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Trump’s economy hasn’t blown up under tariffs like many experts predicted — even US inflation is steady. Is he really proving the naysayers wrong?
While the tariffs haven’t quite pulled in “ trillions of dollars ” in government revenue as the President claims, inflation hasn’t skyrocketed either. Consumer prices in July were 2.7% higher than the ... Read More
Prices, unemployment up: Even Fox News poll shows voters think Trump screwed economy | Opinion
President Donald Trump promised a new Golden Age. But eight months into his term, grocery prices are rising, along with inflation and unemployment. Read More
Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain. By Lydia DePillis At the moment, the American economy feels a little bit like a hot August ... Read More
4 reasons why the Trump tariffs haven't caused U.S. inflation to soar
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ... Read More
‘Sneakflation’: How Trump’s tariffs are gradually raising costs for American consumers
When tariffs are tacked on to many imported goods, someone’s got to foot the bill. According to President Donald Trump, foreign countries and overseas businesses are eating the cost. But evidence ... Read More
3 big things you need to know about the economy following today's brutal jobs report
David Kelly, the chief global strategist at JPMorgan Asset Management, described the Bureau of Labor Statistics' new jobs report in one simple word: "ouch." There were several pain points: The US ... Read More
3 big things you need to know about the economy following today's brutal jobs report
Today's jobs report showed more pain in the labor market, including lower-than-expected job growth. Markets expect an interest-rate cut, given that the new report reinforces a more frozen job market. Read More
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