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Utility Bills Trump announced a targeted tariff to add a 25% duty on aluminum and steel imports, including from Canada and Mexico. During his previous term, he acted similarly, with a 10% tariff ...
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Excluding ...
Gasoline averages in the Golden State jumped $0.41 over the past month to $4.85 per gallon, about $0.20 higher than a year ago. Washington state also saw prices at the pump jump roughly $0.22 over ...
U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0 ...
Last month, the cost of eggs soared 15.2%, the latest in a flurry of increases amid a two-year bird flu outbreak. Bacon jumped 4.1%; fresh fish and seafood, 1.6%; and chicken, 0.3%. There was some ...
The S&P 500 sunk 2.9%. Among the key signals from the Fed include a higher terminal interest rate projection of 3% rather than 2.875%, and an increased inflation forecast of 2.5% next year. Both ...
It last month projected only two quarter-point rate cuts this year compared to the four it had forecast in September. Soaring inflation expectations factored into the 5.25 percentage points worth ...
Americans said they expected higher inflation over the longer run last month, as their expectations of credit turbulence rose to the highest level since April 2020, the Federal Reserve Bank of New ...