Inflation rose in November at the fastest pace in four months, marking the second straight month of acceleration. The Department of Labor reported Wednesday that the consumer price index (CPI) increased by 2.7% over the past year, matching economists' forecasts. Core inflation, which excludes food and energy prices, climbed 3.3% year-over-year.
Joe Biden delivered remarks on his administration’s economic record Tuesday at the Brookings Institution, making the questionable assertion that President-elect Donald Trump will inherit a “strong economy.” Biden expressed hope that the incoming administration would “preserve and build” on his policies.
A federal judge on Tuesday issued a preliminary injunction to temporarily block the $24.6 billion merger between Kroger and Albertsons, the largest proposed grocery...
During a Senate Judiciary Committee hearing on Tuesday, Republican Sen. Josh Hawley of Missouri confronted American Immigration Council senior fellow Aaron Reichlin-Melnick over the economic impact of illegal immigration on the American workforce.
President-elect Donald Trump sparked headlines Tuesday with a playful jab at Canadian Prime Minister Justin Trudeau, referring to him as the “Governor” of the “Great State of Canada.” The comments were shared in a post on Trump’s Truth Social account, where he recounted a recent dinner with Trudeau and expressed optimism about upcoming trade talks.
Gas prices are reportedly on a steady decline, offering relief to millions across the nation. The American Automobile Association (AAA) reports that the national average for a gallon of regular gasoline has dropped to a three-year low, now sitting at $3.01 as of Sunday.
Despite a challenging year for Argentina and President Javier Milei, the payoff from his tough economic reforms is becoming evident. His popularity is rising domestically and earning recognition among conservatives globally.
Small business owners’ optimism has soared to its highest level since June 2021 after President Donald Trump’s White House victory and Republican control of Congress, according to the latest survey from the National Federation of Independent Businesses (NFIB).
Former President Barack Obama admitted the defeat of his diversity-driven "pluralism" agenda in a speech delivered December 5 in Chicago. Speaking to a selective audience, Obama called for rebuilding institutions to support diversity and inclusion, following President-elect Donald Trump’s decisive 2024 election victory.
Syrians in Damascus celebrated Monday, flooding Umayyad Square to mark the end of President Bashar al-Assad’s regime. The sudden collapse of Assad’s government follows a rapid rebel offensive that ousted the dictator after decades of rule by his family.
