tanks.
America’s employers added a strong 272,000 jobs in May, accelerating from April and a sign that companies are still confident enough in the economy to keep hiring despite persistently high interest rates.
First time unemployment claims are up.
The U.S. stock market is shrinking and investors are pulling their money out at a near record pace as storm clouds gather over the U.S. economy.
President Joe Biden on Tuesday unveiled plans to enact immediate significant restrictions on migrants seeking asylum at the U.S.-Mexico border as the White House tries to neutralize immigration as a political liability ahead the November elections.
Researchers at the university of Maine have come up with a revolutionary new way to address the nation’s housing shortage.
Job openings have fallen to the lowest point in three years in another signal the U.S. economy is slowing.
