The latest numbers show that prices in the U. S. went down last month, with a big drop in gas, flights, and hotel stays. This is a sign that the rate at which prices are going up is slowing down. The overall increase in prices was 2. 4% in March compared to the same month last year. This is lower th
A bit of good news came in March. The rate at which prices for goods and services were going up slowed down. This is known as the inflation rate. It dropped to 2. 4% over the past year. This is a decrease from the 2. 8% seen in February. The news came just as the President was getting ready to put t
Larry Fink, the head of a major investment company, recently shared some concerning views. He believes that many top business leaders think the U. S. economy is already in a tough spot. They think the economy is in a recession. Fink said this at an event in New York City. He mentioned that one busin
The cost of playing Mega Millions has gone up. Now, it's $5 instead of $2. This change started with the latest draws. The goal? To bring in more money and offer bigger jackpots. The odds of winning the jackpot have improved slightly, from 1 in 303 million to 1 in 290 million. This is a small improve
The economic landscape is shifting, and not in a good way. Tariffs, those extra fees on imports, are back in the spotlight. A big boss at a major bank has spoken out about them. He thinks they'll make prices go up, both for things made here and things brought in from other countries. This could slow
The small, vibrant candy store, Economy Candy, is a treasure trove of sweets from around the globe. It's a place where you can find gummies from Germany, lollipops from Spain, and chocolates from Japan. The owner, Mitchell Cohen, knows firsthand how the recent tariffs are affecting his business. Ta
The US economy is facing a tough time. The chances of a recession have gone up because of rising tariffs. This is not good news for anyone. A big bank, Goldman Sachs, thinks there is now a 35% chance of a recession in the next year. This is a big jump from the 20% chance they thought a few months ag
Consumer optimism has hit a low point not seen since the start of 2021. This shift in sentiment is largely due to growing fears of higher inflation and an impending recession. The uncertainty surrounding President Donald Trump's trade policies has left consumers, businesses, and investors in a state
The economy is a tricky beast. Sometimes, it grows fast, and jobs are plenty. Other times, it slows down, and prices go up. But what happens when both bad things occur at once? This is what people call "stagflation. " It is a mix of slow growth and high inflation. It is a nightmare for the Federal R
February's retail sales showed a modest increase of 0. 2%, which was less than what experts had predicted. This growth was slightly better than the revised decline seen in January, but it still fell short of the anticipated 0. 6% rise. When you exclude car sales, the increase was 0. 3%, which matche
