President Donald Trump rescinded an executive order issued by former President Joe Biden aimed at finding new models for lowering drug costs. Trump's action didn't affect the caps on seniors' drug costs or Medicare price negotiations that Biden signed into law.
At her first White House briefing, Press Secretary Karoline Leavitt made an unusual claim about inflation that has stung American shoppers for years: Leavitt said egg prices have continued to surge because “the Biden administration and the department of agriculture directed the mass killing of more than 100 million chickens,
Key Takeaways Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.According to the median forecast, consumer prices likely rose 2.6% in December over the year,
On Wednesday, the Fed is expected to announce a pause from its rate-cutting path. What does that mean for mortgage rates? If Fed Chair Jerome Powell signals concerns about inflati
Hers set out to find how much the prices of healthy groceries have gone up in the U.S.—how much did the cost of eggs really increase in the past year?—and which items have been the most resistant to inflation to help support your healthy eating goals and your budget in 2025.
Kentucky Gov. Andy Beshear (D) said President Trump is addressing everything “but inflation and prices” in his first week in office. Beshear joined CNN on Tuesday, where he weighed in on
Owners of warehouses in the Chicago area began 2024 wondering if a slowing economy meant their pandemic-era boom was about to end. It didn't, and 2025 isn't looking much different. Thanks to steady demand and developers largely sitting on the sidelines,