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Inflation remains stubborn as Trump tariffs take hold
Stocks surged and investors' rate cut hopes climbed following Tuesday's better-than-expected inflation report. But simmering beneath the surface is an increasingly complicated economic picture. Ron Insana and David Gura join the 11th Hour to discuss.
Corporate America’s effort to boost margins and sustain US stock gains faces a key hurdle: a widening gap between consumer ...
St. Louis Federal Reserve President Alberto Musalem told CNBC on Monday that tariffs are feeding through to inflation, which is running close to 3%. "Expecting most of the impact of tariffs on ...
But this narrative is likely wrong: Import duties don’t automatically fuel broad inflation. Economists have missed a lesson ...
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems ...
In California, a new report estimates that auto insurance rates could rise significantly in the second half of 2025 with a ...
Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product ...
Annual inflation stayed steady in July at 2.7% and rose 0.2% from June. But “core” inflation that doesn’t include volatile ...
“Trillions of dollars are being taken in on tariffs,” Trump wrote on Truth Social, suggesting his levies have “not caused ...
In Asia, Japan +2.2%. Hong Kong +0.3%. China +0.5%. India -0.5%. In Europe, at midday, London +0.1%. Paris +0.2%. Frankfurt ...
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