Tariff threats and uncertainty could weigh on consumers and drag down the economy, government report suggests
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose ...
US consumers cut spending in January more drastically than at any point in the last four years
Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.2% in January ...
Parkersburg News and Sentinel4h
Report: Tariff threats and uncertainty could weigh on consumers, drag down U.S. economy
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Euro falls to more than two-week low after Trump, Zelenskiy meeting
The euro dropped on Friday, after a meeting between Ukrainian President Volodymyr Zelenskiy and U.S. President Donald Trump ...
Fed Paper Finds Tariffs May Raise US Consumers’ Everyday Costs
President Donald Trump’s proposed tariffs on imports from China, Mexico and Canada could lead US consumers to face higher prices on everyday purchases, according to new research published Friday.
Atlanta Journal-Constitution15h
Tariffs will raise prices, it’s just a matter of how much, Atlanta Fed says
The proposed tariffs on China, Mexico, Canada and other U.S. trading partners could raise prices for consumers on everyday items by up to 2.6%, according to a new study.