On a "core" basis, which excludes volatile food and energy costs, CPI is expected to have risen 2.9% over the past year in ...

Some consumers are prepared to reduce their spending if tariffs raise prices, while others would seek to buy fewer imports like clothing and electronics.

Trade talks between the US and China resumed on Tuesday, with talks stretching well into the evening in London. Commerce Secretary Howard Lutnick said the talks were progressing "really, really well," ...