News

US economic activity declines as tariffs pressure prices, Fed says
U.S. economic activity has declined and higher tariff rates have put upward pressure on costs and prices in the weeks since ...
Chicago Fed chief: Iowa, with its manufacturing and ag jobs, highly affected by tariffs
Head of Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture and ...
Mexico threatens countermeasures if US keeps 50% metal tariffs
The rise in US steel and aluminium tariffs to 50% is the second time since March that Donald Trump has taken action to ...
US Congress budget office sees economic output falling from Trump tariffs
U.S. economic output will fall as a result of President Donald Trump's new tariffs on foreign goods that were in place as of ...
US inflation gauge cools with little sign of tariff impact, so far
A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while ...
US Service Sector Unexpectedly Contracts in May; Inflation Heats Up
The government is expected to report on Friday that nonfarm payrolls increased by 130,000 jobs in May after advancing by ...
Korea JoongAng Daily on MSN13h
BOK vows close monitoring of inflation amid U.S. tariff uncertainty
Inflation is projected to remain stable throughout the year, but close monitoring is required due to such risk factors as ...
Inflation data threatened by government hiring freeze as tariffs loom
WASHINGTON (AP) — The Labor Department has cut back on the inflation data it collects because of the Trump administration’s government hiring freeze, raising concerns among economists about the ...