Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy. Data released Friday showed that consumers slashed their spending by the most since February 2021,

On the California-based roadbuilder’s fourth quarter earnings call, CEO Kyle Larkin said the market was among the strongest he’s encountered, though inflation looms.

Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy. Data

If Washington follows through on latest trade threats, it would worsen inflation in the US and ‘backfire on its own economy and job market’, Ministry of Commerce says.

U.S. stock indexes are heading for another drop following the latest signal that inflation, tariffs and other policies coming from Washington have U.S. consumers feeling more pessimistic about the eco

The economic consensus of the moment is that higher prices are the same as inflation, and the Fed is the only governmental entity situated to bring down higher prices. It’s a dangerous consensus. Prices are how a market economy organizes itself.

Republicans, who got elected because of economic woes, claim that Democrats talking about inflation now is an “embarrassing display of fake outrage."

The CPI report for February to be reported in March is expected to show cooling inflation per nowcasts, but even so the FOMC may remain patient in cutting rates.

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled back their spending by the most in nearly four years.

Inflation fell a tenth of a percentage point to 2.5% for the year ending in January, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. The decline in the personal consumption expenditures index from 2.

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged

SEATTLE — The Trump Administration's tariff strategy is expected to hit Washington consumers hard, affecting everything from groceries to home construction. Proposed 25% tariffs on goods from Canada and Mexico are due to take effect March 4, in addition to tariffs on the European Union already announced.