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Independent journalArchive edition · July 16, 2026

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A reporter's camera and notebook overlooking a city at sunrise
Featured story2 min read

The Fed sees broad but restrained growth across the U.S.

Eleven of twelve Federal Reserve districts reported slight-to-moderate growth, while higher fuel and input costs continued to pressure households and businesses.

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Economy news

18 stories in this desk.
14

Wholesale prices fell in June, but the yearly rate stayed elevated

The producer-price index declined 0.3 percent from May as energy costs dropped, while prices remained 5.5 percent higher than a year earlier.

By Genuine Update News Desk↗
15

Bipartisan senators propose a forced-vote path for Social Security

The PROMISE Act would create a structured process for Congress to consider a long-term solvency plan, but it does not itself choose benefit or tax changes.

By Genuine Update News Desk↗
16

Inflation cooled sharply in June. Here's what changed.

Consumer prices fell in June as energy costs retreated, giving households relief while leaving the Federal Reserve with more evidence to weigh.

By Genuine Update News Desk↗
17

Warsh promises price stability but keeps the Fed's next move unclear

The Federal Reserve chair stressed price stability in his first congressional testimony but declined to signal the central bank's next rate decision.

By Genuine Update News Desk↗
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