News

Inflation is rising but some experts says tariffs might not be the main culprit
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product ...
Will Trump chicken out on higher tariffs and firing Powell?
Lifted a ban on sales of powerful computer chips to China, potentially helping the US’s top rival close the gap in the AI race. Told GOP lawmakers he would soon fire Federal Reserve Chair Jerome ...
Trump’s tariffs are turning into a ‘mosaic’ that will be ‘idiosyncratic,’ Morgan Stanley says, projecting a $2.7 trillion haul over 10 years
The average effective tariff rate has been around 16%, Morgan Stanley Wealth Management calculates, 5 times higher than the past average of 3%.
Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s bid to assert control over the Federal ...
As inflation ticks up, Trump announces trade deal with Indonesia, 19% tariff
Indonesia also has agreed to purchase billions in U.S. energy, agriculture products and airplanes, Trump said July 15 in a ...
The tariff-driven inflation that economists feared begins to emerge
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
More Tariff Shock To Come? June Inflation Numbers Reveal Alarming Trend | What's Moving Your Money
On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the latest June CPI report showing a continued trend of upwards inflation—and warns that President Trump's tariffs, which haven't ...
Dollar rides Treasury yields higher as Trump's tariffs begin to bite
The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S.