In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...

Discover why gold and the dollar can rise together, fueled by US fiscal dominance and global economic instability, with a ...

The post Trump May Have To Grapple with Returning Inflation appeared first on Reason.com.

Inflation could stay higher for longer due to factors like energy costs, labor market tightness and deglobalization. Read how ...

January Retail Sales shrank by 0.9% compared to the expected 0.1% contraction, a wide decline from the revised up 0.7% growth ...

Retired-worker benefits can hit a psychologically important level next year, but seniors are still likely to get the short ...

Kevin O’Leary backs Trump on eliminating the US penny — calls it ‘stupid’ unless you’re ‘putting them in your loafers.’ ...

The idea of revaluing America’s gold holdings to bring the prices in line with the market ignites a debate for Trump’s vision ...

The U.S. penny has been in circulation for more than two centuries, but its time may soon be up after President Donald Trump ...

Though it's been less than a month since Donald Trump took office as president for the second time, he's already enacted ...

January is a crucial month for streaming services, with a lot of subscriptions being renewed. This year, Danes spend more ...

Nour Ismail, a cashier at the All-Star Deli & Grocery in Manhattan, says the handful of pennies tossed into the bodega's tip ...