Scott Horsley

Turkey, stuffing, pie — it's all way more expensive this year. But you don't have to let inflation spoil your meal, if you're willing to get creative.

Consumer prices in October were 7.7% higher than a year ago. That's a slower pace of inflation than in September and it triggered a rally on Wall Street.

Stocks experienced their biggest rally in two years after a report that inflation is currently running at 7.7%.

With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%.

Rising prices are a top concern for voters in this year's midterm elections, outpacing abortion, crime and defending democracy. Prices in September were up 8.2% from a year ago.

U.S. employers added 261 thousand jobs last month — more than forecasters expected. But job growth has slowed from earlier in the year, and that slowdown could help ease upward pressure on inflation.

Hiring slowed modestly in October, as employers added 261,000 jobs. That might take some of the upward pressure off inflation.

Federal Reserve Chairman Jerome Powell talked with reporters about the central bank's latest effort to fight inflation with higher interest rates and what the Fed is likely to do next.

The Federal Reserve raised interest rates by another 0.75 percentage points Wednesday, as part of its ongoing effort to fight inflation. The big question is, what happens next.

A new report on gross domestic product shows the U.S. economy rebounded in July, August and September after six months of negative growth. But the economy still faces challenges like high inflation.

Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.

Inflation and fears of a recession are dominating headlines in the U.S., and a series of global crises means that the economic outlook is even more precarious in some other parts of the world.

Factories have added 467,000 jobs in the last 12 months, as production jumped to its highest level since 2008. But manufacturing remains a much smaller slice of the U.S. economy than it used to be.

U.S. factories ramped up production, adding 22-thousand workers in September. Factory employment is back to pre-pandemic levels, but it's not likely to rebound to what it was in the last century.

Inflation remained high last month, with consumer prices rising 8.2% in September from a year earlier. To keep pace with inflation, Social Security recipients will get a cost-of-living adjustment.

Retirees and others who rely on Social Security will see a large boost in benefits next year. The average benefit will increase by $141 per month, to keep pace with high inflation.

Former Federal Reserve chairman Ben Bernanke was awarded the Nobel Prize in economics, along with economists Douglas Diamond and Philip Dybvig for their work on bank runs and how to prevent them.

Former Federal Reserve chairman Ben Bernanke and two academic economists — Douglas Diamond and Philip Dybvig — share this year's Nobel Prize in economics for their work on bank runs.

The Nobel panel at the Royal Swedish Academy of Sciences in Stockholm has announced the winners for the Nobel Memorial Prize in Economic Sciences are Ben Bernanke, Douglas Diamond and Philip Dybvig.

Gas prices are likely to climb higher as OPEC and Russia announce a production cut, adding fuel to the inflation fire even as the job market shows signs of cooling down.