Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy ...

According to mainstream economists, inflation aids economic growth while deflation impairs growth. Austrian economists, ...

Mainstream economics, especially the kind you’ll find in central banks, likes its models tidy. They assume the economy tends to balance itself out, like a seesaw which settles itself. Inflation, in ...

Friday's key report on inflation could be even more significant in the wake of data showing the economy is more resilient ...

While the tariffs haven’t quite pulled in “ trillions of dollars ” in government revenue as the President claims, inflation hasn’t skyrocketed either. Consumer prices in July were 2.7% higher than the ...

Forecasters expect inflation to continue rising in the fourth quarter as President Donald Trump's tariffs continue to push up prices for everyday goods and services.

Democrats are eager to hammer Trump on the economy, where his polling is at its lowest point. But Republicans are confident ...

The main driver of inflation is consumer spending, experts told ABC News. Inflation in the U.S. rose 8.5% in March, compared with the prior 12 months, marking the highest increase since 1981, ...

America’s economic resurgence under President Trump continues: revised data show even stronger real GDP growth of 3.8 percent in Q2 2025 thanks to the ...

A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...

President Javier Milei slashed inflation and spending, but it wasn’t enough to stave off an economic crisis. President Trump ...