Inflation

Opinion: Experts once thought highly of Biden’s presidency. Here’s how his legacy is likely to change
Our survey of presidential experts a year ago drew attention for ranking Joe Biden 14th among the presidents, ahead of such consequential chief executives as Woodrow Wilson and Ronald...
Donald Trump has a housing market problem
With mortgage rates ticking up and home prices still rising nationwide, Donald Trump will be inheriting the thorny problem of the U.S. housing market when he takes office on...
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled.The Consumer Price Index rose 0.4 percent from November, and...
Inflation Sped Up in December, a Fresh Challenge for the Fed
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against inflation may have stalled.The Consumer Price Index rose 0.4 percent from November, and...
Fox News host confronts JD Vance with Joe Biden’s “good” jobs numbers
Fox News' Shannon Bream confronted Vice President-elect JD Vance with President Joe Biden's "good" recent job numbers in an interview that aired Sunday morning, but Vance doubled down on...
The Federal Reserve Thinks Trump is Going to Make Inflation Much Worse
If the “hell” Trump is promising is military action, it would inflame the Middle East further and likely set off a regional conflict that already includes Iran, Yemen, Syria,...
Column: Mea culpa: I got some things wrong in 2024. At least I hope I did
WASHINGTON —  I spent much of 2024 warning readers that a second Trump presidency would do serious damage to American institutions, beginning with democracy and the rule of law.“The former...
Column: History gets Jimmy Carter wrong, both underrated and overrated
In the lives of public figures a tale often takes hold and that narrative becomes their story.In the case of Jimmy Carter, it goes like this: A humble peanut...
How Big Pharma Is Wrecking the Inflation Reduction Act
Earlier this month, the consumer watchdog Public Citizen released a report outlining how four of the 10 drugs subject to negotiation would have faced competition from less expensive generic...
Tokyo inflation likely accelerated on suspended energy subsidies: Reuters poll
TOKYO (Reuters) - Consumer inflation in Tokyo likely accelerated in December on higher food costs and after the government's suspension of its gas and electricity subsidies, a Reuters poll...
Column: The U.S. economy is doing very well. But don’t give too much credit to Biden — or Trump
One of Donald Trump’s closing campaign arguments was that he would deliver a new “golden age” for America. This week, he announced that this Trump-powered golden age has already...
Social Security is changing in 2025. Here’s how it might affect you
Social Security forms the bedrock of income for millions of retirees, survivors and disabled people across the United States. As the New Year quickly approaches, some notable changes will...