News

Are tariffs to blame for rising inflation? Experts weigh in
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price ...
Tariffs Are Quietly Doing Damage on Inflation. More Is to Come.
A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s bid to assert control over the Federal ...
Americans No Longer Trust Trump To Handle Inflation
President Donald Trump swept into office in January with a promise to tackle what he called the "inflation crisis" that had kicked off under his predecessor. "I will direct all members of my cabinet ...
Elizabeth Warren targets price gouging and Trump in new bill as tariff costs, inflation increase
Elizabeth Warren introduces a price gouging bill to target big companies that use market shocks including a trade war to push through excessive price increases.
As inflation ticks up, Trump announces trade deal with Indonesia, 19% tariff
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a ...
More Tariff Shock To Come? June Inflation Numbers Reveal Alarming Trend | What's Moving Your Money
On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the latest June CPI report showing a continued trend of upwards inflation—and warns that President Trump's tariffs, which haven't ...
The tariff-driven inflation that economists feared begins to emerge
WASHINGTON (AP) — Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, ...