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New report shows U.S. inflation ticking up with Trump trade deal deadline looming
A new report shows inflation ticking up as President Trump's trade deal deadline for tomorrow looms. Trump continues to attack Federal Reserve Chair Jerome Powell as the Fed decided to keep interest rates unchanged.
Businesses got some clarity on Trump’s trade deal. They aren't reassured.
Businesses finally got a bit more certainty on the direction of President Donald Trump’s trade war, but it’s not making it much easier to digest. A half-dozen leaders from financial firms, corporations and trade groups said in interviews that the series of tariff rates Trump unveiled Thursday night were steeper than they had expected,
Trump’s new tariffs will hit these major trading partners
Here’s how Canada, Mexico, China and other countries fare under President Donald Trump’s plan to rebalance global trade.
The Latest: US Stock Market and Global Trade Partners React to Trump’s New Tariffs
President Donald Trump’s latest tariff moves have drawn worry from Wall Street as stocks slumped and Treasury yields fell sharply
In historic move, Trump escalates trade battles with sweeping new tariffs around the world
President Trump signed an order imposing sweeping new reciprocal tariffs on imports from across the world. The tariff rates go into effect in a week.
The Latest: Wall Street and US trading partners worldwide respond to Trump's new tariffs
U.S. trade partners reacted Friday to President Donald Trump's executive order now set to introduce new tariffs on many of them starting Aug. 7 — as the global economy faces another test from the president's chaotic trade agenda.
Inflation ticked up to 2.6% in June in Fed’s preferred gauge
Inflation rose three-tenths of a percentage point to 2.6% for the year ending in June, the Bureau of Labor Statistics ...
U.S. Inflation Data Rely More on Guesswork Than Previously Known
As much as 15% of the CPI might be based on estimates, rather than real-world price data, as federal hiring freeze ...
Inflation Rises, Narrowing Chances for a Fed Rate Cut
The core index that omits energy and food costs also rose by 0.3% in June, but the annual rate ticked up to 2.8% from 2.7% ...
Powell says upcoming jobs and inflation reports are key to potential interest-rate cut
Federal Reserve chief Jerome Powell said the likelihood of an interest-rate cut in September will depend on upcoming reports on jobs and inflation. "We'll get two full rounds of employment and ...
Dax Index News: Forecast Turns Bearish on Hot Inflation and Fed Rate Cut Doubts
Eurozone inflation and US Jobs Report in focus. Market outlook hinges on soft data to revive dovish bets and lift the DAX ...
The Daily Courier13d
The alphabet soup of inflation reports; which one matters most?
Are you aware that each month we receive three distinctly different inflation reports? Each with their own methodology in calculating, that can lead to a diverse array of reported outcomes.
foxbaltimore17d
Tariffs starting to show up at the store? New report shows inflation rise
And he doesn’t think inflation is finished rising for the year, predicting we could settle in at around 3.5% by the end of the year. "I don't think it's entirely a matter of tariffs," Kates said.
ECB's Cipollone says euro zone inflation risks balanced, newspaper reports
FRANKFURT (Reuters) -Risks to the euro zone inflation outlook remain balanced as the changes since June broadly offset each ...
Market Falters on Inflation and Tariff Jitters
The stock market couldn’t hold onto big gains in the wake of Microsoft and Meta Platform’s blockbuster earnings reports, as hot inflation and tariff jitters weighed on the major indexes. The Dow Jones ...
BEA: personal income and inflation both rose in June
The U.S. Bureau of Economic Analysis, or BEA, announced Thursday that personal income for Americans increased in June, but so did inflation.
Dollar rises while global stock index falls; inflation and tariffs in focus
The U.S. dollar index rose on Thursday while MSCI's global equities gauge fell as stronger-than-expected megacap earnings ...