The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade ...

Tariffs and inflation are hitting holiday shoppers in the wallet. 2 News Oklahoma's Cathy Tatom listens to what the experts ...

Speaking at the DealBook Summit, Mr. Bessent said American trading partners are opening their markets to the United States ...

NBER finds tariffs raised inflation 0.7 points, adding pressure to American budgets.

The annual inflation rate for August — which was 2.9% — would have been 2.2% without tariffs, the researchers said, putting the U.S. “much closer to the Federal Reserve’s inflation target” of 2%.

Fed chair Jay Powell has said the Fed expects tariffs to only temporarily lift inflation, though the one-time increase in price level could be spread over several quarters.

American companies that depend on imported materials are increasingly signalling that President Trump’s sweeping tariffs may have reached an economic and political limit. Across industries, firms have ...

Earlier this month, the Supreme Court heard arguments over the legality of President Trump’s tariff policies. Based on the justices’ questioning, it appears the court is skeptical that a president has ...

Businesses and consumers report higher prices across the supply chain as Trump’s tariffs push up the cost of food, gifts, and holiday essentials.

(Corrects to remove extraneous character in paragraph 14) By Savyata Mishra and Arpan Varghese Dec 3 (Reuters) - Retailers are trying various strategies to counter the drag from inflation and tariffs, ...

Treasury Secretary Scott Bessent predicted on "Face the Nation with Margaret Brennan" that it will be a "strong holiday ...

Swiss inflation flatlined in November as cheaper energy and imports pressured the franc ahead of the Swiss National Bank’s ...