Why everything is so expensive right now

At a time of year when many of us are reflecting on our lives and setting goals, we look at the research into what makes for a good life – and share some advice on how to get there.Here’s what science considers a path to a good life. Plus, some tips and advice on how to get there ...  Show more

This week, the FBI raided the home of a Washington Post journalist, sparking First Amendment fears. At the same time, the Justice Department has opened an investigation into Fed Chair Jerome Powell, drawing concerns from bigwigs on Wall Street and questions as to how the administ ...  Show more

For over a decade, America’s central bank has had an inflation target of 2%. On Wednesday, the Federal Reserve announced that it would keep its main interest rate unchanged in order to try and get inflation to that magic number. But what if the Fed is thinking about inflation all ...  Show more

In the struggle to control inflation, the Federal Reserve has raised interest rates five times already this year.

But those efforts can be blunted if companies keep raising prices regardless. And one industry has illustrated that difficulty particularly starkly: the car ...

To fight historic levels of inflation, the Federal Reserve this week, once again, raised interest rates, its most powerful weapon against rising prices.

The move was intended to slow demand, but there was also a psychological factor: If consumers become convinced that in ...

Rapid inflation has been a problem in the United States for more than two years, but the tide appears to be turning. Annual inflation is now less than half of what it was last summer.

Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, disc ...