Consumers picked up their spending in June showing resilience despite anxiety high over tariffs and the U.S. economy.

U.S. import prices rebounded marginally in June amid cheaper energy products, but higher costs for consumer goods were consistent with a tariff-driven increase in inflation.

“The impact of tariffs is becoming more salient,” said Ernie Tedeschi, the director of economics at the Yale University Budget Lab, which has been closely watching Trump’s tariffs. “Apparel, which had ...

Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price ...

The report on wholesale inflation came a day after the Labor Department reported that consumer prices last month rose 2.7% ...

American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, ...

A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.

CNBC on-air editor Rick Santelli revealed on Wednesday that inflationary wholesale prices came in “better than expected” in June. Santelli told his viewers on “Squawk Box” that the latest wholesale ...

Traders are paring bets on near-term rate cuts, and Treasury bond yields are edging higher, amid stubborn underlying ...

Inflation has remained a thorn in the side of American consumers, with prices continuing to climb in key sectors. Despite former President Donald Trump’s promises to lower inflation starting from his ...

Vice President JD Vance’s recent remark appeared to not land as well as he intended.