Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet to show up in consumer prices, the Commerce Department reported Friday. The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at…
A man seen using his phone next to iPhone 16 models kept on display at the Apple store in Bandra Kurla Complex (BKC) in Mumbai. Sopa Images | Lightrocket | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates from a technology market analyst firm shows….
An employee works on a vehicle crankshaft production line at a factory which produces engine parts in Binzhou, in eastern China’s Shandong province on March 14, 2025. Str | Afp | Getty Images China’s industrial profits rose in April from a year earlier, official data showed Tuesday, despite prohibitive U.S. tariffs and persistent deflationary pressures….
A customer looks at goods on a shelf in a supermarket on January 15, 2025 in London, England. Dan Kitwood | Getty Images News | Getty Images The U.K.’s annual inflation rate hit 3.5% in April, coming in above analyst expectations, according to data released by the Office for National Statistics (ONS) on Wednesday. Economists…
One of New York’s most famous chefs, April Bloomfield has dazzled critics and diners alike with her soulful cooking at Fort Greene’s Sailor from restaurateur Gabe Stulman since it opened in 2023. Now, the chef has announced she is headed to a restaurant group in Austin, Texas while she continues to steer the kitchen in…
Citizens are shopping at a supermarket in Nanjing, East China’s Jiangsu province, on March 9, 2024. Costfoto | Nurphoto | Getty Images China’s retail sales growth slowed in April, data from the National Bureau of Statistics showed Monday, signaling that consumption remains a worry for the world’s second-largest economy. Retail sales rose 5.1% from a…
A man walks past an electronic board showing the Nikkei 225 index on the Tokyo Stock Exchange along a street in Tokyo on April 7, 2025. Kazuhiro Nogi | Afp | Getty Images Japan saw record foreign inflows into its equities and long-term bonds in April as investors fled U.S. markets following President Donald Trump’s…
Customers look over personal health items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The U.S. Federal Reserve at its May 7 meeting warned that America is facing an increased risk of stagflation — a scenario in which the economy slows or contracts while inflation shoots…
People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty Images The U.S. Federal Reserve at its May 7 meeting warned that America is facing an increased risk of stagflation — a scenario in which the economy slows or contracts while inflation shoots up —…
Inflation was slightly lower than expected in April as President Donald Trump’s tariffs just began hitting the slowing U.S. economy, according to a Labor Department report Tuesday. The consumer price index, which measures the costs for a broad range of goods and services, rose a seasonally adjusted 0.2% for the month, putting the 12-month inflation…
