Inflation ticked slightly higher in May amid Trump tariffs

(WASHINGTON) -- The U.S. Consumer Price Index released on Wednesday showed May inflation ticking slightly higher, rising 2.4%, in line with expectations.The report amounted to the latest test for President Donald Trump's tariffs as some retailers and economists warn the policy will raise prices.So... Read More.

Inflation is dropping but these prices are still soaring

(NEW YORK) -- Inflation cooled in the aftermath of President Donald Trump's "Liberation Day" levies last month, dropping to a four-year low and defying fears of tariff-driven price hikes, government data this week showed.Even egg prices -- a symbol of rising costs -- fell... Read More.