inflation – One America News Network

STAMFORD, CT - NOVEMBER 24: Central American immigrants and their families pray before Thanksgiving dinner on November 24, 2016 in Stamford, Connecticut. Family and friends, some of them U.S. citizens, others on work visas and some undocumented immigrants came together in an apartment to celebrate the American holiday with turkey and Latin American dishes. They expressed concern with the results of the U.S. Presidential election of president-elect Donald Trump, some saying their U.S.-born children fear the possibilty their parents will be deported after Trump's inauguration. (Photo by John Moore/Getty Images)

WH: Americans are paying less this Thanksgiving

Under President Donald Trump’s leadership, the average cost of a Thanksgiving meal has decreased compared to last year during former President Joe Biden’s administration.

Several VISA and MASTER credit cards are shown in Buffalo Grove, Ill., Feb. 8, 2024. (AP Photo/Nam Y. Huh, File)

What a Federal Reserve rate cut means for your finances

The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September.

WASHINGTON, DC - OCTOBER 29: Federal Reserve Chair Jerome Powell speaks during a news conference following a meeting of the Federal Open Market Committee at the Federal Reserve on October 29, 2025 in Washington, DC. For the second straight month, Powell announced a quarter-point cut to the federal funds rate, bringing rates down to a new range of 3.75 percent to 4 percent. (Photo by Alex Wong/Getty Images)

Fed cuts interest rates to lowest level in 3 years

The Federal Reserve cut its benchmark interest rate to its lowest level in three years, lowering the federal funds rate target range by 0.25 percentage point to 3.75%–4.00%.

(Background) BUENOS AIRES, ARGENTINA - SEPTEMBER 28: Argentine President Javier Milei speaks to supporters during an event to launch 'La Libertad Avanza' as a national political party on September 28, 2024 in Buenos Aires, Argentina. (Tomas Cuesta/Getty Images) / (R) Photo screenshot taken of Donald Trump Truth Social post.

Trump congratulates Milei on sweeping midterm victory, bolstering U.S.-Argentinian relations: ‘Congratulations Javier!’

Argentina’s libertarian President Javier Milei won key victories in the midterm elections on Sunday, providing him with the political capital needed to continue carrying out his free-market agenda alongside the backing of President Donald Trump.

A Starbucks coffee cup is seen inside a Starbucks Coffee shop in Washington, DC, April 17, 2018, following the company's announcement that they will close more than 8,000 US stores on May 29 to conduct "racial-bias education" following the arrest of two black men in one of its cafes. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Starbucks slashing 900 jobs, closing hundreds of stores in $1B restructuring move

Starbucks has announced plans to shutter its more “unprofitable” locations and slash 900 non-retail positions in order to reconsolidate the company — as part of a $1 billion restructuring plan.

WASHINGTON, DC - JULY 24: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell look at a piece of paper alongside Sen. Tim Scott (R-SC) as they tour the Federal Reserve’s $2.5 billion headquarters renovation project on July 24, 2025 in Washington, DC. The Trump administration has been critical of the cost of the renovation and Federal Reserve Chairman Jerome Powell. (Photo by Chip Somodevilla/Getty Images)

Trump threatens ‘major lawsuit’ against Powell over ballooning Fed building renovation costs

President Donald Trump threatened to file a “major lawsuit” against Federal Reserve Chair Jerome Powell, alleging “grossly incompetent” management of the Federal Reserve’s building construction projects.