A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.

A fresh report on Tuesday marked two consecutive months of rising inflation. Consumer prices rose 2.7% in June compared to a ...

The deadline for the start of Trump's heaviest tariffs has been delayed a few weeks, but a new report has nonetheless shown ...

New data showing price increases last month could foreshadow even higher costs if the president imposes steep tariffs on Aug.

Tariffs contributed modestly to the rise of inflation last month, analysts told ABC News, citing the price hikes in product categories made up primarily of imports. But, they added, overall price ...

The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...

Inflation rose in June as President Donald Trump’s tariffs began to push up the prices of certain goods, undermining his attempts to pressure Federal Reserve Chair Jerome Powell to lower interest ...

The hottest question in economics is why the massive price hikes tariffs were supposed to bring still haven’t materialized ...