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6 Results / Page 1 of 1

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Trump bizarrely calls groceries ‘old fashioned’ when confronted over high costs: ‘We’ve got prices way down’

After Republicans suffered major losses in Tuesday night’s general elections up and down the ballot, President Donald Trump is now seizing on the use of certain vocabulary related to the economy to try to turn the tables. When asked about the election results, in which Democrats dominated his party, Trump appeared to suggest Republicans performed poorly because they didn’t talk enough about one word: affordability. “They have this new word called affordability, and [Republicans] don’t talk about it enough. The […]

todayNovember 7, 2025 1

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Trump touts new actions to lower prices for weight loss drugs. How will it impact Black Americans?

The White House announced on Thursday agreements with two of the nation’s largest pharmaceutical manufacturers to lower prices for weight loss medications. The deals would expand access for millions, including Black Americans who suffer health disparities like obesity and diabetes. President Donald Trump unveiled the agreements with Eli Lilly and Company and Novo Nordisk inside the Oval Office. The White House is touting the deals as the “most significant actions ever taken by our federal government to lower prescription drug […]

todayNovember 6, 2025

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The latest inflation report shows that high prices are Trump’s major economic challenge

As a candidate last year, Donald Trump suggested he could easily conquer inflation and ease voters’ fears about the economy. “I will very quickly deflate,” he promised at a California rally. “We are going to take inflation, and we are going to deflate it. We are going to deflate inflation. We are going to defeat inflation. We’re going to knock the hell out of inflation.” Wednesday’s consumer price index report showed that inflation is punching back — and President Trump could end up […]

todayFebruary 13, 2025

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Trump’s claim that lowering prices would be ‘too hard’ spells doom for Black and brown households

After President-elect Donald Trump seemingly walked back his pledge to address the rising price of groceries, critics of the soon-to-be 47th president say his economic agenda spells doom for Black, brown and low-income households that are already suffering from inflation, the rising cost of living and a widening racial wealth gap. After Trump was asked by TIME magazine (which recently named him “Person of the Year”) whether or not his presidency would be a failure if unable to bring down […]

todayDecember 13, 2024

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Trump says he can’t guarantee tariffs won’t raise US prices and won’t rule out revenge prosecutions

WASHINGTON (AP) — Donald Trump said he can’t guarantee that his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. The president-elect, in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S. involvement in Ukraine, Israel and elsewhere. Trump often mixed declarative statements with caveats, at one point […]

todayDecember 9, 2024

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Food prices worried most voters, but Trump’s plans likely won’t lower their grocery bills

Americans are fed up with the price of food, and many are looking to President-elect Donald Trump to lower their grocery bills. Trump often railed on the campaign trail against hefty price increases for bacon, cereal, crackers and other items. “We’ll get them down,” he told shoppers during a September visit to a Pennsylvania grocery store. But the food price inflation that stunned the U.S. — and other parts of the world — in 2021 and 2022 had complicated causes that are difficult to unwind, […]

todayNovember 15, 2024