Music Festival on Sunday and Tod Machover's opera 'Schoenberg in Hollywood' raise the question of whether there's ever been ...

Domestic travel over this Memorial Day weekend is expected to set new records, and Michigan tourism leaders say their hotels ...

The numbers: The cost of U.S. goods and services was flat in March and put the Federal Reserve closer to its 2% inflation target, but tariffs and trade wars threaten to undo the latest progress.

Costfoto / NurPhoto via Getty Images Tariff-related inflation will unlikely be evident in April's report on the Consumer Price Index due Tuesday, economists say. Businesses that import items from ...

Joe Raedle/Getty Images Tariffs could add 2.25% to a core inflation measure over the next year, reversing progress against price pressures since 2024, according to a new estimate. Economists were ...

The Federal Reserve announced Wednesday that it will leave interest rates unchanged, noting higher risks of both inflation and unemployment. But bigger challenges lie ahead. The Fed’s central ...

A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Trump’s tariffs were implemented. At the same time, consumers accelerated ...

Federal Reserve Chairman Jerome Powell stated on April 16, 2025, that President Trump’s tariffs would likely lead to higher rates of inflation. He made this claim before an audience at the ...

John Hawkins was previously a senior economist in the Reserve Bank. Stephen Bartos does not work for, consult, own shares in or receive funding from any company or organization that would benefit ...