Inflation

U.S. employers added 517,000 jobs in January, as the unemployment rate fell to 3.4% . The job market remains tight, despite signs of a slowing economy.

Annual inflation continued to ease, cooling to 6.5% in December, but prices are still climbing at a rapid rate, meaning people have to work longer and harder to keep the same standard of living.

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

Dressing up for trick or treat will also cost you. While the Bureau of Labor Statistics doesn't track the price of costumes, the prices of clothing and homemade sewing supplies have risen too.

Environmental advocates in Ohio said the climate change measures in the federal Inflation Reduction Act are "historic" but others caution the impact it could have on other energy industries in the state.

In a statement after the Senate passed the roughly $700 billion bill, the president said "doing the important thing almost always" requires compromises.

U.S. Senator Sherrod Brown, a Democrat, said the tentative deal for the Inflation Reduction Act is just one of the milestones accomplished by Congress in the past two weeks, but U.S. Senator Rob Portman said the plan takes the country in the wrong direction.

A lot of food never makes it to a grocery store, it languishes in a warehouse. So what happens next? Sometimes it’s donated to food banks. A lot of it is thrown away. But some makes its way to an outlet grocery store, which have seen a jump in business due to inflation.

U.S. Senate candidates Tim Ryan and J.D. Vance are both critical of President Joe Biden as they sound off on how the country should bring down the rate of inflation.