Slowing US inflation eases pressure on households

Squeezed by painfully high prices for two years, America’s households have gained some much-needed relief with inflation reaching its lowest point since early 2021, thanks in part to easing prices for gasoline, airline fares, used cars and groceries.... Read More

US hiring cools but employers still add 209K jobs

The latest sign of economic strength — a gain of 209,000 jobs last month — makes it all but certain that the Fed will resume its interest rate hikes later this month after having ended a streak of 10 rate increases that were intended to curb high inflation.... Read More

Sentencing for former Indiana congressman postponed

Federal prosecutors say a former Indiana congressman should pay nearly $1.4 million to cover the legal bills of companies forced to incur expenses when he was prosecuted on insider trading charges. But his lawyer said it’s an exorbitant amount to demand.... Read More