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,
Senate Democrats have been insistent about the problem of inflation with President Donald Trump in the White House, but they
National Economic Council Director Kevin Hassett addressed the impact of DOGE dividend checks through cost cuts.
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
A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White House threaten that progress.
U.S. consumers cut back drastically on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by the White House could disrupt that progress.  Americans cut their spending by 0.
U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by the White House could disrupt that progress.
Congressional Republicans are ramping up scrutiny of the Federal Reserve, just as the central bank confronts stubborn inflation and broader questions about its role as a bank regulator.
Republicans, who got elected because of economic woes, claim that Democrats talking about inflation now is an “embarrassing display of fake outrage."
Meanwhile, the administration will proceed with tariffs on Mexico and Canada, which economists say will drive up prices for consumers.
Business are already feeling the brunt of Trump's tariff plans - they're costs are going up and new orders are suffering. Timothy Fiore, chairman of an ISM survey that tracks U.S. manufacturers, said the consumer price index and producer price index are "most likely going to to go up,