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Expensive food, rents lift consumer prices in December
U.S. consumer prices increased in December, cementing expectations the Federal Reserve would leave interest rates unchanged.
With Trump’s tariffs on the line, Supreme Court plans rulings for Friday
The Supreme Court is expected to issue rulings on Friday, including on the legality of President Donald Trump's sweeping global tariffs.
Budget deficit, energy and tax issues loom over MD economy
Maryland’s economy shows strong assets but faces high taxes, a $1.5B deficit, workforce gaps and federal uncertainty.
Economy to ride tax cut tailwind but faces risks
Economists see stronger economic growth in 2026 amid Trump tax cuts, easing tariff uncertainty, AI investment and Fed rate cuts.
Economy grew faster than expected in third quarter
The U.S. economy grew faster than expected in the third quarter, driven by robust consumer spending, but momentum appears to have faded.
Annual consumer inflation moderates in November amid missing data
U.S. consumer prices increased less than expected in the year to November, but Americans continued to face affordability challenges.
US job growth beats expectations in November; unemployment rate at 4.6%
U.S. nonfarm payrolls rose 64,000 in November as unemployment held at 4.6%, despite trade tensions and weak labor market sentiment.
Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
The Fed faces a contentious meeting that will test Chair Jerome Powell's ability to corral support for a third straight interest rate cut.
Retailers pull out the stops to neutralize inflation, tariff drag
Retailers turn to bargains, wealthy shoppers and celebrity campaigns to offset inflation and tariffs as trends show mixed consumer confidence.
Foreign sellers struggle to maintain US customers this holiday shopping season
Small businesses abroad face soaring costs, triggering new tariffs, higher shipping fees and declining American sales.
Small retailers face holiday supply chaos due to Trump tariffs
Small U.S. retailers face supply delays and higher costs as shifting tariffs squeeze inventories ahead of the holiday season.
Record Black Friday crowds to find fewer bargains amid high prices
NRF projects 186.9M Americans will shop this Black Friday, but rising prices and fewer deals may slow holiday sales growth.
