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Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...
House Republicans didn’t even want to allow debate on whether the Trump administration should be required to release the ...
The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.
The Consumer Price Index (CPI) for June came in hotter than May's report as the first signs of Trump's tariffs appeared in ...
President Trump and his lieutenants have been bullying Federal Reserve Chair Jerome Powell for months over the Fed's ...
Tuesday's mixed consumer price index (CPI) report has further solidified expectations that the Federal Reserve will continue to hold interest rates steady, as the inflationary effect of tariffs showed ...
By Karen Brettell NEW YORK (Reuters) -The dollar reached a 15-week high against the Japanese yen on Tuesday as U.S. consumer prices increased by the most in five months in June, while traders also ...
Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President ...
The June data still reflects only the initial impact of Mr. Trump’s global trade war. Economists expect price pressures to intensify over the coming months, especially if new tariffs the president has ...