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Importers typically offset the tax burden in the form of higher prices for shoppers, though so far tariff-induced price increases have proven marginal. The overall inflation rate stands at 2.7%, below ...
EXCLUSIVE: Global economic growth has held up better than expected when the threat of high tariffs loomed.
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...
The Dow Jones Industrial Average hit an all-time intraday high on Friday, making it the last of the three major U.S. indexes ...
Fresh worries about inflation soured Americans on the economy in early August, underscoring lingering anxiety about the ...
No one — not Fed Chairman Jay Powell nor all the talking heads on Bloomberg and elsewhere who have blasted President Trump’s ...
Strong corporate earnings, mostly stable tariff rates and the expectation of interest rate cuts have eased worries of a ...
New research suggests the actual tariff rates are well below what economists have suspected.
U.S. wholesale inflation surged unexpectedly last month as President Donald Trump’s sweeping taxes on imports are pushing ...