14 h. 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

14 h. 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

15 h. 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

15 h. ago US inflation holds steady at 2.7% in July despite Trump’s tariffs

Figure confounds expectations of acceleration driven by US president’s duties

Economics

16 h. 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

4 d. ago Why Trump's tariffs could be a disaster for Brazil's acai industry and American consumers

Prices of acai smoothies and bowls look certain to go up in the U.S. as President Donald Trump imposed 50% tariffs on Brazilian exports in July and threatened the delicate balance of supply and demand that holds the industry

Politics

5 d. ago China's exports and imports picked up in July, helped by the pause in Trump's higher tariffs

China has reported its exports surged 7.2% in July from a year earlier while its imports grew at the fastest pace in a year, as businesses rushed to take advantage of a truce in President Donald Trump's trade war with Beijing

Politics

7 d. ago Trump’s shock new tariff move could add $80 to Scottish products sold in the USA, says Parcelhero

Despite previously announcing that the US would keep its de minimis tariff threshold until July 2027, President Trump is now set to scrap it at the end of this month. That means all goods worth $800 or less entering the US from Scotland and the rest of the UK will no longer be exempt from US tariffs, says the international delivery expert Parcelhero. However, there are two hacks that will help senders avoid the worst impact of the new duties.

Politics

8 d. ago The vast majority of US adults are stressed about grocery costs, an AP

A new poll finds the vast majority of U.S. adults are feeling some stress about the cost of groceries, as prices continue to rise and concerns about the impact of President Donald Trump’s tariffs remain widespread

Politics

4 w. ago Bitcoin price continues historic rise as it blasts through records

Bitcoin has rocketed through historic highs as the crypto market continues to make record gains.

Politics