US inflation may have increased in October: Here's what's rising in price, and what's leveling off
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
A rise in prices could make the Federal Reserve less likely to cut its key interest rate in the coming months. But most economists believe inflation will continue its slowdown.
Federal Reserve cuts its key interest rate by a quarter-point on heels of election
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
The interest rate cut follows a larger half-point reduction in September, and it reflects the Federal Reserve's continued focus on supporting the job market and battling inflation.
Residents vote to lift 120-year-old ban on selling alcohol in this New Jersey town
A South Jersey town is saying 'cheers' to a new chapter, with residents voting to end a more-than-century-old ban on selling alcohol.
A South Jersey town is saying 'cheers' to a new chapter, with residents voting to end a more-than-century-old ban on selling alcohol.
Students relying on food pantry at Camden County College that needs more donations
Camden County College is tackling food insecurity for students with its 'Marketplace' pantry that provides food and resources. The Marketplace operates on donations and has been experiencing low numbers of them.
Camden County College is tackling food insecurity for students with its 'Marketplace' pantry that provides food and resources. The Marketplace operates on donations and has been experiencing low numbers of them.
Mortgage rates continue to climb despite cuts by the Fed: Here’s why
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
Many Americans have been priced out of purchasing a home or making a move for years now amid elevated mortgage rates, sky-high home prices, and squeezed budgets due to inflation.
A closer look at how Trump's economic plan could impact inflation
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Former President Donald Trump has vowed to eliminate inflation if he returns to office, but economists warn that his proposed policies, including high tariffs, mass deportations, and interference with the Federal Reserve, could worsen the issue.
Holiday spending projected to hit new record this year
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Notable differences this year include the shopping period between Thanksgiving and Christmas being nearly a week shorter, and the economic impact of Hurricanes Helene and Milton.
Trump proposes 15% corporate tax to 'save' US auto industry; threatens 1,000% tariffs on imports
Trump said Detroit's auto industry was decimated 'as if by a foreign army.'
Trump said Detroit's auto industry was decimated 'as if by a foreign army.'
Inflation reaches lowest point in 3 years; here's what prices came down most
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
The improved inflation stats show that it’s steadily moving back to the Federal Reserve’s 2% target, with the agency likely to keep cutting its standard interest rate in 2024.
Port strike panic buying? Costco toilet paper frenzy making the rounds on social media
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.
Videos posted online claim that toilet paper is sold out at Costco stores from Arizona and Colorado to New Jersey.
How dockworkers strikes will impact businesses, consumers: 'It's going to affect the supply chain'
Now that thousands of port workers have gone on strike, FOX 29's Greg Payne has the scoop on how the strike could hurt businesses and consumers amid supply chain disruptions.
Now that thousands of port workers have gone on strike, FOX 29's Greg Payne has the scoop on how the strike could hurt businesses and consumers amid supply chain disruptions.
Strike at ports update: 45,000 stop work along East Coast, Gulf docks
A union contract involving 45,000 dockworkers lapsed on Monday, kicking off a strike that could shut down ports across the East and Gulf coasts. Here's how it could impact you.
A union contract involving 45,000 dockworkers lapsed on Monday, kicking off a strike that could shut down ports across the East and Gulf coasts. Here's how it could impact you.
Port strikes: Philadelphia dockworkers join thousands in standoffs along East, Gulf coasts
A strike that could bring higher prices and shortages of goods has begun at ports up and down the East Coast, and along the Gulf Coast.
A strike that could bring higher prices and shortages of goods has begun at ports up and down the East Coast, and along the Gulf Coast.
Port strike looming: What to know and expect
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
Retailers are bracing for potential pain should thousands of dock workers along the East Coast begin striking this week. Here’s what to know and what to expect.
Would Harris or Trump do a better job on the economy? Voters spilt in new poll
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
About 4 in 10 registered voters say Trump would do a better job handling the economy, while a similar number say that about Harris, according to a new AP-NORC poll.
Will the Fed's rate cut bring down mortgage rates?
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
While the federal funds rate is not what consumers pay directly, it affects borrowing costs for home equity lines of credit, auto loans and credit cards. Mortgage rates are linked to moves in the 10-year Treasury yield.
Poll shows Americans take dim view of grocery industry amid recalls, inflation
A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.
A recent Gallup poll reveals a shift in Americans' opinions of the grocery industry, with more negative than positive views for the first time. Concerns over inflation and food safety have contributed to declining confidence in a once highly-rated sector.
Where is inflation the highest? Chicago, New York rank near top
New data released by the Labor Department revealed which cities have the highest inflation rates.
New data released by the Labor Department revealed which cities have the highest inflation rates.
Inflation continues to cool, latest numbers show
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
The prices of gas, groceries and cars are either falling or rising at slower rates than before the pandemic. That’s after peaking at a 40-year high in mid-2022.
US inflation hits 3-year low as Federal Reserve set to cut interest rates
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.
With the cost of goods and services experiencing a slight decline in August, the Federal Reserve may consider cutting its key interest rate soon.