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U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive buying of goods like motor vehicles ahead of tariffs faded, while monthly inflation increases remained moderate.
New federal data showed that inflation edged up in May, but U.S. prices show only modest impact from U.S. tariffs.
Inflation rose in May, fueling concerns about tariffs and strained U.S. consumers. Personal income and spending both dropped, ...
The increase, reported Tuesday, may be small comfort to nonprofits that in 2025 experienced a significant drop in federal ...
A sustained jump in oil prices would have posed quite a dilemma for the Reserve Bank. Generally a shock that adds to ...
Charitable giving was up in 2024. But nonprofits are grappling with a very different — and challenging — fundraising ...
While some consumer goods have become increasingly out of reach for Americans, deflation wouldn’t be good for the economy ...
Despite widespread fears to the contrary, President Donald Trump's tariffs have yet to show up in any of the traditional data points measuring inflation ... Durable goods, or long-lasting items such ...
Historically, inflation has been a killer for U.S. stocks. 2025 will be no different if tariffs cause a significant spike in inflation beyond what the market is currently pricing. In this article ...
On April 29, 2025, Catherine Austin Fitts, a former Bush administration official, appeared on the Tucker Carlson Show and explained the major causes of global inflation.