Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week in office.
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ... Even as the broader inflation index picked up, a measure that strips out volatile food and gas items climbed less than expected.
Here are five economic forces that could shape the first year of Trump's presidency: Whipping inflation is easier said than done.
President Trump campaigned on the promise to bring down the U.S. cost of living. That could be easier said than done.
Despite the 2024 campaign rhetoric, Joe Biden is leaving Donald Trump a healthy economy that may be better off left alone.
Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and energy prices.
After officially taking office earlier this week, President Donald Trump ordered “emergency price relief” for Americans on housing costs and other living expenses.
Traders should keep watch on US Retail Sales data on Thursday, as it could increase volatility to Bitcoin price.
That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid tariffs on exports to the United States because of the current USMCA trade agreement which Trump signed in his first term,
Rep. Alexandria Ocasio-Cortez (D-N.Y.) said amid fears of a trade war with Colombia on Sunday that President Trump “is all about making inflation WORSE for working class Americans, not better.”
The price of a European package holiday has risen by up to 11.5% in the past year, analysis has found. Meanwhile, our daily feature today is What it's really like to be a... dentist. Leave a comment on any of our posts in the box below.