Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes

Inflation remained cool in July, based on the Personal Consumption Expenditures index, keeping the Federal Reserve on track for rate cuts.

Both candidates embrace expansions of government power to steer economic outcomes — but in vastly different areas.

The Inflation Reduction Act was a compromise between competing priorities. Evaluating the law on the effectiveness of the $7,500 tax credit for E.V.s is tricky.