News
A bill to make Florida electricity more affordable is being endorsed by clean energy advocates
2+ hour, 15+ min ago (511+ words) Your electric bill could stop increasing if the Affordable Energy Reform Act " endorsed by clean energy advocates " makes it through the Florida Legislature this session. State Sen. Carlos Guillermo Smith, D-Orlando, wants to change the way electricity rate hikes are…...
Regional head of Federal Reserve Bank still worries inflation is 'too high"
6+ day, 23+ hour ago (591+ words) Raphael Bostic is a bird-watcher. When he's not watching the economy in the southeast U.S. he likes to grab his binoculars and look for birds. When he's looking at the economy, he would be considered a hawk. "Inflation is too high....
The U.S. economy grew robustly as Americans continued to spend
4+ week, 2+ hour ago (195+ words) The U.S. economy grew robustly in July, August and September, powered by steady consumer spending, especially on health care. The gross domestic product " the broadest measure of the nation's economic activity " for the third quarter grew at an annual rate of…...
Chain restaurants are hit by tariffs and inflation. How do they control costs?
1+ mon, 4+ day ago (1202+ words) Affordable, familiar and reassuring are the features that make American chain restaurants a near-ubiquitous presence throughout the country; it is almost as if they are baked into our roadside culture. Despite well-documented financial struggles, a tough economy and shifting diet…...
China's trade surplus hits $1 trillion for first time ever
1+ mon, 1+ week ago (155+ words) China's exports to the United States dropped sharply this year in the face of President Trump's tariffs " but the country is still finding plenty of customers elsewhere around the world. Customs data on Monday showed the country's trade surplus for…...
Inflation ticked up 3% in September, the U.S. belatedly reports
2+ mon, 3+ week ago (388+ words) Updated October 24, 2025 at 12:51 PM EDT Consumer prices rose 3.0% in September from a year ago, slightly below forecasters' expectations, according to the U.S. Bureau of Labor Statistics (BLS). On a month-to-month basis, prices rose 0.3%, cooling slightly from the 0.4% inflation reported in August....
How is the economy doing during the government shutdown? An economist weighs in
3+ mon, 2+ week ago (343+ words) Well, what is a good assessment of the economy, given that we've lost some visibility? We could, as Scott Horsley suggested, check in with the guy at the barbershop who seems to know everything, but the barbershop is not open…...
How rising costs are changing the way Americans travel
3+ mon, 2+ week ago (779+ words) NPR's series Cost of Living: The Price We Pay is examining what's driving price increases and how people are coping after years of stubborn inflation. How are higher prices changing the way you live? Fill out this form to share…...
Facing Trump's pressure, the Fed is likely to cut rates for the first time this year
4+ mon, 3+ day ago (444+ words) The Federal Reserve is expected to cut interest rates by a quarter percentage point Wednesday in an effort to prop up the sagging U.S. job market. The move comes as Fed policymakers face mounting pressure from the White House. Investors are…...
Home mortgage demand surges as rates drop to 6.35%
4+ mon, 1+ week ago (286+ words) Mortgage rates are finally falling, and just saw their biggest weekly drop in the past year. The average interest rate for a 30-year fixed-rate mortgage in the past week was 6.35%, according to Freddie Mac, down from 6.5% a week earlier. That's…...