Inflation eased in April, cooling to a four-year low, according to the Labor Department. The annual Consumer Price Index now stands at 2.3%, the lowest since February 2021.
Read More April Inflation Report: Tariffs Didn’t Hit As Hard, Inflation Hits 4-Year Low
Former Vice President Mike Pence slammed President Donald Trump’s stance on the Russia-Ukraine war, along with his tariff policies.
Read More CNN Interview: Mike Pence Criticizes Trump’s Stance On Ukraine-Russia War, Tariff Policies
The latest GDP numbers show the economy shrank by 0.3% last quarter, raising concerns about whether this is a retreat or a reset.
Read More Mixed Economic Signals: Shrinking GDP, Inflation Cooling, Soaring Debt, and Trump’s Optimism for Future Growth
Fast-food chain McDonald’s reported its worst quarterly sales numbers in the United States since 2020.
Read More McDonald’s U.S. ‘Same-Store’ Sales Plunge To Lowest Levels Since COVID-19 Era
President Donald Trump will be marking his first 100 days in office for his second term on Tuesday evening with a speech in Macomb County, Michigan, which is just outside of Detroit.
Read More Trump To Celebrate First 100 Days With Michigan Speech
Consumer confidence dropped in April, reaching its lowest point since the summer of ‘Biden-flation’ in 2022, reflecting Americans’ growing unease with the economy.
Read More Consumer Confidence Drops, But Apple to Shift Production to India and China Tariff Cuts Amid Trade Tensions