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Gasoline prices rose 27.4% in a year and drove more than a third of August’s price increase, the Labor Department says

Gasoline is the one household expense that shows up on a sign by the road, updated daily, impossible to avoid noticing. That visibility is fitting, because the August inflation report just confirmed what drivers have felt: gasoline prices are up 27.4% over the past year, and within last month alone, the pump did more damage…

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Trump orders USDA to prioritize meatpacker investigations as the four biggest beef packers hold 85% of the market

President Trump has told the Agriculture Department to make meatpacker enforcement a bigger priority, pointing to a beef industry now dominated by a handful of companies. The order, signed Sept. 4, 2026, directs USDA to expand investigations into potential violations by the packers that process most of the nation’s cattle, at a moment the administration…

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Fed officials now expect their benchmark rate near 4.1% at the end of 2027, up from 3.6% in the June forecast

Every three months, Federal Reserve policymakers write down where they think interest rates are heading, and the newest set of guesses runs noticeably higher than the one they published in June. In the projections released September 16, the median official now sees the Fed’s benchmark rate sitting near 4.1% at the end of 2027, compared…

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Government forecasters expect household electricity to average 18.2 cents per kilowatt-hour this year, up from 17.3 cents in 2025

The federal government’s most closely watched energy forecast now points to a higher power bill for the typical American household this year than last, with a further increase already built into next year’s numbers. For someone managing a fixed monthly income against air conditioning, refrigeration and medical equipment, a few cents on every kilowatt-hour adds…

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The Federal Reserve raised interest rates again, lifting the cost of credit-card and home-equity debt.

The Federal Reserve raised its benchmark interest rate again on September 16, 2026, pushing borrowing costs higher for the second time this year and adding pressure to two kinds of debt that many older households carry: credit cards and home-equity lines of credit. Because both products typically price off a bank-set rate that tracks the…

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