The Latest Breaking News from Kathy Bostjancic

The midterms might be won or lost on a single issue: The gas tank

President Donald Trump admits high fuel prices won’t likely drop before November’s crucial elections for control of Congress

The Independent UK · Sep 14

Economy showed cracks pre-Iran attack, data shows

The economy was flashing stagflation signals even before the Iran conflict added an oil shock to the mix.

Axios · Mar 13

US Consumer Inflation Heats Up But Unlikely To Deter Rate Cut

US consumer inflation rose last month to its highest level since January, government data showed Thursday, although analysts believe that this is unlikely to deter the central bank from an interest rate cut next week.

International Business Times · Sep 11, 2025

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

The Independent UK · May 7, 2025

No Rate Cuts Expected From US Fed Facing 'Unfavorable' Conditions

The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump's tariff rollout: Prioritize tackling inflation by holding interest rates high, do nothing, or stimulate growth and employment by cutting them?

International Business Times · May 7, 2025

US Companies Hired More People In November But Unemployment Jumped

The US economy added more jobs than expected last month, government data showed Friday, bouncing back from a dramatic slowdown triggered by hurricanes and labor strikes.

International Business Times · Dec 6, 2024

US Fed's Favored Inflation Gauge Ticks Up In October

US inflation -- set to be a key issue for incoming president Donald Trump -- accelerated slightly last month, according to data published Wednesday, underscoring price pressures in the world's largest economy.

International Business Times · Nov 27, 2024

US Retail Sales Pick Up Pace In September

Retail sales in the United States accelerated in September, according to government data released Thursday, a positive sign for consumption as the election approaches.

International Business Times · Oct 17, 2024

The US Economy Is Solid: Why Are Voters Gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

International Business Times · Oct 9, 2024

US Fed Chair Expected To Signal Support For Rate Cuts

US Federal Reserve chair Jerome Powell is widely expected to use a keynote speech at a major central banking conference on Friday to signal support for cutting interest rates ahead of next month's rate decision.

International Business Times · Aug 23, 2024