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What’s ahead for U.S. economy as global market reacts to Trump’s tariffs
The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy.
Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to ...
The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring ...
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CBO: Trump's tariffs might save trillions but shrink your walletThe Congressional Budget Office (CBO) reveals that while Trump's tariffs could reduce the federal deficit by trillions, they ...
"We've had a couple of months of quite good economic reports" with inflation coming down. However, those are backward-looking ...
Unpredictable White House tariff rhetoric and its impact on currency markets, oil prices and the inflation outlook have put ...
The federal government is scaling back data collection used to calculate the inflation rate. Economists warn that could make ...
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
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CBS's Margaret Brennan challenged Scott Bessent on Trump's tariffs, as retail giants warn of price hikes despite inflation ...
Goolsbee: Business leaders in the Midwest are waiting to see the full impact of tariffs, with some expressing guarded ...
The cost-of-living adjustment is important for retirees on Social Security to keep up with rising costs of living. Find out ...
Key Takeaways Tariffs' effects haven't shown up in official inflation measures yet, but retailers have said they are raising ...
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