U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods ...
Working Americans turn to food banks as inflation battle drags on
Food banks across the nation are seeing a post-pandemic wave of demand for food driven by working people caught in America’s ...
Record US goods trade deficit seen cutting into fourth-quarter GDP growth
The U.S. trade deficit in goods widened to a record high in December, likely as businesses front-loaded imports of industrial ...
Healthier food grows more expensive at twice rate of unhealthy options
A report by the Food Foundation has found that more deprived households in the UK need to spend 45% of their income to afford ...
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Price of healthy food has risen at twice rate of junk food, study finds
Healthy food has grown more expensive at twice the rate of junk food, research has found. A study by the Food Foundation said ...
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7 charts that explain why Americans are unhappy with the economy
Some statistics illustrate why Americans still feel crunched even though traditional metrics make economic conditions seem ...
India's economy set for rebound but food inflation needs monitoring, cenbank says
India's economic growth is poised to rebound as domestic demand regains strength, but "stickiness" in food inflation warrants ...
‘Present govt only added 1.5-2% to growth’: Chidambaram questions India’s 'insufficient' economic policies
Chidambaram said that growth rates tell only part of the story. India might be the fastest-growing major economy, but in ...