News

Treasury secretary confronts CBS host over past tariff inflation predictions as rates hit 4-year-low
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
OECD forecasts a sharp economic slowdown and higher inflation in the U.S., citing tariffs
U.S. economic growth is likely to "slow markedly" this year and next, due to tariffs and uncertainty under the Trump ...
Key U.S inflation gauge shows price growth cooled in April with little sign of tariff impact
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Treasury Secretary Scott Bessent reminds CBS anchor about wrong inflation prediction: ‘Numbers are the best in 4 years’
Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a ...
Trump tariffs would cut deficits by $2.8 trillion and shrink the economy, CBO says
President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.
Las Vegas may still dazzle, but its sparkle is coming at a steeper price: "No longer a bargain vacation"
Las Vegas — The "Welcome to Fabulous Las Vegas" sign is usually the first stop for millions of tourists. But the line to snap ...
Yuba City scales back water tower plaza project amidst budget shortfall, rising inflation
Yuba City is scaling back on its vision to revitalize Water Tower Plaza as prices have soared far beyond what was estimated just a few years ago.
Will the price of gold hit a new high this June?
The price of gold has been surging over the last 18 months, but will it continue this June? Here's what to consider.