White House Press Secretary Karoline Leavitt offered an even larger number during a June 19 briefing, saying the White House’s Council of Economic Advisers "found that the One Big Beautiful Bill will ...

Trump claimed credit for an increase in blue-collar wages, but much of that gain happened during the Biden administration.

U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of tariffs faded, while monthly inflation increases remained moderate.

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...

New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.

What Democrats and the Biden administration did was to make the COVID crisis their baseline for spending and keep it there.

A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans cut back ...

Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...

The PCE price index was projected to rise 0.1% in May, with the annual inflation rate at 2.3%, according to the Dow Jones ...

The Federal Reserve’s preferred inflation gauge had been expected to reinforce the growing case for interest rate cuts sooner ...

Inflation inched up more than expected last month, according to Commerce Department data released Friday morning, as Wall ...