President Donald Trump defended his decision to import beef from Argentina after facing backlash from beef producers and agricultural-state Republicans, arguing that they need to “get their prices down.”
Read More Trump defends plan to import Argentinian beef, argues American cattle ranchers ‘have to get their prices down’
U.S. consumer prices came in higher than expected in January as inflation showed few signs of slowing down.
Read More U.S. Inflation Surges To 3% In January, Slashing Hopes Of Interest Rate Cuts
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
Read More Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Over 72 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday.
Read More Social Security Announces 2.5% Cost-Of-Living Adjustment For Next Year
Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.
Read More US import prices post largest drop in eight months
Wall Street’s main indexes capped off a tumultuous week where global markets were rattled and fears of a recession in the world’s biggest economy.
Read More Wall St edges lower as volatile week draws to a close