Three Mile Island is expected to re-open to help power Microsoft's AI ambitions. Americans are falling behind on their bills. The Federal Reserve lowered its benchmark rate for the first time in four years. Catch up on the latest Economics in the News More

Inflation fell to 2.5%, the lowest since February 2021, and the Fed surprised markets with a 0.5% rate cut, signaling concern over the labor market. More

Many analysts and economists believe Donald Trump's campaign promises are unrealistic. Unemployment numbers are still low, but the job market is difficult for recent grads. Weight-loss drugs are changing Americans' spending habits. Catch up on the latest Economics in the News. More

Improvements in hiring, unemployment, and wages are unlikely to deter policymakers at the Fed from reducing its benchmark rate in September. Read HRE's summary and analysis. More