inflation – Page 9 – One America News Network

Holiday gifts on sale are displayed at a Target store in Manhattan, New York, U.S., December 15, 2024. REUTERS/Jessica DiNapoli

Seeing low-income consumers squeezed, retailers target $10 and under gifts

Retailers including Target and Walmart are stocking shelves with more toys and gifts that cost less than $10 this holiday season, a strategy aimed at attracting cash-strapped shoppers.

A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Fed Cuts Rates To 4.25%-4.5% Amid Inflation Fight, Housing Costs Remain High

The Fed cut interest rates by 25 basis points to 4.25%-4.5% and continues reducing its debt holdings.

NEW YORK, NEW YORK - DECEMBER 12: President-elect Donald Trump rings the opening bell on the trading floor of the New York Stock Exchange (NYSE) on December 12, 2024 in New York City. Trump was invited to the Exchange after being named TIME’s “Person of the Year” for the second time. (Photo by Spencer Platt/Getty Images)

Trump Rings Opening Bell At NYSE With Melania And Daughters, Framed By Time ‘Person Of The Year’ Cover

President-elect Donald Trump rang the opening bell at the New York Stock Exchange Thursday vowing to make the American economy great again and showed praise for his wife, Melania, as a “great” and “popular” first lady.

Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly rise

More people continued to collect unemployment checks at the end of November relative to the beginning of the year as demand for labor cools.

A teller counts US dollar bills at an exchange office in Ankara on July 20, 2023. Turkey's central bank hiked its main interest rate for the second month in a row, but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy was too timid to tame inflation. After years of cuts that aimed to boost growth but fuelled inflation and caused the lira to tumble, the bank doubled its rate last month from 8.5 percent to 15 percent. The latest hike was smaller, at 2.5 percentage points, taking the rate to 17.5 percent. (Photo by Adem ALTAN / AFP) (Photo by ADEM ALTAN/AFP via Getty Images)

Inflation Climbs To 2.7% Amid Rising Food And Gas Prices

Inflation rose for the second consecutive month in November, with the Consumer Price Index (CPI) showing a 2.7% annual increase—still above the Federal Reserve’s 2% target.

In this photo illustration, a person files an application for unemployment benefits on April 16, 2020, in Arlington, Virginia. - The government reported Thursday that another 5.2 million US workers filed for unemployment benefits, taking the four-week total to 22 million, a staggering figure in a downturn that economists say presents the country with its most severe outlook since the Great Depression of the 1930s. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)

Job Gains Mask Economic Worries As Unemployment And Inflation Loom

David Stryzewski, CEO of Sound Planning Group, joins Alicia Summers to discuss job data contradictions, Trump’s deregulation plans, economic effects of cutting waste, and the Fed’s potential rate cut.