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.

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 ...

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.

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

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 ...

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 ...

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 ...

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.

The opinions expressed below are Jon Keller's, not those of WBZ, CBS News or Paramount Global. Nationwide, the inflation rate ... say the broad impact of tariffs won't likely be felt until June ...