Scott Horsley

A new inflation report shows prices rose more than expected last month. The Federal Reserve is likely to keep raising interest rates in an effort to curb demand and bring inflation under control.

The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking.

Inflation watchdogs are acting to rein in runaway prices. They're hoping to avoid a re-run of the 1970s, when inflation went unchecked for so long it became harder to get prices under control.

The number of women in the workforce has finally returned to pre-pandemic levels, which is good for the economy. But after time away from the job market some women are reassessing their priorities.

Women left the workforce in large numbers early in the pandemic. Many of those women are now back on the job, easing concerns of lasting damage to their participation in the labor market.

The Federal Reserve is hitting the brakes on the U.S. economy in an effort to bring inflation under control. The central bank is raising interest rates at the fastest pace since the early 1980s.

The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.

Rising inflation has meant fewer restaurant meals, getaways and even doctor visits for many Americans, as nearly 4 in 10 say their family finances have gotten worse in the last year.

Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.

The unemployment rate inched up in August, but only because hundreds of thousands of people started looking for work. That jump in the workforce could take some pressure off inflation.

U.S. employers added 315,000 jobs in August, while the unemployment rate rose to 3.7% from 3.5% in July. A tight job market gives workers more bargaining power, but it may also fuel inflation.

Economists believe the US job market remained tight in August, with unemployment hovering around 3.5 percent. NPR's Scott Horsley reports on the latest.

Severe drought is forcing some ranchers to send cattle to slaughter early. That's sparked a temporary glut in beef that's leading to lower prices, but it won't last.

Steak prices have decreased as meatpackers processed more beef. But drought-stricken cattle ranchers are having to cut their herds, which is likely to lead to higher beef prices in the future.

President Biden's plan to forgive hundreds of billions of dollars in student debt will help millions – but it's also raising concerns about inflation, economic fairness and college tuition costs.

The chairman of the Federal Reserve surprised the stock market when he said the central bank would continue raising interest rates. The remarks also mean more pain for home buyers and other borrowers.

Federal Reserve chairman Jerome Powell pledged that he and his colleagues will keep raising interest rates until they're confident that inflation is under control.

The Fed's chair comments signal the central bank is determined to continue raising interest rates to bring down inflation.

Federal Reserve chairman Jerome Powell speaks Friday morning in Jackson Hole, Wyoming. Powell hopes to curb inflation without pushing the economy into recession.

President Biden's plan to erase up to $20,000 in college debt for tens of millions of borrowers is drawing praise and criticism. Some welcome relief, but others say he should address tuition costs.