Congress has enacted a significant rollback of green energy subsidies from the Inflation Reduction Act, expected to save $500 ...

Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who ...

Most business owners are feeling less pessimistic about a potential recession than earlier this year, but still say they're ...

Inflation has fallen dramatically since 2022, from 9% to just under 3%, getting closer to the Fed’s target of 2%. It was a ...

Firmer shelter inflation, which contributed to a stronger-than-anticipated rise in core inflation, makes a larger half-percentage-point rate cut less likely next week.

What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...

With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...

The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...

Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.

The Consumer Price Index increased from 2.4% in May to 2.7% in June year-over-year, according to the Bureau of Labor ...

Taken together, the impact of President Trump’s whirlwind six months back in office is showing up in the economy.The effect ...

Services inflation, especially rent and shelter inflation, continued to decline, offsetting rising core goods inflation that ...