Tag: Inflation

Trump's latest tariff plans on steel, aluminum and other imports are spreading uncertainty

WASHINGTON -- President Donald Trump plans to on Monday formally announce 25% tariffs on steel and aluminum imports as part of an aggressive...

Bank of England expected to cut key UK interest rate to 4.50%

LONDON -- The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday, even...

Fast fashion, laptops and toys are likely to cost more due to US tariffs on Chinese imports

A sweeping new U.S. tariff on products made in China is expected to increase the prices American consumers pay for a wide array...

US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy

U.S. job openings fell in December, a sign that the labor market is cooling but still healthy.Openings fell to 7.6 million, from 8.2...

White House says Trump tariffs on Canada, Mexico and China will come Saturday. No word on exemptions

WASHINGTON -- President Donald Trump will put in place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from...

U.S. inflation ticked higher last month, in latest sign of persistent price pressures

WASHINGTON -- An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain...