Tag: United States Economy

Fed Moves Toward Another Big Rate Increase as Inflation Lingers

WASHINGTON — The Federal Reserve, determined to choke off rapid inflation before it becomes a permanent feature of…

Veterans of Carter-Era Inflation Warn That Biden Has Few Tools to Tame Prices

WASHINGTON — When inflation surged in the late 1970s, President Jimmy Carter convened his top economic advisers for…

Gas Prices Around the World Threaten Livelihoods and Stability

“NO ES SUFICIENTE” — It’s not enough. That was the message protest leaders in Ecuador delivered to the…

GM Quarterly Sales Fall Amid Shortage in Computer Chips and Other Parts

The auto industry is facing worrying signs all across its horizon, including rising interest rates and fears of…

Why on Earth Is Pelosi Supporting the Trumpists?

The Democratic Party is behaving recklessly and unpatriotically. So far, Democrats have spent tens of millions to help…

Gas Prices Force Many to Rethink Driving, and Spending

KATY, Texas — Most Americans would gladly pay the $4.29 for a gallon of regular gas Buc-ee’s was…

Pessimism about the economy is growing, a U.S. poll shows.

Americans are becoming more pessimistic about the economy, more worried about inflation — and now, more anxious about…

As Dockworkers Near Contract’s End, Many Others Have a Stake

LOS ANGELES — David Alvarado barreled south along the highway, staring through the windshield of his semi truck…

Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales

For the past two years, anyone who had a home to sell could get practically any asking price.…

How Inflation Is Altering People’s Behavior

Americans are suffering from sticker shock.With inflation running at 8.6 percent, its fastest pace in 40 years, people…

U.S.-Led Alliance Faces Frustration, and Pain of its Own, Over Russia Sanctions

WASHINGTON — Four months into the war in Ukraine, the countries aligned against Russia face growing economic pain…

Fed Confronts a ‘New World’ of Inflation

Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly…