Income and spending slowed in April, indicating that the economy is cooling, which should ease inflationary pressures. Read a summary and our analysis. More

A new era of college athletics is upon us. Red Lobster files for bankruptcy. NVIDIA once again showcased why it's the king of artificial intelligence. Catch up on the latest Economics in the News. More

High interest rates continue to take their toll on low- and moderate-income families. The US automobile industry welcomed new tariffs on inexpensive Chinese electric vehicles. The Dow Jones Industrial Average surpassed the 40,000 mark last week. Catch up on the latest Economics in the News. More

Core inflation fell to its lowest rate in three years, prompting speculation that policymakers will begin lowering the benchmark rate in September. Read our summary and analysis. More