First, they raise costs for businesses and consumers; higher costs reduce consumer purchasing power and business profitability, leading to lower spending and investment. Second, the inevitable ...

U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as ...

Though this has limited the impact of tariffs on consumer purchasing power in the United States, it remains to be seen whether the other tariffs will eventually come into play, as well as whether ...

President Donald Trump's tariffs on Canada, China and Mexico will gut American consumers' purchasing power and shatter one of his key campaign promises — curbing inflation, Senate Minority ...

Businesses are facing significant obstacles due to persistent inflation, which increases costs and reduces consumer purchasing power. Economic uncertainty stemming from a potential recession ...

States like North Dakota could see unique effects under President Donald Trump’s approach to tariffs. Uncertainty lies ahead, ...