News
Trump is facing a new inflation warning from the bond market
4+ hour, 1+ min ago (13+ words) Scripps News...
Core inflation at its highest in nearly 3 years, Fed could consider rate hikes
4+ day, 7+ hour ago (410+ words) A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Inflation jumped to 3. 8% in April compared…...
Texas Roadhouse increases menu prices, checks still up
1+ week, 2+ day ago (245+ words) Earlier this month, Texas Roadhouse announced it had quietly raised menu prices by 1. 9%, a change that did little to slow business. Chief Financial Officer Mike Lenihan said comparable sales at restaurants climbed 6. 5%. The company said that customers have responded well…...
Consumer confidence dented with gas prices around $4. 50 and inflation still elevated
6+ day, 5+ hour ago (278+ words) U. S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels. The Conference Board's consumer confidence index slipped 0. 7 points to 93. 1 in May, the first…...
Walmart to use tariff refunds to ease inflation's strain on shoppers
1+ week, 2+ day ago (14+ words) Scripps News...
Kevin Warsh to be sworn in as Fed chair, replacing Jerome Powell
1+ week, 3+ day ago (255+ words) The Federal Reserve will have a new chair Friday when Kevin Warsh is sworn in, over a week after his Senate confirmation, replacing Jerome Powell. Powell will remain on the Federal Reserve Board as a member " a rare move for…...
Why homebuyers are suddenly making smaller down payments
1+ week, 6+ day ago (219+ words) The typical down payment for homebuyers has dropped to its lowest level since 2021, according to a new report from Realtor. com. Data from Realtor. com showed the median down payment during the first quarter of 2026 fell to $23, 400, a 19% decline from…...
Exclusive: Americans to face higher prices for Memorial Day products and travel, new analysis finds
1+ week, 4+ day ago (685+ words) Staying home for Memorial Day weekend is still going to cost you this year. That's according to a new analysis shared exclusively with Scripps News that found barbecue staples like burgers, hot dogs and watermelon are up an average of…...
What will Kevin Warsh taking over at the Federal Reserve mean for consumers?
2+ week, 3+ day ago (400+ words) Kevin Warsh is now at the helm at the Federal Reserve. President Trump's pick to lead the central bank took over Friday after being confirmed by the Senate this week. And Warsh will be immediately thrust into debate about the…...
Average US long-term mortgage rate eases after two straight weekly increases
2+ week, 4+ day ago (21+ words) The average long-term U. S. mortgage rate edged lower this week, its first drop after rising the previous two weeks....