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Chicago Federal Reserve President Austan Goolsbee on Tuesday said higher inflation from U.S. import tariffs could become ...
The world economy will lose pace this year, hamstrung by uncertainty stemming from whipsawing U.S. trade policy, according to ...
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
Inflation in the 20 countries that use the euro fell to 1.9% in May from 2.2% in April, helping clear the way for more ...
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their ...
The U.S. services sector contracted for the first time in nearly a year in May while businesses paid higher prices for inputs ...
The cost-of-living adjustment is important for retirees on Social Security to keep up with rising costs of living. Find out ...
The global economy is teetering on the edge, and the US is at the heart of the storm. According to a recent OECD Economic ...