Inflation spiked in August as Trump’s tariffs went into full effect ... and that’s not all the bad news for economy

Increases in the costs of food, shelter and energy caused inflation to spike and increase the likelihood of an interest rate cut ... Read More

Inflation climbed in August as Trump's tariffs intensified

Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's tariff policy intensified. The reading matched economists' expectations. Read More

ExplainSpeaking: How Trump’s tariffs are hurting the US economy

Trump and his supporters have claimed that far from the apocalyptic collapse many mainstream economists foresaw under the new tariff regime, the US economy has remained robust. We evaluate this claim ... Read More

Inflation heats up in August as Trump tariffs ripple across economy

Axios Visuals The Consumer Price Index rose in August, though a gauge that excludes food and energy held steady, the Bureau of Labor Statistics said on Thursday. Why it matters: Overall inflation ... Read More

Trump makes good on threat to impose 50% tariffs on India imports

President Donald Trump made good on his threat to double tariffs on imports from India to 50%, a move that could endanger relations with one of America’s most important trading partners and send ... Read More

Majority says tariffs, inflation erasing hard work: Survey

A majority of Americans said in a new survey that tariffs and inflation are erasing their hard work. WalletHub’s poll, released Tuesday, found that 55 percent of U.S. adult respondents said they think ... Read More

August consumer confidence dips with jobs and tariffs driving most unease

WASHINGTON (AP) — Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. The Conference Board said Tuesday that its ... Read More

Trump's attempt to fire Lisa Cook makes stagflation in the US more likely, strategist says

The worst-case scenario for the US economy may have just inched a bit closer. Komal Sri-Kumar — the president of Sri-Kumar Global Strategies — is blaming President Donald Trump's latest escalation of ... Read More