US inflation gauge ticks higher with price pressures remaining stubborn
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Trump's tariffs in his first term did little to alter the economy, but this time could be different
The tariffs he imposed on China in his first term were continued by President Joe Biden, a Democrat who even expanded tariffs ...
Stock market today: Indexes slide as tech sell-off ends 7-day winning streak
Dell shares dropped 12%, while mega-cap giants Nvidia, Meta, and Microsoft all ended lower. The stock market will be closed ...
American consumers say they're struggling. Tariffs will make inflation much worse.
Donald Trump campaigned on a promise of taming inflation but the tariffs he announced Monday will likely stoke it even before he takes office.
Here’s how high inflation could rise on Trump’s tariffs on Canada, Mexico
Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.
How Trump's tariffs might warp two crucial readings on the health of the US economy
In carrying out campaign promises on trade and the border, Trump risks worsening the inflation dilemma that catapulted him to ...
Money-market fund assets surge to $6.7 trillion record
Investors piled another $26.8 billion into bulging U.S. money-market funds in the past week, bringing their total assets to a record $6.68 trillion, according to the Investment Company Institute. Mone ...