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In good news for U.S. consumers, some grocery prices are…

Posted by November 12, 2024

Grocery prices continue to eat a hole in household budgets, with many Americans citing the economy and inflation as top issues behind their votes in the Novemb

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US Election results analysis: 5 factors that led to Kamala…

Posted by November 6, 2024

Donald Trump secured a win in the 2024 US presidential election Wednesday. With a historic win in key battleground states, the Republican nominee has paved th

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How The Economy Really Fared Under Biden/Harris And Trump—From Jobs…

Posted by November 1, 2024

Topline The economy will be at the forefront of many voters’ minds on Election Day, as Vice President Kamala Harris emphasizes the Biden administration's stro

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U.S. inflation continued to cool in September, latest CPI data…

Posted by October 10, 2024

U.S. inflation last month reached its lowest point since February 2021, clearing the way for another Federal Reserve rate cut and adding to the stream of encour

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Markets are finally believing Fed chair Jerome Powell will pull…

Posted by October 7, 2024

Analysts are starting to wonder if Fed chair Jerome Powell may achieve what many believed impossible: bringing the economy down from a period of rampant inflati

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Jobs report is likely to show another month of modest…

Posted by October 3, 2024

WASHINGTON -- The U.S. labor market is still reliably cranking out jobs each month, enough to give Americans the confidence and paychecks to keep spending and s

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US job openings rise to 8 million as labor market…

Posted by October 1, 2024

WASHINGTON -- U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience.The Labor Department reported Tuesday that

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Wall Street today: US equities slip ahead of job openings…

Posted by October 1, 2024

US equities slipped on Tuesday ahead of job openings data and a report on the manufacturing sector.As of 10:10 am Eastern time, the Dow Jones Industrial Average

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Live: US Federal Reserve cuts interest rates by 50bp, ASX200…

Posted by September 18, 2024

Treasurer Jim Chalmers appeared on Channel 9's Today Show this morning with host Karl Stefanovic.He was asked for his reaction to the US rate cut and how things

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Trump and Harris’ views on inflation, according to their records…

Posted by September 18, 2024

Inflation is consistently a top issue ahead of the 2024 presidential election — in CBS News' polling in mid-August, 76% of registered voters said it was a ma

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How The Economy Really Fared Under Biden And Trump—From Jobs…

Posted by September 10, 2024

Topline The economy will be a hot-button topic in Tuesday’s presidential debate, with Vice President Kamala Harris likely to emphasize the Biden administratio

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Stock market today: Wall Street holds steady as calm returns…

Posted by September 10, 2024

NEW YORK -- U.S. stocks are holding relatively steady in quiet trading on Tuesday, offering a calm respite following weeks of sharp swings.The S&P 500 was 0

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