Scott Horsley - NPR
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Trump has promised to cut taxes and government regulations, slap tariffs on imports and order large deportations of immigrants.
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The U.S. economy grew at an annual rate of 2.8% in the third quarter, led by strong consumer spending.
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Hundreds of tons of bananas are stuck in transit — and they won't keep for long.
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The Federal Reserve moved aggressively Wednesday to start cutting interest rates as easing inflation fears gives way to concern about the job market.
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The Fed is expected to start cutting interest rates on Wednesday — marking a milestone in the central bank's long-running battle against inflation.
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Consumer prices in August were up 2.5% from a year ago — the smallest annual increase since February 2021.
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Gasoline prices tumbled 5% during October, which helped to keep overall inflation — down from 3.7% in September — in check.
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The cost of auto insurance jumped more than 19% during the year ending in August, while overall inflation was 3.7%, the Labor Department said.
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Americans began the new year with a spending spree, but businesses are not sure how long it can last.
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Rising prices are the number one concern for voters in this year's midterm elections, outpacing abortion, crime and other hot-button issues.