Browsing: inflation
Starbucks’ CEO is ditching a merit system and giving all salaried staff a flat 2% pay raise instead
Starbucks will provide a flat 2% pay bump to all salaried employees in North America this year as the coffee…
Fed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged
WASHINGTON (AP) — Most Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the…
Trump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims
President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused…
Home Depot says customers are putting off larger home-improvement projects as stubborn interest rates and worries about the economy fester
Home Depot customers are putting their big home-improvement projects on hold as worries about the economy and interest rates have…
We still aren’t sure what’s going on with tariffs and inflation — or what will happen next
Months after President Donald Trump launched his trade war, economic data continue to give mixed signals on how much tariffs…
Trump is deporting so many immigrants that it could cause inflation to hit 4% next year, top economist says
Donald Trump’s new immigration policies—including deporting, the White House claims, about 750 immigrants a day on average—are helping drive up…
You’re welcome, world: U.S. tariffs may cool inflation for the rest of the global economy
As American consumers and the Federal Reserve grapple with President Donald Trump’s tariffs and their effect on inflation, the rest…
The mighty American consumer keeps shrugging off tariffs as retail sales rise 0.5% in July
Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald…
U.S. wholesale inflation surged unexpectedly last month, signaling that President Donald Trump’s sweeping taxes on imports are pushing costs up and that…
Trump threatens legal action against Powell over Fed HQ, demands immediate rate cuts as inflation holds steady
President Donald Trump escalated his campaign against Federal Reserve Chair Jerome Powell just about an hour after the latest release…












