News

Key Takeaways Tariffs' effects haven't shown up in official inflation measures yet, but retailers have said they are raising ...
Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to ...
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
The analysis found that shrinking of the U.S. economy would vary but said that tariffs would reduce gross domestic product ...
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.
CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.
Goolsbee: Business leaders in the Midwest are waiting to see the full impact of tariffs, with some expressing guarded ...
Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
The cost-of-living adjustment is important for retirees on Social Security to keep up with rising costs of living. Find out ...
Federal Reserve Bank of Chicago President Austan Goolsbee warned that new tariff policies would drive up prices, though their inflationary impact could be temporary.