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Inflation held steady in July as tariffs ripple through prices
New inflation figures released Tuesday added to signs that President Donald Trump’s tariffs are driving up the cost of everyday goods, even as lower energy prices helped temper overall increases. The Labor Department’s consumer price index for July showed that the annual pace of inflation remained at 2.
Prices for everyday goods and services are still climbing — and last month’s jump was the fastest in five months, according ...
President Donald Trump instituted tariffs that he said would help boost American manufacturing, enabling businesses to offer ...
Cohn, a longtime tariff critic, says the economy looks good if you focus on topline data, but people are holding onto jobs ...
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Stock Market News Review: SPY, QQQ Plunge on Concerning Jobs Report and Trump’s New Tariff Rates
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed Friday’s trading session deep in the red following an ...
Henkel CEO Carsten Knobel tells CNBC Silvia's Amaro the consumer goods group's "in the region, for the region" strategy has limited the impact of trade tariffs. But he expects the latest EU-U.S. trade ...
Overall, the better-than-expected labour market data has boosted the pound on Tuesday, and bond yields are slightly higher.
Bengaluru: As AI-driven efficiency gains increasingly impact deal wins, triggering steeper rate cuts, the 25% additional ...
Oil prices ticked higher on Thursday, lifted by a sharp drop in U.S. crude inventories and renewed trade tensions following ...
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