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US producer prices jump in December as tariff pressures rise
U.S. producer prices rose 0.5% in December, the biggest gain in five months, as tariff pass-through and higher service costs lift inflation risks.
US inflation slows in November amid missing CPI data
U.S. consumer inflation slowed to 2.7% in November, but missing CPI data from a federal shutdown distorted the report, economists warn.
Trump imposes new tariffs on drugs, furniture, trucks
President Trump announced new import tariffs on drugs, cabinets, furniture, and trucks starting Oct. 1, raising inflation and trade concerns.
Wall Street rises as stocks snap 3-day losing streak
U.S. stocks rose Friday, ending a three-day slump as inflation matched forecasts. The S&P 500, Dow and Nasdaq gained, lifting Wall Street closer to records.
Fed weighs rate cuts amid inflation and political pressure
The Federal Reserve faces inflation, weak hiring, and political pressure as it meets this week to decide whether to cut interest rates by a quarter point.
Retail sales rise 0.5% in July as shoppers buy ahead of tariffs
U.S. retail sales rose 0.5% in July, driven by auto and furniture purchases as shoppers rushed to buy ahead of tariff-related price hikes.
