Like all taxes, the tariffs will discourage beneficial economic activity and will make Americans poorer and worse off.

That's another key reason to buy Bitcoin. It can never be printed. It's tradeable for most other major currencies, so its ...

The updated forecast comes amid economic uncertainty sparked by the Trump administration's recent announcement of broad new tariffs on imports.

The consumer price index (CPI ... created spikes in the CPI that took several years to decrease. Purchasing power that dipped in 2008 took until 2019 to recover to its prerecession rate, only ...

One of the main fears following President Trump’s imposition of global tariffs this week has been the impact it might have on inflation.Don't ...

First, higher prices will hurt consumers' buying power, leaving them with less to spend on discretionary items. Second, they will increase costs for companies that import anything from raw ...

Are all devices affected? How fast will costs jump? Is it a flat 54 percent increase? Will only U.S. residents take the hit?

Restored inflation could increase political resistance to domestic-spending cuts as consumer purchasing power erodes. And if the nightmare of stagflation (inflation combined with reduced economic ...