Despite inflation and tariff worries, retail spending data from June shows Americans still shopping with gusto. Economists cite low unemployment, bargain hunting and tariff fatigue.

Pensioners are really impacted by higher inflation because it means inflation reduces potential growth of any funds. Inflation also hits annuity rates – which gives people regular, guaranteed income ...

The Federal Reserve's preferred inflation gauge showed that prices increased slightly in June, as policymakers continue to monitor data for signs of tariff-induced inflation.

US inflation ticked up in June in a sign that President Trump's tariffs are starting to sting, though the figure rose in line with forecasts.

Key Inflation Measure Rose in June, Adding to Pressure on Fed The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.

Inflation rose by three-tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to ...

Excluding volatile food and energy prices, core inflation picked up 0.2% on the month, with the annual rate moving to 2.9%, matching estimates.

The Federal Reserve's preferred inflation measure — the Personal Consumption Expenditures, or PCE — ticked higher last month, signaling that President Trump's tariffs are pushing some prices ...