Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said

The stock market closed out its best month in more than a year.

Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years

The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market

Shrugging off higher interest rates, America’s consumers spent enough to help drive the economy to a brisk 5.2% annual pace from July through September, the government said in an upgrade from its previous estimate

The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates

AAA reports the price of gas has now gone down for 60 days in a row.

A key Federal Reserve official raised the possibility that the Fed could decide to cut its benchmark interest rate as early as spring if inflation keeps declining steadily

ABC News contributor Mike Muse breaks down “perception versus reality” of the American economy and the impact certain optics could have on the 2024 presidential election.

Consumers have found some relief from inflation but face high borrowing costs.

Small Business Administrator Isabel Casillas Guzman joins “GMA” to share the importance of supporting your local business and the mission for Small Business Saturday.

Millennials have said homeownership has become virtually impossible, and real estate experts say that's because of a perfect storm of factors.

The number of Americans applying for unemployment benefits fell sharply last week, a sign that U.S. job market remains resilient despite higher interest rates

Consumers are expected to use “buy now, pay later” payment plans heavily this holiday season, a forecast that bodes well for retailers but that has credit experts again sounding alarm bells

The cost of a complete Walmart Thanksgiving dinner will be lower this year than last, according to Walmart U.S. president and CEO John Furner.

A new survey from Lending Club finds 60% of Americans say they are living paycheck to paycheck, with many blaming stubborn prices for everyday essentials like groceries and housing.

According to the Federal Reserve, students owe $1.77 trillion in student and federal loan debt with monthly payments ranging between $200 and $300.

Retail sales dipped a 10th of a percent in October, the first decline since March, but still better than expected.

ABC News chief business correspondent Rebecca Jarvis discusses the new inflation rates, and the latest state of the economy and inflation.

ABC News’ Somara Theodore & Mary Bruce talk about the White House’s response to an economic meeting and a newly released climate report.

Inflation has cooled significantly, offering relief for consumers as prices rose 3.2% over the year ending in October.

The consumer price index increased 3.2% in October compared to a year ago.

House Speaker Mike Johnson has a plan to avoid a government shutdown. But if the rest of Washington doesn't agree, here's how a shutdown could impact your holiday plans.

ABC News’ Alexis Christoforous joins "GMA" to break down how IRS changes could save you some money.

The U.S. is downgraded in the outlook of the country's financial health by a major credit rating firm as another government shutdown looms.

Shares of WeWork's stock plummeted more than 98% this year ahead of the company recently declaring bankruptcy.

As deals drop for your Thanksgiving dinner, ABC News’ Becky Worley shares the rewards and strategies grocery stores are using to get your attention and money.

At least 37 states head to the polls on Tuesday and the economy and inflation are top issues for Americans, according to a new ABC News/IPSOS poll.

Hiring in October fell by half from a month prior.

A surging economy has complicated the Fed's fight to cool price increases.

ABC News’ Alexis Christoforous and Elizabeth Schulze discuss the recent decision by the Fed not to change interest rates.

The Fed is expected to keep interest rates on hold at the end of its meeting Wednesday, after already hiking rates 11 times in the past year and a half.

The Fed is expected to keep interest rates on hold as it tries to decipher the path forward for the economy.

General Motors has reached a tentative deal with United Auto Workers to end the strike, GM and the union confirmed Monday.

ABC News’ Alexis Christoforous has the details on the auto worker union’s tentative agreement with GM that stands to end a 6-week long, historic strike.

The national average gas price has fallen 35 cents from a 2023 peak in September, AAA data shows.

ABC News business reporter Alexis Christoforous has more on lower gas prices and other business headlines.

The GDP report shows the economy grew at a 4.9% annual rate from July through September, the strongest page since 2021.

U.S. GDP grew at a 4.9% annualized rate over three months ending in September.

A war that ensnares the Gulf region could send gas prices above $5 a gallon and plunge the U.S. into a recession.

An escalation of the Middle East conflict could plunge the U.S. into recession, experts said.

Oil prices have climbed, posing potential risks for consumers, experts said.

The firm CBRE says it's now about 53% more expensive to buy property than to rent, adding that's the biggest difference on record.

New data from CBRE shows buying a home is 52% more expensive than renting right now.

Though the price of oil is on the rise, consumers may see some relief at the pump heading into the holidays.

A lesser-known group of attorneys, activists warned government for years.

A look at the numbers behind mortgage rates rising to 8% for the first time since 2000, as the Federal Reserve’s campaign to hike interest rates makes it challenging for new homebuyers.

A look at the numbers behind Rite-Aid filing for Chapter 11 bankruptcy as it faces mounting debt, sagging sales and lawsuits over its role in the opioid crisis.

Top housing industry advocates voiced 'profound concern' about rising mortgage rates.

Starting in January, payments will go up by 3.2% due to cost-of-living adjustments.