Inflation

Costco Wholesale Corp. (NASDAQ:COST) reported a mixed second quarter, acknowledging the impact of tariffs on its business but remained confident to mitigate challenges using its global buying power and supplier relationships to reduce price increases. What Happened: Acknowledging the impact of...

Retailers are facing selling pressure this week following warnings about continued consumer uncertainty and the potential impacts of tariffs. What To Know: Trade war fears are rising after President Donald Trump imposed 25% tariffs on imports from Canada and Mexico earlier this week. Trump also...

Editor's note: This story has been updated with additional details. The Federal Reserve's key inflation measure came in in-line with expectations on Friday, with headline PCE inflation marking its first slowdown in four months. The Details: The Personal Consumption Expenditures price index grew by...

The U.S. dollar’s recent slide has less to do with trade and more with the Fed’s indifference to rising inflation expectations, according to JPMorgan analyst Meera Chandan. The sharp drop in U.S. real yields, fueled by the Fed's hands-off approach, has pushed the greenback lower....

Economist Peter Schiff criticized the Federal Reserve’s 2% inflation target as a pretext for accommodative monetary policy, amid Fed Chair Jerome Powell‘s recent congressional testimony highlighting persistent inflation concerns. What Happened: In a post on X on Sunday, Schiff argued...

Americans’ confidence in the economy remains in solidly negative territory as Gallup’s Economic Confidence Index (ECI) holds steady at -19 for February, the same as January. This index measures both public evaluations of current economic conditions and their outlook on the economy...

The week was a whirlwind of economic and political events that kept the markets on their toes. From tariff concerns voiced by Sen. Mitch McConnell (R-Ky.) to Federal Reserve Chair Jerome Powell‘s firm stance on inflation, the week was filled with significant developments. Let...

President Donald Trump announced Thursday a roadmap for enacting reciprocal tariffs on countries that impose duties on U.S. goods. Despite the announcement, investors remained unshaken, as the move had been widely expected following Trump’s hints the previous week. Additionally, with the plan...

Egg prices have soared in recent months and stores are taking action to limit purchases in the wake of rising bird flu cases that could see costs continue to rise. What Happened: The cost of eggs was up 15.2% in the month of January, the largest increase since June 2015, which made the food item...

U.S. producer prices jumped more than expected in January, raising fresh concerns following a similarly stronger-than-expected consumer inflation report. Yet, a closer look at the data suggests the Federal Reserve may not have to hit the panic button just yet. According to Thursday's report from...

Inflation is back in the spotlight as broad-based price pressures hit U.S. producers in January 2025, fueling concerns that businesses will either absorb rising costs or pass them to consumers and dampening hopes for Federal Reserve interest rate cuts. The Producer Price Index surged 3.5% year...

After a hotter-than-expected Consumer Price Index (CPI) report, investors are preparing for another high-impact inflation release. On Thursday at 8:30 a.m. ET, markets will scrutinize the Producer Price Index (PPI) report for January, which sheds light on inflationary pressures at the production...

After a stellar 2024 and an outstanding first month of 2025, the world has again caught the gold bug. Geopolitical tensions, escalating tariff threats and fears of reappearing inflation have prompted demand for physical metal, causing disruptions, delays and sale suspensions. South Korea is the...

A hotter-than-expected inflation report initially rattled markets on Wednesday morning, but investors found confidence to buy the dip, helping major indexes recover most losses by midday trading in New York. The S&P 500 was down 0.2%, while the Nasdaq 100 was flat, both rebounding from sharp...

Federal Reserve Chair Jerome Powell reiterated a firm stance on the central bank's monetary policy path on Wednesday, indicating that while inflation is moderating, it hasn't cooled enough to justify rate cuts. Testifying before the House Financial Services Committee after addressing the Senate...