New White House Press Secretary Karoline Leavitt urged members of Congress to confirm Trump's nominees to address problems like the U.S. egg shortage and the cost of living crisis.

The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.

Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ... Even as the broader inflation index picked up, a measure that strips out volatile food and gas items climbed less than expected.

Now that Donald Trump is back for a second presidential term, another big political shift will happen simultaneously happen post-inauguration. The Republicans now fully control Congress, which

President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.

Despite the 2024 campaign rhetoric, Joe Biden is leaving Donald Trump a healthy economy that may be better off left alone.

Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.

Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done.

Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.

Trump is banking on voters giving him a pass and continuing to blame former President Joe Biden for high prices.

LONDON (Reuters) - Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.

Inflation figures came in near as expected for December. Prices rose 0.4% percent and the year-over-year price index increased 2.9 percent. The U.S. Bureau of Labor Statistics issued the December Consumer Price Index on Wednesday morning. The consensus had been for a 0.4% gain for the month and a 2.9% increase year-over-year.