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Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...
Reuters on MSN19m
Inflation rises in June as tariffs likely hit consumer pricesU.S. consumer prices increased by the most in five months in June amid higher costs for some goods, suggesting tariffs were ...
The data follows signs of an improving job market in June, even as tech giants and other large companies slash jobs in an effort to cut costs, and the Trump administration warns of looming cuts to ...
Top-line inflation figures for June landed in line with analysts' expectations, but under the surface, rising prices for some goods suggested that tariffs could drive further price increases ahead.
Rep. Greg Murphy (R-N.C.) admitted on Tuesday that President Donald Trump’s threat of tariffs has been “hard for some” in his ...
Metro Phoenix continues to have the lowest inflation of any major U.S. city. The 0.2% climb in consumer prices here compares ...
A 30-year Treasury yield that rises above 5% tends to be negative for stocks because of the way it impacts borrowing rates for households and businesses. The yield is used as a benchmark on everything ...
Mike Waltz, President Donald Trump's nominee for U.S. ambassador to the United Nations, is facing questions from lawmakers Tuesday for the first time since he was ousted as national security adviser ...
Clothing prices jumped by 1% in June, contributing to a rise in inflation during the month. Imported clothing is one area ...
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
U.S. stocks are drifting higher following some mixed data on inflation and profits at some of the biggest U.S. banks.
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