7 d. ago Postal services around the world suspend deliveries to US: how will it affect you?

Suspensions from Australia to Europe come after Donald Trump removed a rule exempting parcels worth less than US$800 from his tariffsPostal services around the world have stopped sending some mail to the United States as they ready for expanded tariffs, after Donald Trump removed an exemption on packages worth under US$800.Carriers have been temporarily suspending services since Friday to avoid delivering packages after 29 August, when they will start to be charged full tariff rates for most parcels. Continue reading...

Politics

3 w. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kicking in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

3 w. ago Core inflation jumps as consumers face higher prices with Trump’s tariffs kick in

Cost of food remains unchanged and energy goes down - but other key items like rent and used cars see prices increase as Trump resumes his tariff regime

Economics

3 w. ago Core inflation jumps as consumers face higher prices as Trump’s tariffs start to take effect

The report is the first major economic indicator report since Trump fired the the chief statistician for the Bureau of Labor Statistics

Economics

3 w. ago US prices continued rise in July as Trump tariffs impact consumer costs

Prices were 2.7% higher last month compared with a year ago, and core inflation went up at a higher pace than what was seen in JuneUS prices continued to rise in July, according to key economic data released on Tuesday, as Donald Trump’s international tariffs shakeup started to impact consumer costs.Prices were 2.7% higher last month compared with a year ago, according to the consumer price index (CPI), which measures the prices of a basket of goods and services. Though inflation dipped down in the spring, the annualized inflation rate jumped up 0.4% since April. Continue reading...

Economics

3 w. ago Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Inflation likely ticked up in July for the third straight month as tariffs lift the cost of imported goods such as furniture, appliances, and toys, which could make it harder for the Federal Reserve to cut short-term interest rates as President Donald Trump has demanded

Economics