So far, they’ve absorbed 22% of tariff costs through June, but that share will rise to 67% if the latest tariffs follow the ...

Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data reliability complicates policymaking.

Key Takeaways Inflation as measured by the CPI likely continued to accelerate in July, rising to a 2.9% annual increase from 2.7% in June, according to forecasters.Inflation measures such as the CPI ...