US inflation accelerated to 3.7% in September, exceeding economists’ expectations. Soaring energy prices drove consumer costs higher, according to new government data released Wednesday. The annual inflation rate rose from …
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Social Security Announces 3.6% Cost-of-Living Increase for 2027, Highest in Four Years
The Social Security Administration (SSA) has announced a 3.6% cost-of-living adjustment (COLA) for 2027. The increase will provide millions of Americans with higher monthly benefits starting in January. The adjustment, …
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The US economy grew at a stronger pace than expected in the second quarter, with gross domestic product increasing at a 2.2% annualized rate. The latest reading was well above …
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President Donald Trump announced that nearly 70 million investment accounts have been created for American children under the Trump Accounts program. The president celebrated the milestone during an Oval Office …
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The number of Americans filing new claims for unemployment benefits fell to 197,000 last week, according to Labor Department data released Thursday. The figure marked the fourth consecutive week that …
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The United States and China have agreed to extend their trade truce through Jan. 10, Treasury Secretary Scott Bessent said Wednesday. The agreement had been scheduled to expire on Nov. …
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Gold prices rose Thursday after softer-than-expected US inflation data lowered expectations for another Federal Reserve rate hike in October. Higher Treasury yields and a stronger dollar limited further gains. Spot …
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The yield on the 10-year U.S. Treasury surged to its highest level in more than 19 years Wednesday. Strong economic data increased expectations that the Federal Reserve could raise interest …
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Sales of previously occupied homes fell to their lowest level in more than a year in August as rising mortgage rates and record prices for the month discouraged prospective buyers. …
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President Donald Trump announced a major oil agreement with Venezuela that he said gives the United States majority control over more than 65 billion barrels of the country’s oil reserves. …