A measure of prices that's closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease

CEO Tim Wentworth says the company will close up to 25% of its 8,600 stores. He says closures will target stores that are not profitable or are too close to each other.

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said in a slight upgrade from its previous estimate

US economic growth for last quarter is revised up slightly to a 1.4% annual rate

American consumers lost some confidence in June as expectations over the near-term future fell again

Due to a lack of inventory, the median price of existing homes has increased to more than $419,000

Democrats in California have agreed to delay a minimum wage increase for about 426,000 health care workers to help balance the budget

ABC News’ Alexis Christoforous discusses the latest economic trends.

The number of Americans applying for unemployment benefits slipped last week

Home loan borrowing costs eased again this week as the average rate on a 30-year mortgage declined to its lowest level since early April

The new projection comes from the nonpartisan Congressional Budget Office,

The Congressional Budget Office said it projects this year’s federal budget deficit to be 27% higher compared to its original estimate released in February.

After the unemployment rate for 20 to 24-year-olds in May jumped by its biggest annual increase in 14 years, jobs are being added in the health care and hospitality industries.

An end to property taxes would help cash-strapped homeowners but some fear that may lead to an increase in sales and income tax.

Consumer prices rose 3.3% over the year ending in May, data showed.

The decision came hours after fresh data showed a slight cooldown of inflation.

The Consumer Price Index fell ahead of the Federal Reserve's decision to keep the interest rate unchanged.

Plus, Boeing faces an order setback and Starbucks announces a new value menu.

The Federal Reserve is scheduled to announce a policy decision on interest rates.

According to AAA, the national average for a gallon of gas is $3.44. Last week's average was $3.52, marking the largest one-week drop so far this year.

Recent jobs data paints a rosy picture for the economy on paper, but sticky inflation is still hurting millions of Americans where it matters most: their wallets.

Despite the job and wage growth, many still aren’t feeling the economic strength according to consumer sentiment surveys.

The May jobs report blew past expectations, displaying the resilience of the U.S. economy.

The U.S. economy added 272,000 jobs in May, far surpassing economist expectations.

The U.S. economy added 272,000 jobs in May.

U.S. families spend an average of $11,000 on child care each year.

The New York City congestion pricing, which was supposed to begin at the end of the month, has now been postponed indefinitely.

Orange juice may soon taste different as two top growing regions have reported smaller crop yield and higher prices.

KPMG's chief economist says Americans are downbeat over child care costs.

Michelle Singletary of The Washington Post discusses food prices falling as we head into the summer and shares where consumers can find the best savings.

ABC News’ chief economic correspondent Rebecca Jarvis breaks down what these prices mean for the housing market.

Americans embrace “Buy now, pay later” services as they hope to score bargains with Memorial Day sales.

ABC News' Linsey Davis speaks with MoviePass founder Stacey Spikes and director Muta'Ali Muhammed about the new documentary "MoviePass, MovieCrash," which documents the rise and fall of the company.

The series of customer-friendly announcements isn’t a coincidence, experts said.

Aldi CEO Jason Hart joined "Good Morning America" live with the summer grocery price outlook.

A look behind the numbers on why new online shopping trends are emerging as many continue to work from home.

Cash-strapped consumers are seeing a little relief just in time for a Memorial Day barbecue.

The Labor Department says overall grocery prices fell 2% in April, the first drop in a year. Retailers are slashing prices in the hopes of enticing customers. ABC News' Rhiannon Ally has the details.

The latest consumer price index data reveals a wider gap between food purchased at grocery stores versus takeout.

The U.S. Department of Education said borrowing costs for new student loans will climb to their highest level in 16 years.

ABC News chief economics correspondent Rebecca Jarvis shares what these numbers could tell us about the economy and how it could impact interest rates in the future.

The April inflation report shows consumer prices decreased to 3.4% in the U.S., while student loan rates skyrocket.

Consumer prices rose 3.4% in April compared to a year ago.

The seafood restaurant chain is reportedly considering bankruptcy due to a large debt load, executive turnover and losses worsened by a problematic all-you-can-eat shrimp deal.

Low inventory and high interest rates are creating a perfect storm for first-time home buyers nationwide.

Home prices are soaring, leading some to question whether another housing bubble is about to burst. ABC News' Alexis Christoforous reports.

Nearly 15 years after a housing bubble triggered the worst financial disaster since the Great Depression, some observers are saying a housing bubble may happen again.

A look at the numbers behind the nation’s millionaires and billionaires. How wealthy individuals and companies have been getting away with underpaying their taxes for a decade.

In a new series, we look back at political wisdom from past campaigns.

A government report says trust funds for Social Security and Medicare will be depleted by 2033 and 2036 if lawmakers and the president do not intervene.