Businesses in the U.S. are warning of price hikes due to Trump's tariffs, but recent data shows only a limited impact on inflation. Learn how this could change in the coming months!
In May, inflation rose less than anticipated, with consumer prices increasing by 0.1% and the annual rate hitting 2.4%. While initial data shows a respite for consumers, experts warn about future tariff impacts on prices.
The US economy added only 139,000 jobs in May, showing signs of slowdown as businesses navigate uncertainty from the ongoing trade war. The unemployment rate remained steady at 4.2%, but federal job cuts raise concerns.
In April, US job openings rose to 7.39 million, defying expectations of a decline. This increase may indicate a resilient labor market amidst economic uncertainty, but rising layoffs raise concerns.
April's inflation rate declined unexpectedly to 2.3%, sparking discussions on the impact of President Trump's tariffs and potential interest rate cuts. What does this mean for consumers?
In a surprising turn, US employers have reduced their hiring plans, with federal government layoffs reaching the highest levels in over four years. The latest labor data reveals a concerning drop in job openings, signaling potential economic turbulence ahead.
