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Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
April personal consumption expenditure inflation was up just 0.1% for an annual rate of 2.1%, according to a Friday Bureau of ...
The U.S. trade deficit in goods narrowed sharply in April as the boost from the front-running of imports ahead of tariffs ...
American consumers reined in their spending and socked away their money in April following a tariff-fueled buying binge the month before, according to new data released Friday that also showed ...
U.S. inflation was benign in April, with retailers likely still selling inventory accumulated before the tariffs. The ...
U.S. hiring remained sturdy in April as the economy added 177,000 jobs despite jitters over President Donald Trump’s massive import tariffs and widening federal government layoffs. But payroll ...
Ford reported April U.S. sales rose 16% to 208,675 vehicles sold. Ford said sales of electrified vehicles, which includes hybrids, increased 8.4% to 28,190 in the month. The company offered ...
The U.S. collected $7.6 billion more in customs duties in April than it did in March, the Treasury said Monday, as revenue from tariffs on imported goods ramped up sharply. Gross customs duties ...