Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
US GDP grew by 2.3% on an annualised basis in the final quarter, according to the Bureau of Economic Analysis. This was slower than the 2.6% annualised growth expected by economists polled by Reuters.
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains - Some economists believe that Trump’s threat of ...
Although millions of older Americans rely on Social Security to make ends meet, the program is filled with gaps and flaws that make it far from perfect. And one major issue it’s facing now is the ...
The switch to inflation-adjusted salaries will automatically take effect after the next election unless lawmakers and the governor reject it.
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
Many of us have noticed the egg prices on the grocery receipts looking higher than usual and it doesn't look like it'll go down any time soon.
The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.
The December CPI report showed that core inflation continued to moderate in key areas like goods, even as the headline ...
Gallup’s annual Economy and Personal Finance poll found that, in 2024, respondents named inflation as the most important ...
The financials sector performed strongly in global markets during Q4, largely due to a combination of monetary easing and ...
Yes, there is an egg shortage due to bird flu. Officials at the U.S. Department of Agriculture (USDA) have confirmed there is ...