Inflation has cooled significantly recently, but you may still find yourself paying more at the grocery store. What gives? Here's a primer on what easing inflation actually means.
The Washington Wizards basketball team and Capitals hockey teams may be moving to northern Virginia. D.C. faces losing not only two sports teams but also an economic engine of its downtown.
America's only cobalt mine opened last year to great fanfare, as the mineral is crucial for green energy. But it surprisingly closed just months later.
The Federal Reserve held interest rates steady on Wednesday, amid signs of easing inflation. The central bank signaled that its benchmark borrowing rate may start to fall next year.
The Federal Reserve held interest rates steady today, amid signs of cooling inflation. Policymakers also offered some forecasts of what might be in store next year.
Inflation dipped to 3.1% last month — less than half what it was at the beginning of the year. Falling gasoline prices helped to offset rising rents and medical bills last month.