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!
U.S. stock futures fell as traders reacted to a preliminary U.S.-China trade deal and inflation data showing lower-than-expected consumer price increases. Major indexes closed lower, raising concerns over tariffs and market stability.
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.
In a stunning move, Cara Petersen resigns as the CFPB's acting enforcement director, criticizing the Trump administration's efforts to undermine the agency and its mission to protect consumers.
As the U.S. braces for a crucial inflation report, concerns mount over President Trump's tariffs and their potential to raise consumer prices. Major retailers like Walmart are hinting at unavoidable price hikes, signaling a shift in economic sentiment.
Snap is making a comeback with its new AR smart glasses, Specs, set to launch in 2026. Featuring advanced AI capabilities and a lighter design, these glasses aim to reshape the consumer AR landscape amidst fierce competition.
Walmart's fintech startup OnePay is launching two new credit cards in partnership with Synchrony, aiming to improve customer experience and expand financial services for millions. Explore this strategic shift in retail banking!
As U.S. equity futures remain stable, the S&P 500 inches closer to its all-time high. With key trade talks and tech events on the horizon, market watchers brace for a pivotal week ahead.
China's producer deflation hits its worst level in nearly two years, with consumer prices also declining. The economy struggles amid trade tensions and weak domestic demand, raising expectations for policy stimulus.
China's consumer prices have fallen for the fourth straight month, raising concerns about the effectiveness of Beijing's stimulus measures. With price wars in the auto industry and a deepening deflation in producer prices, experts warn that domestic demand must be revived to combat economic stagnation.
