Donald Trump faced a backlash from business groups and some in his own Republican party after kicking off a trade war by imposing steep tariffs on three of the US’s largest trading partners.

In response to rising inflation, the federal government has authorized stimulus payments to residents in select U.S. cities and states. Discover who qualifies for these payments in February and how ...

Steady food prices coupled with manageable transport and utility costs could have led to inflation edging down last month, ...

Federal Reserve officials are closely watching the levies, given the expectation that such policies could lead to higher ...

Last week the Federal Reserve described the US labour market as “solid” and noted that the unemployment rate had stabilised. This week’s monthly jobs report on Friday will put that view to the test.

Even inflation this low could feed consumer frustration, workplace friction and an inflationary psychology.

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Risk of rising consumer prices is sensitive area for investors; stocks, high risk assets at risk; provision allows Trump to increase size and scope of tariffs ...