Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...

Inflation rose by three tenths of a percentage point to 2.7% for the year ending in June, the Bureau of Labor Statistics reported Tuesday in an update to the consumer price index. Forecasters had ...

NEW YORK (Reuters) -Large U.S. banks expressed optimism about the investment banking outlook for the rest of the year after ...

Large bank earnings also came in mixed or lower, forcing investor sentiment slightly lower.

(NEW YORK) -- Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald Trump's tariff policy took hold and some retailers warned they ...

The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.

The Dow Jones index wavered Tuesday after the CPI inflation report. Nvidia stock surged on AI chip sales to China.

The Consumer Price Index (CPI) for June came in hotter than May's report as the first signs of Trump's tariffs appeared in ...

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several months of cooling price pressures ...

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. "As President Trump said, he's not looking to fire chair Powell," ...