Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates

The summit of the Group of 20 leading economies in Rio de Janeiro has produced a joint declaration that, while not totally endorsed by one of the group’s members, succeeded in addressing most topics host Brazil had prioritized addressing: both ongoing ...

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.

The House has passed legislation that would provide full Social Security benefits to millions of people

Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth

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.

The number of Americans applying for unemployment benefits fell to the lowest level in six months last week as layoffs remain at relatively healthy levels

Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure

"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 cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week

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 number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels

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.

Expanded tariffs and mass deportation would raise prices, experts say.

ABC News’ Rebecca Jarvis examines how economics played a part in leading Trump into an election win.

The economy was the top issue for voters in the 2024 election, with almost half of those polled saying they are worse off than they were four years ago.

The national average has fallen to $3.10 for a gallon of gas, with 24 states now below $3.

ABC News’ John Quiñones reports on which election issues are most important to voters in Texas.

Major stock indexes and large tech firms showed gains on Tuesday.

Consumer prices rose 2.4% in September compared to a year ago, according to the latest data released by the U.S. Bureau of Labor Statistics.

The economy tops surveys of voters' most important issues.

Hurricanes Helene and Milton along with the Boeing strike contributed to the weaker numbers, but the unemployment rate remains at 4.1%, matching the September rate and remaining historically low.

Acting Labor Secretary Julie Su talks to ABC News’ Elizabeth Schulze about the latest jobs report.

Hiring slowed in October, but fallout from hurricanes and labor strikes likely caused an undercount of the nation’s workers.

ABC News’ Alexis Christoforous looks at both candidates' plans for the economy and breaks it down for you and your wallet.

Trump could damage the economy, experts say, if he makes good on threats to prosecute political rivals, including Kamala Harris.

U.S. GDP grew at a 2.8% annualized rate over three months ending in September.

Chair of the National Council of Economic Advisers Jared Bernstein joins ABC News Live with more.

As economic inequality and wealth concentration rise, the U.S. is entering a new era of support for workers' rights, reminiscent of the Gilded Age.

ABC News’ Linsey Davis speaks with former FDIC chair Sheila Bair to unpack how the economy has responded to the Fed’s rate cut last month and concerns for the months ahead.

The Internal Revenue Service announced increases in standard deductions as well as changes to certain tax breaks.

Courtney Mason of lifestyle website The Spruce shares tips on how to spend less and save more this holiday season.

ABC's Alexis Christoforous reports on the latest housing market as mortgage rates continue climbing, even after the Federal Reserve cut interest rates.

Since the beginning of 2024, the price of gold has soared about 32%.

Gold prices have soared more than 30% this year.

Under Secretary of Education James Kvaal discusses the program’s changing course and how more than a million public workers are now free from student loan debt.

Pandemic-era car buyers had to shell out big bucks for both new and used vehicles because of dips in inventory, and today increasingly find themselves owing more in loans than their car is worth.

The forecast comes from National Retail Federation and is up from $956 billion in 2023.