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The United States dollar is suffering its worst start to a year in more than five decades, likely triggering a price hike for ...
US employers added 147,000 jobs in June despite Trump's tariffs, federal layoffs and immigration crackdown; unemployment at 4 ...
In his stinging monthslong campaign to badger Federal Reserve Chair Jerome Powell into lowering interest rates, President ...
The greenback weakened 10.7% in the first six months of the year compared to a basket of currencies from major trading ...
The euro increased to its highest since 2021 against the US dollar on Tuesday after annual inflation in the eurozone hit the ...
A key reason for last month’s drop in overall inflation was the third drop in gas prices in the past four months: Average gas prices fell 0.6% from July to August and are down 10.6% from a year ago.
It has continued to slide even as President Trump has backed down from his tariff threats and the U.S. stock market has ...
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong direction and to its highest rate since June of last year.
The U.S. dollar was just above its lowest level in 3-1/2 years against the euro and sterling on Friday, with traders ramping ...
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
The headline index was up 2.3% year-over-year, as expected.
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut back on their spending last month. Prices rose 2.3% in May compared with a ...