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Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
U.S. inflation hit 2.7% in June—its highest since February—fueled by tariffs and complicating Trump’s calls for interest rate cuts.
Metro Phoenix continues to have the lowest inflation of any major U.S. city. The 0.2% climb in consumer prices here compares to 2.7% for the nation.
Dow falls 300 points, S&P 500 flat and Nasdaq climbs after June CPI report; JPMorgan tops estimates Investors are digesting important inflation data in the U.S ...
With President Trump and Federal Reserve Chair Jerome Powell clashing over interest rates and the impact U.S. tariffs will ...
Despite the current market optimism, relying on economic headlines for investment decisions can prove harmful in the long run ...
President Donald Trump in recent days slapped tariffs as high as 50% on dozens of countries, restoring the type of aggressive trade policy that sent stocks plummeting a few months ago. The new round ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...