Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots
Shoppers look at school supplies at a Walmart in Dallas on August 12. – LM Otero/AP Americans ramped…
US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth
WASHINGTON (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from…
US wholesale inventories revised lower in July
WASHINGTON (Reuters) -U.S. wholesale inventories increased a bit less than initially thought in July, suggesting businesses were not…
China’s yuan rallies with central bank backing as worries mount over US dollar
A recent rally in China’s yuan has been primarily fuelled by stronger guidance from its central bank rather…
Key US inflation gauge holds mostly steady though core inflation ticks higher
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s…
US consumer spending strong in July; services inflation warms up
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased by the most in four months in July while…
Key US inflation gauge holds mostly steady though core inflation ticks higher
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s…
Here are 5 things that will likely get more expensive in 2025
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