Global inflation rates are expected to slow to normal levels in 2024 for the first time since the COVID-19 pandemic. More Americans are becoming long-term renters. Recent attacks on cargo ships on the Red Sea are likely to cause higher prices for consumers. Catch up on the latest Economics in the News. More

Good news for the Holidays! Inflation is down. Recent improvements in inflation boosted inflation-adjusted income, which has fueled a rise in consumer spending. More

Inflation was moderate in November. Are Americans fairing better financially than last November? Read our summary and analysis of this report. More

Japanese baseball star Shohei Ohtani signs the largest contract in North American sports history, a $700 million pact with the Dodgers. The United States is experiencing a manufacturing boom. How has Mariah Carey's holiday hit "All I Want for Christmas is You" become a staple of the holiday season? Catch up on the latest Economics in the News. More