News

June retail sales show people could still be stocking up over tariff concerns
The boost in June was driven in part by a 1.2% rise in sales of autos and auto parts. Clothing sales also saw a significant ...
U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices
Inflation accelerated in June as President Trump’s tariffs started to leave a bigger imprint on the economy, keeping the ...
Inflation Rose to 2.7% in June as Housing Costs Soared and Trump's Tariffs Kicked In
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 ...
Wholesale Inflation Flat in June, Down Year to Year
The report on producer prices adds to a mixed picture for inflation as the economy adjusts to the imposition of import ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Gas prices fell — but Long Island inflation rose in June as food, rent and daycare costs surged in NY
Consumer prices in the New York area, including Long Island, rose at a faster pace in June than in May, driven in part by ...
Inflation picked up in June as tariffs began to lift prices across the economy
The Labor Department’s consumer price index for June showed overall inflation rose 2.7 percent from June 2024. That’s up from ...
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Inflation disappeared at the wholesale level in June
The Producer Price Index (PPI) for final demand was flat in June, following a 0.3% rise in May and a 0.3% drop in April.   A ...
US consumer prices increase as expected in June
U.S. consumer prices picked up in June, likely marking the start of a long-anticipated tariff-induced increase in inflation ...