Starbucks baristas in Los Angeles, Chicago and Seattle kicked off a five-day strike on Friday, while a strike involving delivery workers for Amazon entered its second day.

An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains

The reality is that a U.S. government default would be unprecedented, and many experts have said it would likely lead to economic chaos.

The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate

The number of Americans applying for unemployment benefits fell markedly last week following a big increase the week before

The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation

The Federal Reserve cut interest rates by a quarter of a percentage point, delivering relief for borrowers at the central bank's last meeting before President-elect Donald Trump takes office.

The rate decision follows two consecutive months of rising inflation.

ABC News’ Alexis Christoforous reports on the impending move that would mark the final interest rate decision before the inauguration of President-elect Donald Trump.

Consumers stepped up their spending at retail stores last month, providing a boost to the economy in the early phases of the winter holiday shopping season

Stubborn inflation in recent months has reversed progress earlier this year.

Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting

Most economists are expecting a quarter-point cut, impacting mortgages, credit cards, car loans and more.

President-elect Donald Trump campaigned relentlessly on grocery prices in the 2024 race. Now, he says lowering costs will be "very hard."

Inflation has fallen dramatically from its peak but ticked up this fall.

Banking customers could save up to $5 billion per year on overdraft fees under a new rule finalized Thursday by the Consumer Financial Protection Bureau.

Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago

ABC News’ Alexis Christoforous discusses the latest data which could potentially giving pause to the Federal Reserve as it weighs an interest rate cut expected next week.

The report, expected this morning, will give experts the best snapshot of what things are costing going into the holidays.

Inflation has fallen dramatically but remains above the Fed's target rate.

Lauren Iannotti, editor-in-chief of Real Simple, has financial housekeeping tips.

Oil prices climbed 2% on Monday in the wake of the defeat of the Assad regime.

The fresh data marks the first jobs report since the election of Trump.

Democratic Rep. Suzan DelBene of Washington State discusses the incoming Trump transition and tariff plan as well as planned regulation slashing by Elon Musk and Vivek Ramaswamy's DOGE.

The measure helped worsen the Great Depression, experts said.

Columbia Business School economics professor Brett House joins ABC News to discuss the potential impacts of the president-elect's proposed tariffs on consumers and industries reliant on global trade.

Consumer spending is off to a strong start, as online shoppers have already spent more than $77 billion dollars since Nov. 1, which is a more than 9% increase over last year’s figures.

ABC News’ Jay O’Brien reports on President Joe Biden’s comments on his successor’s plan to impose 25% tariffs on Mexico and Canada, saying he hopes he “rethinks” it and that it’s “counterproductive.”

Trump's plan for tariffs against Canada and Mexico could dramatically raise prices for Americans and threaten a trade agreement negotiated by his own administration.

The company added that the person behind the conduct is no longer an employee and that the investigation didn't identify involvement by any other worker.

Deputy Under Secretary of Commerce for Minority Business Development Eric Morrissette discusses what a new Trump administration could mean for key government programs.

ABC News’ Alexis Christoforous traveled to Boston, where vacant office buildings are being turned into apartments with many employees still working from home, while small businesses struggle.

Ages 60 to 63 will get a new, supersize limit for their 401(k) contributions and can save up to $34,750 for retirement.

From tariffs to tax cuts, ABC News’ Max Zahn explains what the president-elect’s proposed policies mean for the economy.

“This will directly impact people’s pocketbooks,” one expert said.

ABC News’ Alex Presha is traveling with Biden for his final lap as president on the world stage.

Credit card interest rates stand near a record high.

Credit card debt has climbed 8% higher than where it stood a year ago, even while interest rates are dropping.

"GMA" looks at a key inflation report: the October Consumer Price Index, showing consumer prices rose 2.6% from one year ago.

Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.

ABC News’ Alexis Christoforous breaks down the latest figures for core inflation, as well as food and consumer prices for October.

Jerome Powell, chairman of the Federal Reserve, said he has no near-term plans to change policy despite Trump reentering office in January.

ABC News business reporter Alexis Christoforous breaks down the latest on the Federal Reserve’s cut to interest rates by a quarter-point. 

The standoff carries high stakes for the U.S. economy, experts said.

Inflation has helped fuel a global backlash toward incumbents, experts say.

The Federal Reserve on Thursday announced a quarter-point rate cut, setting the path for borrowing costs two days after the victory of President-Elect Donald Trump.

The Fed cut interest rates by a quarter of a percentage point.

The Federal Open Market Committee (FOMC), a policymaking body at the Fed, has forecast further interest rate cuts.

President-elect Donald Trump’s proposed policies on tariffs and deportation could mean Americans will face worsening inflation.

The economy was one of the key issues that drove people to the polls.