Business
Cost-of-living pressures fill final stretch of US midterm campaign
October 25, 2026 at 07:57 AM
Coverage
2 reports · 1 in Arabic, 1 in English · over 2 hours
Ahead of the November 3 US midterm elections, voters face rising prices, slowing job growth, and higher interest rates.
- US consumer inflation accelerated to 3.7% annually in September, driven largely by energy, with gasoline rising 34.2% year over year.
- The economy added only 29,000 jobs in September, and real average hourly wages fell 0.5% on the month.
- The Federal Reserve raised its federal funds rate to 3.75%–4.00% on September 16, its first increase since 2023.
- Trump announced $8 billion in new farm aid in Kansas during a monthlong Midwest campaign tour.