Claims tagged with "Economics"

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The Consumer Price Index shows prices rising by 0.4 percent over the past month, and by 3.4 percent over the last 12 months. 1.000

👤 The author 📋 News Article 🏷️ Economics , Statistics

Simplified: The Consumer Price Index rose 0.4% in the past month and 3.4% over the last 12 months as of September 2026.

2 sources

4 weeks ago
A new National Bureau of Economic Research paper shows why the concern remains so personal. The authors looked at payroll records for about 16 million American workers between 2021 and 2024. 1.000

👤 The author 📋 News Article 🏷️ Economics , Research

Simplified: A National Bureau of Economic Research paper analyzed payroll records for approximately 16 million American workers between 2021 and 2024.

1 sources

4 weeks ago
...overall prices continue to rise much faster than they should, and well above the Fed's 2 percent annual target. 1.000

👤 The author 📋 News Article 🏷️ Economics , Government

Simplified: The Federal Reserve has a 2 percent annual inflation target.

1 sources

4 weeks ago
It also directs the president to impose tariffs "of up to 100 percent" on all goods from any countries that, in the previous year, were "among the 5 largest importers, by total volume, of crude oil or... 1.000

👤 Joe Lancaster 📋 News Article 🏷️ Economics , Trade , Russia , Legislation

Simplified: A provision in the Lindsey O. Graham Sanctioning Russia and Iran Act directs the president to impose tariffs up to 100% on the top 5 importers of Russ...

1 sources

4 weeks ago
Through the end of August, China, India, and Turkey were the largest recipients of Russian crude oil, while the European Union received the most pipeline gas and liquefied natural gas. 1.000

👤 Joe Lancaster 📋 News Article 🏷️ Economics , Trade , Russia , Energy

Simplified: Through the end of August 2026, China, India, and Turkey were the largest importers of Russian crude oil, and the EU was the largest importer of Russi...

1 sources

4 weeks ago
The U.S. will ban imports of certain Canadian goods outright beginning Sept. 29. 1.000

👤 The author 📋 News Article 🏷️ Politics , International Relations , Economics

Simplified: Fact: The U.S. is set to ban imports of certain Canadian goods starting September 29.

1 sources

4 weeks ago
Trade talks between the U.S. and Canada collapsed last month. Trump imposed 50 percent tariffs on about $20 billion worth of Canadian imports. Prime Minister Mark Carney enacted retaliatory tariffs. 1.000

👤 The author 📋 News Article 🏷️ Politics , International Relations , Economics

Simplified: Fact: After U.S.-Canada trade talks collapsed, President Trump imposed 50% tariffs on ~$20 billion in Canadian imports, and Prime Minister Mark Carney...

2 sources

4 weeks ago
“Gas prices are too high right now, diesel prices are too high,” Speaker Mike Johnson acknowledged on Tuesday at the Capitol. “There is a very simple reason for it. It is tied to the Strait of Hormuz.... 1.000

👤 Mike Johnson 📋 News Article 🏷️ Politics , Economics , Energy

Simplified: Speaker Mike Johnson stated that high gas and diesel prices are tied to the Strait of Hormuz.

1 sources

4 weeks ago
The Federal Reserve raised interest rates on Wednesday, which will drive up the cost of borrowing at a time many voters are already paying high rates for mortgages, auto loans and credit card debts. 1.000

👤 The author 📋 News Article 🏷️ Economics , Government

Simplified: The Federal Reserve raised interest rates on the Wednesday prior to September 17, 2026.

2 sources

4 weeks ago
Mr. Trump has said not to expect gas price relief before the midterms, with the nation’s strategic petroleum reserves at a 44-year low. 1.000

👤 The author 📋 News Article 🏷️ Economics , Energy

Simplified: The U.S. strategic petroleum reserves are at a 44-year low.

2 sources

4 weeks ago
But 65 percent believe new government programs should be funded by shifting money from other programs, not new taxes — the conservative view. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics , Public Opinion

Simplified: 65% of Americans believe new government programs should be funded by shifting money from other programs instead of new taxes.

1 sources

4 weeks ago
About 73 percent of Americans support higher taxes on the rich to fund public programs — the liberal position. 1.000

👤 The author 📋 News Article 🏷️ Politics , Economics , Public Opinion

Simplified: Approximately 73% of Americans support higher taxes on the rich to fund public programs.

1 sources

4 weeks ago
The biggest threat to the Fed’s independence is a sustained attempt to remake that committee which would likely take more than one presidential term to accomplish. 0.850

👤 Jason Furman 📋 Opinion Article 🏷️ Politics , Economics

Simplified: Biggest threat to Fed independence is attempt to remake committee

1 sources

5 months ago
The Fed should have cut by half a point today, because it is essentially acknowledging it should have cut last time. 0.700

👤 Oren Cass 📋 Opinion Article 🏷️ Economics , Finance

Simplified: The Fed should have cut by half a point today

1 sources

5 months ago
Core inflation, excluding items like food and energy, has been running at a 3 percent rate. 0.950

👤 Jason Furman 📋 Opinion Article 🏷️ Economics , Statistics

Simplified: Core inflation is running at 3 percent

1 sources

5 months ago
The unemployment rate is 4.3 percent. 0.950

👤 Jason Furman 📋 Opinion Article 🏷️ Economics , Statistics

Simplified: Unemployment rate is 4.3 percent

1 sources

5 months ago
Young people just out of college, lower-income earners and retirees on fixed incomes are increasingly struggling, given high and still-rising prices, a stagnant job market and a lack of housing supply... 0.900

👤 Rebecca Patterson 📋 Opinion Article 🏷️ Economics , Finance

Simplified: Young people and lower-income earners are struggling due to high prices and stagnant job market

1 sources

5 months ago
The Federal Reserve met this week and the least interesting thing it did was cut interest rates. 0.900

👤 Matthew Rose 📋 Opinion Article 🏷️ Economics , Finance

Simplified: The Federal Reserve cut interest rates this week

1 sources

5 months ago
High-income earners with homes and equities have rising levels of wealth and continue to spend. 0.850

👤 Rebecca Patterson 📋 Opinion Article 🏷️ Economics , Finance

Simplified: High-income earners have rising wealth and continue to spend

1 sources

5 months ago
It’s the first since the president tried to fire a Fed governor, Lisa Cook. 0.800

👤 Matthew Rose 📋 Opinion Article 🏷️ Politics , Economics

Simplified: President tried to fire Fed governor Lisa Cook

1 sources

5 months ago