Lawmakers search for Plan B on spending
With the House stuck (again) on a government funding plan and a possible government shutdown approaching on Oct. 1, lawmakers spent Wednesday working through possible Plan Bs as the clock ticks away. What the House GOP is thinking: House Speaker
AIER’s Everyday Price Index Eases Marginally in August 2024
A woman buys produce at Pike Place Market in Seattle, Washington. 2023.The American Institute for Economic Research’s Everyday Price Index (EPI) declined 0.13 percent to 290.9 in August 2024, the same level it held in both April and May 2024.
Moderate Inflation Affirms Fed’s Path to Easing
Price growth was moderate in August, the Bureau of Labor Statistics reports. The Consumer Price Index (CPI) rose 0.2 percent last month and 2.5 percent over the past year. On a continuously compounded basis, prices grew at an annualized rate
Johnson forced to delay vote on stopgap funding plan as GOP opposition rises
House GOP leaders pulled their six-month stopgap funding plan on Wednesday, hours before a scheduled floor vote. Facing a number of Republican holdouts, Speaker Mike Johnson said they’ll delay the vote until next week as they work to quell Republican
NEDA sees faster growth in 2nd half
By Beatriz Marie D. Cruz, Reporter PHILIPPINE gross domestic product (GDP) growth in the second semester could be faster than the 6% average in the first half amid easing inflation and lower policy rates, the National Economic and Development Authority (NEDA)