Pressures on the supply or demand side of the economy can also be inflationary. Supply shocks that disrupt production, such as natural disasters, or raise production costs, such as high oil prices, ...

When policymakers seek to influence the economy, they have two main tools at their disposal— monetary policy and fiscal policy. Central banks indirectly target activity by influencing the money supply ...

The Inflation Reduction Act is designed to adhere to Biden's campaign promise not to raise taxes on families or small businesses that make less than $400,000 a year, though GOP critics say it will ...

While 3.5% inflation is still well above the 2% target, the central bank’s inflation outlook looks a bit more promising now than it did at the start of the year, when the MPC expected prices to ...

The cuts to more than 100 programs had been temporarily blocked by a federal judge, who found that they were already affecting training programs aimed at addressing a nationwide teacher shortage. T… ...

The party’s signature tax plan would kill most Biden-era incentives, but there’s a sticking point: G.O.P. districts have the most to lose.

President Trump promised to do a lot right from the start if elected, and he certainly did that. During his first week in office, Trump signed dozens of executive orders affecting everything from ...

It includes federal pandemic relief funds that have largely expired and money that districts cannot spend. Adjusted for inflation, per-student funding overall has actually declined in recent years.

Mortgage interest rates are closely tied to the 10-year Treasury. Bond market investors drive yields (rates) higher or lower based on their expectations for inflation, unemployment, Fed policy ...

The broadcast journalist Gayle King and the singer Katy Perry made a brief trip into space on Monday on a flight operated by Jeff Bezos’ private company, Blue Origin. It was the first time an ...