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On a monthly basis, prices climbed 0.3% from May to June, after rising just 0.1% the previous month. (Video via CBS News) ...
A broader political battle over Trump’s tariffs is emerging, a fight that will ultimately be determined by how the U.S.
Wholesale inflation in June, as measured by the producer-price index, surprised to the downside “as lower hotel rates and airfares offset tariff effects,” according to Comerica Bank’s chief economist, ...
President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, ...
Inflation rose in June while wages went down, driving down buying power for consumers across the economy, federal data show.
U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as communication and related equipment was offset by softening demand for travel services ...
U.S. stock indexes are drifting around their record levels following a better-than-expected update on inflation ...
Citi also raised its full-year revenue guidance to approximately $84 billion, the top end of its previous range ($83.1 billion to $84.1 billion). The bank also lifted its forecast for net interest ...
The bloc may find it hard to push ahead with trade in local currencies, given the threat of punitive US tariffs.
Asian stock markets were under pressure on Wednesday while the dollar climbed to its firmest against the yen since early ...
House deals a blow to “Crypto Week,” ASML warns on 2026 growth, a promising Chinese weight-loss drug, and more news to start your day.