October, Jobs report and inflation data
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"Private-sector data like DoorDash’s can be a handy real-time snapshot when official reports are delayed," an expert told Newsweek.
X users fact-check Trump administration's economic messaging as polling shows majority of Americans, including Republicans, hold the president responsible for rising costs.
The rise in consumer prices is on track to exceed the central bank’s target until 2028. Cleveland Fed President Beth Hammack is trying to get that inflation rate down.
About 1.25 million federal workers haven’t been paid since Oct. 1. Roughly 10,000 flights have been cancelled since last week and disruptions will continue, the officials say, even as air traffic controllers return to work. Government contract awards have slowed and many food aid recipients have seen their benefits interrupted.
Cleveland Federal Reserve President Beth Hammack said on Thursday monetary policy needs to remain in a position where it can help lower inflation pressures, suggesting she leans against the U.S. central bank cutting interest rates again in the near future.
Simon Yoon voted for Trump a year ago but now regrets it. The sushi restaurant owner closed the eatery in October as costs soared.