TOPEKA — Bills containing the new state government budget and a three-year, $1.5 billion tax reduction plan crafted by the Republican-led Kansas Legislature await action this week by Democratic Gov. Laura Kelly ahead of lawmakers’…
WASHINGTON (AP) — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report that will likely give pause to the Federal Reserve…
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Friday reiterated a message he has sounded in recent weeks: While the Fed expects to cut interest rates this year, it won’t be ready to do…
LOS ANGELES (AP) — The average long-term U.S. mortgage rate climbed back to nearly 7% this week, pushing up borrowing costs for home shoppers with the spring homebuying season underway. The average rate on a…
LONDON (AP) — Leading British economic think tanks warned Thursday that whoever wins the general election expected this year will face some very tough choices on tax and spending if they want to make sure…
WASHINGTON — Top White House economic officials said Tuesday that President Joe Biden will announce how his administration is tackling economic issues — from the housing crisis to restoring the expansion of the child tax…
WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling…
In April 2023, Betty Glover, a 91-year-old grocery store clerk in Oregon, was finally able to retire after a GoFundMe campaign raised $82,000 for her. After seven decades in the workforce, Glover couldn’t save enough…
LIBERAL — Women dressed in aprons, skirts and headscarves line up in the middle of main street. They’re dressed in a traditional English kitchen outfit, but instead of cooking, they are about to race. As…
DETROIT (AP) — Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated…