During a MAGA rally on the economy in Pennsylvania last month, Donald Trump made up the outright lie that high inflation during Joe Biden's presidency was due to illegal immigrants. "A major factor ...
Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing. Consumer prices rose 0.3% in December from the prior month, ...
Forbes contributors publish independent expert analyses and insights. I cover the intersection of people, risk, leadership and performance. This voice experience is generated by AI. Learn more. This ...
The annual inflation rate hit 2.7 percent in December, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The new consumer price index (CPI) data showed inflation holding flat ...
Iranians protested and many businesses closed up shop for a second day on December 29 as the country's currency reached a record low on foreign exchange markets. Riot police were reported to be using ...
"Most participants judged that further downward adjustments to the target range for the federal funds rate would likely be appropriate if inflation declined over time as expected," the document said.
The nationwide demonstrations that have roiled Iran for weeks appear to have been largely quelled by a brutal government crackdown. By Abdi Latif DahirLeily NikounazarFarnaz Fassihi and Ephrat Livni A ...
Iran is facing its largest demonstrations in years as people hit the streets of Tehran and other cities to protest the country's dismal economic situation. The protests erupted Sunday and gathered ...
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