President Trump's tariffs are going to affect products imported by U.S. companies, with importing companies likely to pass on those costs to consumers through higher prices.
Trump says his new tariffs will be “Liberation Day” for America. Economists’ and market analysts’ views are far more ominous.
Core inflation serves as a more reliable gauge of persistent inflation trends by omitting the volatile food and energy prices from its calculations. As such, the 0.4% monthly increase in core ...
But as tariffs serve as the most immediate threat to growth and inflation, a resilient US labor market continues to assure ...
However, the Commerce Department announced Friday that the Fed's key inflation measure expanded more than expected in ...
Ongoing tariff fears and souring consumer sentiment are also pushing stocks lower.
Higher-than-expected inflation data dampens hopes for imminent interest rate cuts, with S&P 500 and Nasdaq 100 futures ...
Hot inflation and cooling consumer spending are trends that are likely to be intensified by President Trump’s aggressive moves on tariffs and government spending cuts. Stagflation fears are rising and ...