Lawyers for Federal Reserve board of governors member Lisa Cook called President Trump’s investigation committee into her “demonstrably biased.” "A hearing with demonstrably biased members, unspecified additional allegations, and an unclear schedule for the disclosure of any additional evidence –...
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Inflation data for September indicates price pressures are still weighing on the economy, putting Federal Reserve officials in a tricky position ahead of their decision on interest rates later this month. Annual inflation was 3.7 percent last month, as measured by the consumer pr...
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More than 4 in 10 Americans said they are struggling to afford basic living costs amid rising inflation levels in the country, according to polling data released Wednesday. The Pew Research Center surveys, which were conducted in late July and August, found that 44 percent of U.S...
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Kevin Hassett, the director of the National Economic Council (NEC), said Wednesday he sees a “bunch of good news” in the latest inflation report, which measured prices as up 3.7 percent year over year in September. Speaking to NewsNation’s Hannah Brandt at the White House, Hasset...
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Social Security benefits will increase by 3.6 percent in 2027, the Trump administration announced Wednesday. With the latest cost of living adjustment (COLA), Social Security retirement benefits will increase by $75 per month on average, according to the Social Security Administr...
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The consumer price index was expected to increase 0.6% in September on a monthly basis and 3.6% from a year ago, according to the Dow Jones consensus forecast....
