News

Americans reined in their spending last month
Consumer spending declined for the first time since January, according to new data released Friday that also showed inflation ...
US Consumer Spending Drops in May, Price Pressures Remain Muted
US consumer spending declined in May by the most since the start of the year, indicating elevated uncertainty around the ...
How demographics, major spending cuts threaten Trump’s hope of manufacturing revival
In his second term, President Donald Trump has set about upending the global economy through trade wars against China and ...
The child tax credit could be worth over $2,000 under Republicans' spending plan — but millions of families wouldn't benefit
Congress is trying to increase the maximum credit amount through its budget reconciliation process, but the chambers differ ...
The Fed’s Preferred Inflation Gauge Was Slightly Hotter in May, as Spending Cooled
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Fights over transit, skill games, and overall spending mean Pa. budget will again be late
Impasses don’t mean much unless they stretch for more than a few weeks. Then, they start having serious consequences for ...
Key read on inflation rose last month and Americans cut back on spending
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut ...
A county fair, a bridge, a port: See who got millions in 11th hour spending bills
Winners include affordable housing programs, construction projects at Portland State University and wildfire fighting efforts ...