U.S. GDP Increased 3.4% in Third Quarter

29 October 2026 at 13:55

The economy grew 3.4 percent in the third quarter, the fastest pace in a year. Strong spending and growth contrast with the poor marks many voters are giving the economy.

Inflation Accelerated in October, PCE Index Shows

NYT - Top Stories

By: Aruni Soni

29 October 2026 at 12:55

The Personal Consumption Expenditures index picked up in September, according to data released a day after the Federal Reserve’s decision to hold interest rates steady.

A factor pushing prices up this year has been a severe energy crunch created by the war with Iran that sent oil prices soaring.

Christine Lagarde to Step Down as President of European Central Bank

NYT - Top Stories

By: Eshe Nelson

29 October 2026 at 10:50

Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.

Christine Lagarde’s appointment as the European Central Bank’s first woman president was the latest step in a career of breaking gender barriers, while also contending with economic crises.

In Moving Gradually, Fed Risks Having to Play Catch-Up to Quell Inflation

NYT - Top Stories

By: Colby Smith

29 October 2026 at 18:55

Federal Reserve officials are expected to restart rate increases in December, but the cadence of additional moves will depend on the data.

Federal Reserve Board Chairman Kevin Warsh speaking on Wednesday.

Fed Holds Rates Steady Despite Lack of Progress on Inflation

NYT - Top Stories

By: Colby Smith

28 October 2026 at 21:27

Kevin M. Warsh, the chairman of the Federal Reserve, said an “information-rich” period before the central bank’s gathering in December will help officials determine next steps for policy.

Kevin Warsh, the Fed chairman last week said that more had to be done to tame inflation.

The Federal Reserve Will Release Its Interest Rate Decision Today. Here’s What to Watch.

NYT - Top Stories

By: Colby Smith

28 October 2026 at 09:05

The central bank is widely expected to hold interest rates steady on Wednesday, just days before the midterm elections.

The Federal Reserve is expected to press pause on raising interest rates after delivering a rate increase last month for the first time since 2023.

A Punishing Housing Market Is Squeezing Renters

NYT - Top Stories

By: Sydney Ember

28 October 2026 at 09:05

Higher mortgage rates and slowing residential construction are again giving landlords the upper hand.

Higher mortgage rates are pushing aspiring homeowners to keep renting, intensifying competition in the rental market.

The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.

NYT - Top Stories

By: Colby Smith

27 October 2026 at 09:03

Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.

Kevin M. Warsh, chairman of the Federal Reserve, said that the central bank had more work to do to tame inflation, but that there was no urgency to raise rates at consecutive meetings.

The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.

NYT - Top Stories

By: Colby Smith

27 October 2026 at 09:03

Inflation is moving in the wrong direction and the labor market remains stable, a combination that bolsters the case for higher interest rates.

Can’t Afford a Home. Can’t Afford a Baby. Can’t Afford Life. This Is 30.

NYT - Top Stories

By: Troy Closson

25 October 2026 at 12:56

They’re trying to build middle-class lives in New York. But many 30-year-olds in the city feel worse off than their parents. Is it average adult angst? Or something more enduring?

People in their early 30s make up the largest age cohort in the United States. They’re feeling priced out of adulthood.

Italy’s Young Protesters Return to the Streets

NYT - Top Stories

By: Josephine de La Bruyère

25 October 2026 at 01:26

Fed up with the political establishment and rising cost of living, demonstrators hoped to make their message heard after violence overshadowed protests last weekend.

Young people protested the rising cost of living in Milan on Saturday, a week after similar demonstrations in cities across northern Italy ended in violent clashes and looting.

What Happens if Trump Doesn’t Like the Midterm Results?

NYT - Top Stories

By: Michelle Cottle · Jamelle Bouie · David French and Derek Arthur

24 October 2026 at 12:49

Hope, dread and the final stretch to Election Day.

Global Oil Price Hits $116 a Barrel, Highest Since April

NYT - Top Stories

By: Joe Rennison

23 October 2026 at 21:03

Investors have grown increasingly concerned that the war in Iran could escalate again, putting energy supplies at greater risk.

There Are Solutions to This Crazy Economy. Voters Will Hate Them.

NYT - Top Stories

By: Natasha Sarin · Catherine Rampell and Emily Holzknecht

23 October 2026 at 14:17

Ahead of the midterms, Natasha Sarin and Catherine Rampell unpack the state of the economy — and how much responsibility the president bears for it.

Why Many Voters Are Unhappy With the Economy

NYT - Top Stories

By: Ben Casselman · Nour Idriss · Stephanie Swart and Edward Vega

22 October 2026 at 19:13

With the midterms approaching, the economy is a top concern for voters. Our chief economic correspondent, Ben Casselman, describes which aspects of the economy have voters so frustrated.

Mortgage Rates Remain Above 7%, Pushing Home Prices Lower in Some Areas

NYT - Top Stories

By: Gregory Schmidt

22 October 2026 at 17:26

The 30-year, fixed-rate mortgage dropped slightly to 7.32 percent as prospective home buyers continue to struggle with affordability. But home prices are starting to drop in some areas.

Reading view