News
US households, businesses stung by higher energy prices that have pushed inflation above 4%
3+ hour, 3+ min ago (687+ words) Gas Pump (Bolucevschi - stock. adobe. com) Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. Consumer…...
The US job market is strong but many Americans are still frustrated by prospects and rising prices
5+ day, 1+ hour ago (937+ words) WASHINGTON " The American job market continues to show surprising strength " good news for President Donald Trump who has taken a beating in the polls over the surging gasoline prices that followed U. S. and Israeli attacks on Iran. Employers added 172, 000 jobs in…...
Key inflation gauge worsens as Americans' income and spending power erodes
1+ week, 6+ day ago (382+ words) WASHINGTON " 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…...
Are home prices going up in Williamsport in 2026?
2+ week, 22+ hour ago (165+ words) Home prices have been a major talking point since the pandemic, when they climbed at a record pace in response to a frenzy of demand. This increase led to a sharp decline in affordability that weighed on buyers and sellers…...
Are home prices going up in York in 2026?
2+ week, 22+ hour ago (187+ words) Redfin Real Estate compiled data on how home prices are changing in 2026 in Springfield, OH. (Trong Nguyen // Shutterstock/Trong Nguyen // Shutterstock) Now, the housing market is in the early stages of a long, gradual reset. Redfin economists predict that affordability…...
Warsh is sworn in as the new Fed chair during a White House ceremony
2+ week, 4+ day ago (745+ words) WASHINGTON " President Donald Trump on Friday oversaw the White House swearing-in of the new Federal Reserve chair and said he would like Kevin Warsh's help in stimulating the economy even as he tried to emphasize that the nation's central bank…...
Energy shock from Iran war to weigh on Europe's growth, boost inflation
2+ week, 6+ day ago (277+ words) FRANKFURT, Germany " The European Union's executive commission cut its growth outlook and predicted higher inflation due to sharply higher energy prices from the war in Iran " but said the economy will avoid an outright recession. "As a net energy importer,…...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
3+ week, 5+ day ago (1343+ words) WASHINGTON " When Jerome Powell was sworn in as chair of the Federal Reserve eight years ago, economists worried that inflation and interest rates were too low and that too few Americans had jobs. Now, as Powell steps down from the…...
How many homes are getting built in Lancaster in 2026?
1+ mon, 1+ week ago (305+ words) WPXI How many homes are getting built in Lancaster in 2026? Supply has slowly increased over the past few years but is still below what is needed for the market to balance out. Until that gap closes, prices are likely to…...
How many homes are getting built in Pittsburgh in 2026?
1+ mon, 1+ week ago (305+ words) WPXI How many homes are getting built in Pittsburgh in 2026? Supply has slowly increased over the past few years but is still below what is needed for the market to balance out. Until that gap closes, prices are likely to…...