Americans face price hikes from Trump tariffs on China, Canada and Mexico, admits his commerce chief - China announces it ...

Wall Street investors, retail executives and economic analysts are sounding growing alarms that the new administration’s ...

Scott Bessent had also said that inflation and higher interest rates are unlikely to occur despite the tariffs.

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...

Target Chief Executive Brian Cornell said its shoppers would likely see price hikes in its stores "over the next couple of ...

Trump has said he thinks foreign countries pay the import taxes, which are actually borne by American importers and consumers ...

Headline US inflation fell to 3.2% in the year to October 2023 from 3.7% a month earlier, reducing the likelihood of an interest rate hike by the Federal Reserve at its final meeting of the year ...

Cardoso noted that while the International Monetary Fund (IMF) has maintained its global growth projections at 3.3 per cent for 2025 and 2026, emerging risks such as geopolitical tensions, supply ...

U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal ...

But if the cars are being imported to U.S, then exported to us, the inflation rate will be unbearable for car dealers like me." Importers aren't the only ones affected. Vehicle prices in Nigeria ...