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 ...

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

Treasury Secretary Scott Bessent took a victory lap Sunday over recent inflation numbers that show a key benchmark hitting a four-year low, hailing it as vindication against the naysayers who ...

There is now a "healthy debate" within the Federal Reserve about whether any inflation triggered by President Trump’s tariffs ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Aimee Picchi is the associate managing editor for CBS MoneyWatch ... a wait-and-see approach on Mr. Trump's tariffs, which he said could boost inflation and blunt economic growth.

E.l.f. said in an Instagram post this month that it would raise its prices by $1 starting in August as it tries to manage ...

Polls show Republicans aren’t really breaking with Trump on his recent moves on tariffs, even as consumer confidence has taken a hit and business leaders have expressed deep uncertainty. A CBS ...

Tariffs could add 2.25% to a core inflation measure over the next year, reversing progress against price pressures since 2024, according to a new estimate. Economists were divided on whether ...

WASHINGTON — Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation ...

New Consumer Price Index data shows inflation is still affecting Americans and depicts the initial effects of President Trump's tariffs. CBS MoneyWatch correspondent Kelly O'Grady reports.