Trump Is Weighing a Federal Gas-Tax Pause—Here’s What It Would Save at the Pump
Trump says a federal gasoline-tax suspension is under consideration. At current rates, the maximum savings would be about $2.76 on a 15-gallon fill-up—but Congress must act first.
Economists Expected 90,000 Jobs—America Added 29,000
U.S. payrolls rose by just 29,000 in September, unemployment edged to 4.2%, and July–August gains were revised down by 60,000. The report complicates the Fed’s next move without signaling a broad layoff wave.
Inflation Was 3.4%—And Americans Spent 0.9% More in One Month
August inflation came in below forecasts at 3.4%, but consumer spending surged 0.9% as real disposable income stayed flat and savings fell.
Fed Raised Rates for the First Time Since 2023—Here’s What Gets More Expensive
The Federal Reserve raised its benchmark rate by a quarter point to 3.75%–4.00%, signaling that inflation remains its priority even as Americans face higher borrowing costs.
U.S. Added 162,000 Jobs in August—And Suddenly a Fed Rate Hike Is Back on the Table
August hiring crushed forecasts and erased July’s reported job loss. The surprise is good news for workers—but it also raised the odds of another Federal Reserve rate hike.
23,000 Jobs Vanish as Mortgage Rates Hit 6.69% — The Double Squeeze Hitting American Families
U.S. employers cut 23,000 jobs as the average 30-year mortgage rate climbed to 6.69%, creating a double squeeze for workers and homebuyers.