U.S. Economy and Business News

Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.

By Jim Tankersley

Price increases when demand exceeds supply are textbook economics. The question is whether, and how much, the pandemic yielded an excess take.

By Jim Tankersley and Jeanna Smialek

Consumer spending is a crucial driver of economic growth, and a new report showing a rise in sales allayed recession fears.

By Danielle Kaye

The retail giant raised its forecasts as it attracted bargain-hunting shoppers strained by inflation, drawing in high-income households in particular.

By Jordyn Holman

For its first conference on the creator economy, the Biden administration celebrated social media creators. The president lauded them as a “breakthrough in how we communicate.”

By Sapna Maheshwari

Soaring prices have been a political albatross for the Biden administration.

By Alan Rappeport and Jim Tankersley

The vice president is expected to recalibrate President Biden’s policy themes in a bid to turn the Democratic economic agenda into an asset.

By Jim Tankersley and Andrew Duehren

A sharper-than-expected rise or fall in the Consumer Price Index could intensify worries on Wall Street about the economy’s prospects.

By Danielle Kaye and Joe Rennison

The Consumer Price Index reading in July was the mildest year-over-year increase since 2021.

By Jeanna Smialek

Investors have a factor to consider beyond the pace of inflation: Could the next sign of sputtering economic growth send stocks into a tailspin?

By Joe Rennison and Danielle Kaye