As a Trump White House fact sheet noted, the United States has the “lowest average tariff rates in the world” and in 2023, was saddled with a $1 trillion trade deficit in goods. Not surprisingly, this ...

Federal Reserve Chair Jerome Powell acknowledged last week that inflation had started to rise "partly in response to tariffs.

U.S. consumer spending rebounded less than expected in February while a measure of underlying prices increased by the most in ...

In ten years’ time Singapore wants to import a third of the power it consumes this way. At a time of rising geopolitical and ...

The call to action — or rather inaction — is asking that American consumers refrain from making any purchases at major retailers on Friday, Feb. 28. The protest comes as people continue to ...

This prompted central banks to undertake the most aggressive and synchronized monetary policy tightening in 40 years. While their efforts managed ... It’s accompanied by a decrease in purchasing power ...

My trusty spreadsheet looked at a study by Upgraded Points, a financial information website, which eyeballed pay and price ...

Most economists have advocated broad and fundamental reforms to foster greater confidence and build consumer purchasing power. Hong Kong’s Hang Seng rose 0.8 percent to 21,144.86, and the ...

They estimate Trump’s proposed tariffs could increase the cost of these items in the range of 12.6% to 20.6%, and that it equals a loss in consumer purchasing power of between $13.9 and $20.4 ...