CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...

Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to ...

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...

Consumer spending slowed despite rising incomes, potentially an early reaction to higher prices on some imported goods.

Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

Prices are cooling even though President Trump’s trade war is dragging on and businesses keep threatening to raise their ...

Federal Reserve Bank of Chicago President Austan Goolsbee warned that new tariff policies would drive up prices, though their inflationary impact could be temporary.

Fed policymakers were less concerned about rising unemployment, the minutes from this month’s meeting showed, a key reason ...

Fed officials, who focus more on core prices, broadly support keeping their key interest rate steady while they evaluate the impact of the tariffs on inflation and jobs. The court ruling last ...

Inflation cooled for the third straight month in April even after some of President Donald Trump’s tariffs took effect, though economists and many business owners expect inflation will climb by this ...

WASHINGTON (AP) — A key U.S. inflation gauge slowed last month ... The big increase in durable goods prices could reflect the early impact of tariffs. Americans also cut back their spending ...