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Inflation barely rose last month as cheaper gas and cars offset some costlier imports
U.S. inflation edged up to 2.4% in May, with groceries rising but gas and rent costs falling. Trump’s tariffs haven’t hit prices hard—yet.
Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%
President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast.
U.S. adds 139K jobs amid trade war uncertainty
U.S. employers added 139K jobs as hiring slowed. Trump’s trade policies stir economic fears, though recession signals remain unclear.
US stocks drift as S&P 500 flirts with its first drop in 7 days
U.S. stocks slipped as Wall Street rally loses steam. Travel stocks fell, quantum tech soared, and tariff, debt fears continue to pressure markets.
Wall Street drifts lower as S&P 500 flirts with its first loss of the week
U.S. stocks fall as trade war uncertainty persists. Oil prices drop amid possible Iran deal. Market reacts to mixed economic and corporate signals.
Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
U.S. inflation cooled to 2.3% in April, its lowest in four years, despite new tariffs. Economists expect price hikes by summer as trade effects deepen.
Fed holds interest rate at 4.3% amid tariff and inflation uncertainty
The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.
Fed holds rates steady amid tariff-driven inflation risk
The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.
Federal Reserve likely to defy Trump, keep rates unchanged this week
The Federal Reserve is expected to hold interest rates steady despite pressure from Trump and tariff concerns, as inflation remains above target.
U.S. adds 177K jobs despite trade war, hiring slows
U.S. employers added 177,000 jobs in April, beating expectations. Labor market remains resilient despite trade wars, tariffs, and federal job cuts.
Trump’s tariffs echo Hoover-era economic missteps
Trump's 2025 tariffs trigger market turmoil, drawing comparisons to Hoover's Depression-era policies and warnings from economists and business leaders.
US consumer confidence plunges to lowest in 5 years on tariff worries
Consumer confidence in the U.S. fell for a fifth straight month, hitting the lowest level since 2020 amid rising tariff concerns and recession fears.
