2+ week, 51+ min ago  (729+ words) Economists usually factor in consumer price inflation when comparing prices over a long period. Milk prices have roughly doubled since January 1980, but consumer prices overall have risen far faster than milk, roughly quadrupling. This means that in inflation-adjusted terms, milk…...

1+ mon, 2+ week ago  (275+ words) President Donald Trump inflated his administration's success in reducing inflation at his Feb. 24 State of the Union address, falsely claiming he inherited "record levels" from President Joe Biden. "Inflation is plummeting," Trump said early in his speech. It has eased…...

2+ mon, 5+ day ago  (973+ words) Factory construction remains at a high level compared with recent history, but most of the increase came under President Joe Biden, and there are signs that that boom has faded under President Donald Trump. Analysts said some Trump policies have…...

2+ mon, 3+ week ago  (801+ words) President Donald Trump recently said he has "defeated" inflation, while House Democratic Leader Hakeem Jeffries said it's "skyrocketing out of control." They both can't be right. So which is it?" As Trump finishes the first year of his second term…...

4+ mon, 2+ week ago  (974+ words) A Republican North Carolina congressman says his party is responsible for sending turkey prices lower than they've been in 25 years." "This Thanksgiving, turkey prices are at their lowest point since 2000, thanks to Republican policies," said U. S. Rep. Richard Hudson, R-NC, in…...

5+ mon, 2+ week ago  (1183+ words) The most basic measure of year-over-year inflation has risen on President Donald Trump's watch." After stripping out historically volatile food and energy prices, the inflation rate under Trump has declined modestly. President Donald Trump says he's improved Americans' lives when…...

7+ mon, 1+ week ago  (794+ words) The White House cited a quarterly set of federal government wage statistics. This shows that median wages rose by a cumulative $546 during the first two quarters of 2025. A different set of statistics " which economists consider more accurate because they come…...

8+ mon, 3+ week ago  (1431+ words) The U. S. ice cream trade surplus largely diminished in 2021 under former President Joe Biden and turned to a deficit in 2022." The change was driven mostly by a jump in imports, primarily from Italy. Exports have remained largely unchanged since 2020. In general,…...

8+ mon, 3+ week ago  (994+ words) Two projections show that the Trump administration tariff revenues would not cover the next 10 years of projected deficits. One of the Trump administration's biggest tariff boosters, Commerce Secretary Howard Lutnick, recently said tariffs not only will energize the U. S. industrial sector…...