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Contrary to Trump’s claim, not all prices are “down” and inflation isn’t “dead.” Based on the CPI, the inflation rate was 2.7 ...
US consumers continued to spend in June despite tariff-related price hikes. Consumer spending rose 0.3% from May, according to Commerce Department data released Thursday.
During a Friday appearance on Fox News, anchor Sandra Smith pressed Mike Nellis, once a Senior Advisor to former Vice President Harris, on the latest economic data.
Fox News host Sandra Smith stumped former Vice President Kamala Harris’ Senior Adviser Mike Nellis by asking him what the ...
The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...
TOKYO--A slight easing in Japan's consumer inflation is welcome news for the central bank, but stubbornly high food prices will be of concern for policymakers whose hands remain tied by tariffs ...
A slight easing in consumer inflation is welcome news for the Japanese central bank, but stubbornly high food prices will be of concern for policymakers.
After May's steep drop in retail sales, spending picked back up in June, rising 0.6%, according to new census data out Thursday.
WASHINGTON -- U.S. wholesale inflation cooled last month, despite worries that President Donald Trump's tariffs would push prices higher for goods before they reach consumers.
The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.
Wholesale prices can offer an early look at where consumer inflation might be headed.