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US consumption remains resilient, with retail sales rebounding in June despite widespread fears of tariff-driven inflation. I ...
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AlterNet on MSNWhite House says economy is 'back on track' despite 'soaring' prices — Americans disagree
The White House on Monday asserted that new “data” proves the U.S. economy is “back on track,” but inflation—a leading ...
The central bank’s business outlook survey said business sentiment is "still subdued," but has improved from the sharp declines recorded in March and April 2025. It said 28% of firms are now planning ...
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 ...
WASHINGTON — Inflation rose last month to its highest level since February as President Donald Trump's sweeping tariffs are ...
Democrats are pushing a bill prohibiting price gouging at the federal level and giving the Federal Trade Commission another $1 billion and new tools to go ...
Americans are less worried about the economy and inflation as they shrug off President Donald Trump’s tariffs, according to the University of Michigan’s ...
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 ...
PepsiCo jumped 7% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant also ...
After May's steep drop in retail sales, spending picked back up in June, rising 0.6%, according to new census data out ...
Materials prices climbed again in June, according to the latest Producer Price Index, even without new levies that are set to ...
After an earlier pullback, consumers picked up their spending in June showing resilience despite anxiety high over tariffs ...
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