Inflation stands below 3% for the first time since 2021.

Proposals include a ban on grocery price gouging and subsidy for homebuyers.

Canada's two largest railroads could strike this week, potentially causing supply chain issues for the U.S.

The rules are expected to change the game for both buyers and sellers leaving more room, especially for sellers, to negotiate commissions.

Canada’s two largest railroads are starting to shut down their shipping networks as a labor dispute with the Teamsters union threatens to cause lockouts or strikes that would disrupt cross-border trade with the U.S. Both the Canadian Pacific Kansas Cit...

Both Vice President Harris and Former President Trump are turning their attention to the key swing state of Pennsylvania.

Economists who spoke to ABC News disagreed sharply over the measure.

Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates

The Harris-Walz campaign’s proposal comes amid a 1.1% price increase in groceries compared to a year ago.

The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face of high interest rates

Consumer prices rose by 2.9% in July compared to a year ago, strengthening hopes of a Federal Reserve interest rate cut in September.

He is speaking in front of banners that read, 'No Tax on Tips' and 'No Tax on Social Security.'

Consumer prices on rice, flour and fish fell compared to last July, but new inflation data showed the same cannot be said for eggs, which rose by 19% year over year.

A top Federal Reserve official warned that the central bank needs to cut its key interest rate before the job market weakened further or the Fed would risk moving too late and potentially imperil the economy

Economists believe inflation in July was unchanged from June, at 2.9% higher than it was a year ago.

Price increases have slowed significantly, but remain above the Fed's target.

Passing expectations, the consumer price index shows prices increased only 0.2% from June to July.

Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month

The Federal Reserve, which is chaired by Jerome Powell, is nonpartisan and overseen by Congress.

The S&P 500 suffered its worst day since 2022. Then it recovered within days. Here's how.

Donald Trump recently said the president should have a role in setting interest rates but some economists say that's a bad idea.

U.S. stocks closed a wild, whipsaw week for Wall Street with modest gains

The average rate for a 30-year fixed mortgage stands at 6.47%, data shows.

We break down the numbers of Americans picking up side hustles to supplement their primary incomes.

Rep. Ritchie Torres, D-N.Y., shares why he asked the Federal Reserve chair to cut interest rates immediately and reacts to Gov. Tim Walz as Kamala Harris' VP pick.

The average rate on a 30-year mortgage fell this week to its lowest level in more than a year

A recent pullback in mortgage rates is spurring more homeowners to refinance their home loan and lower their monthly payments

The number of Americans filing for jobless benefits fell last week but remain at slightly elevated though not troubling levels

Minnesota Gov. Tim Walz has backed labor protections and raised taxes on some corporations.

Recent market turmoil won't matter but a downturn could, experts said.

The S&P 500 suffered its worst trading day since 2022. Then it rebounded.

ABC News’ Chief Business Correspondent Rebecca Jarvis breaks down what to know about the stock market after a global selloff on Monday sparked new fears about an economic slowdown.

Saudi oil giant Aramco has reported half-year profits of $56.3 billion, down from the year before due to weakening volumes sold amid worries about the global economy

A market selloff on Monday came amid worries of a possible economic downturn.

Stocks tumbled as recession fears fueled calls for an interest rate cut.

"GMA" shares ways to be smart with money amid the latest jobs report, a selloff on Wall Street and recession fears.

ABC News’ Rebecca Jarvis reports as the stock market prepares to open this morning after the Dow fell more than 600 points Friday following the weaker-than-expected jobs report.

The US added 114,000 jobs in July, which is below expectations.

Some analysts worry the economy is slowing down more than expected.

Interest rates stand at a 23-year high.

The Federal Reserve left interest rates unchanged and indicated that a long-awaited rate cut may be coming in September. ABC News' Elizabeth Schulze and Alexis Christoforous report.

Many are waiting to see if a long-awaited rate cut is on the way.

We break down the numbers on how drought and surging demand in markets like China are making that cup o’ joe more costly. You could always save money by brewing at home, but will you?

Despite financial struggles, some are sparing no expense on travel and entertainment this summer, but there are plenty of ways to save and still have a good time.

U.S. GDP grew at a 2.8% annualized rate over three months ending in June.

ABC News business correspondent Alexis Christoforous breaks down the second quarter report for the U.S. economy.

A new study looking into the feasibility of universal basic income suggests that money would be largely spent on essentials such as food, rent and transportation.

Friends and family members are saving money on groceries by buying groceries in bulk together and splitting the cost.

A Montana town’s refusal to develop a centralized sewer system means no affordable housing can be built for working people.

Republicans presented the U.S. economy as a “trainwreck,” but the numbers tell a very different story.