Inflation Eased Slightly in July, but Prices Remain Elevated as War Drags On
Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
Benign Inflation Data Offers Reprieve to Fed as It Weighs Rate Increase
The latest Consumer Price Index report helped to reinforce the patient approach adopted by many officials at the Federal Reserve about raising rates, but it has not resolved the debate altogether.
July CPI Report Is Expected to Show Falling Energy Prices
The war with Iran injected volatility into the oil and gas market, with prices rising and falling in concert with the conflict.
Heat, Fire, Smoke and Storms Are Wreaking Havoc on the Economy
Businesses are reckoning with the financial toll of this year’s brutal climate shocks.
Labor Market Shifts Into Reverse as Employers Balk at Hiring
A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.
Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise
Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
Trump Issues Tariffs on Key Ingredient for Electronics and Solar Panels
The administration will impose a minimum import price for polysilicon, a key component for semiconductors and solar panels, as well as tariffs for products made with the material.
How Malta Became a Tax Haven for Crocs and Other U.S. Companies
The Mediterranean archipelago is a hot destination for U.S. companies seeking to shield profits from income taxes.