CNBC Daily Open: Inflation seems stuck — Trump’s tariffs might worsen it
U.S. President Donald Trump’s tariffs are here. Inflation, seemingly stuck, might find it more difficult to recede, and ...
Tariffs May Add $1,700 To Average Tax Bill, Hike Prices And Cut Income, Say Experts
Higher tariffs could worsen the squeeze on American families by increasing their taxes, lowering their income, and requiring ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
Average household costs up 3% across the year. Who was hit hardest?
Household inflation last year was 3%, according to Stats NZ, but some groups were stung harder than others. The 3% increase ...
The Fed’s go-to inflation gauge heated up again
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
This Was the Average Social Security Benefit in 1974, and Here's What It Is Now
A lot has changed for Social Security over the past 50 years, including the amount recipients receive. At the end of 1974, ...