As of May 28, the U.S. had collected $68.23 billion in tariff revenue for 2025—an increase of 78 percent over the same period last year.

Americans say they have little confidence in the economy due to ongoing trade wars. But you’d never know it based on how much they’re spending — especially on food and drinks they didn’t make themselves.

A key U.S. inflation gauge slowed last month as President Donald Trump’s tariffs have yet to noticeably push up prices, while American incomes jumped.

Consumer spending growth, which had already showed sluggish signs this year, slowed significantly in April as more families waited to see how tariff-related uncertainty might play out. Spending rose 0.2 percent last month, compared with a 0.7 percent increase the month before, according to data released Friday by the Bureau of Economic Analysis.

UPDATED: Donald Trump once again got testy with a reporter over a question, this time over a phrase being used on Wall Street over the president’s tendency to not follow through on tariff threats: the TACO trade, as in “Trump Always Chickens Out.” The reporter, Megan Casella of CNBC, noted that analysts have used the …

Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride.

President Trump is looking to former President Nixon as proof that his global tariffs should be allowed to stand in court.

Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. I’ve ignored the tariff hokey cokey (in out, in out, shake it all about) so far this week,

Retailers are walking a tightrope to convey they’re looking to raise prices without actually saying they’re raising prices.