Retail sales rebounded more than expected in June, but some of the increase likely reflected higher prices for some goods exposed to tariffs.
Read More US retail sales beat expectations in June
Tag: inflation
Wholesale costs hold steady despite tariffs — good inflation news
June’s Producer Price Index showed zero monthly change and a steady 2.3% yearly increase, signaling stable wholesale costs despite tariffs.
Read More Wholesale costs hold steady despite tariffs — good inflation news
Trump slams ‘Crooked’ Fox News for ‘wrong and negative’ polling: ‘MAGA HATES Fox News’
President Donald Trump took shots at the “Crooked Fox News” network for its alleged anti-Trump bias, asserting that “MAGA HATES FOX News.”
Read More Trump slams ‘Crooked’ Fox News for ‘wrong and negative’ polling: ‘MAGA HATES Fox News’
April Inflation Report: Tariffs Didn’t Hit As Hard, Inflation Hits 4-Year Low
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
CNN Interview: Mike Pence Criticizes Trump’s Stance On Ukraine-Russia War, Tariff Policies
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
Mixed Economic Signals: Shrinking GDP, Inflation Cooling, Soaring Debt, and Trump’s Optimism for Future Growth
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