News

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 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 ...
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 ...
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 ...
How Markets Are Reacting to the June CPI Data, in Charts
Take a look at how various financial markets are trading after the release of June's consumer-price index: Treasury yields, ...
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 ...
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 ...
Why the June CPI Isn’t a Gamechanger for the Fed
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...