In a troubling economic update, August's consumer price index rose at 2.9% while jobless claims reached their highest level since 2021, raising fears of stagflation as growth weakens.
The US has ended a crucial tariff exemption that allowed low-cost imports, impacting millions of shipments daily. Experts warn of rising prices and reduced options for American shoppers as businesses scramble to adapt.
Explore how recent tariffs are subtly influencing U.S. inflation rates. With businesses set to pass costs onto consumers and economists predicting rising prices, find out what this means for you.
The new tariffs imposed by President Trump are set to raise prices on everyday goods. Discover how these changes will affect your wallet, the job market, and the overall economy.
The U.S. economy rebounded with a 3% GDP growth in spring, following a contraction earlier in the year. However, experts warn of potential slowdowns as consumers face rising prices and trade uncertainties.
Japan's Prime Minister Shigeru Ishiba vows to stay despite losing majority in the upper house elections. With rising prices and political scandals, the future of his coalition hangs in the balance.
Japan's exit polls indicate the ruling coalition may lose its majority in the upper house, intensifying pressure on Prime Minister Ishiba. With rising prices and political scandals, will he survive this political storm?
As stock futures dip ahead of crucial earnings and inflation data, investors are on edge. With tariffs impacting the market and Nvidia's promise of AI chip sales to China, the tension builds. Will the Fed's patience pay off?
In a surprising twist, U.S. home sales edged up in May, defying expectations amidst high mortgage rates and rising prices. Despite this increase, affordability remains a major hurdle for many prospective buyers.
The U.S. housing market faces a significant slump, with May marking the slowest home sales since 2009. Despite a slight monthly increase, affordability issues persist, keeping buyers at bay amidst rising prices and high mortgage rates.
