Key Takeaways. Inflation was cooler than expected in May, with prices rising 2.4% on an annual basis. The impact of President Donald Trump’s new tariffs was more muted in the data compared with ...

Pre-Tariff Rush to Buy New Cars Is Over—and So Are Incentives GM and Hyundai sales are up, while Tesla’s sales slide 15.2%. And it might take awhile before you see 2026 models.

U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again ...

Economists warned that a barrage of new U.S. tariffs could trigger a renewed bout of inflation. So why aren't prices surging?