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Bloomberg |
Nomura Securities International Inc. said it expects gross domestic product to expand 0.6% in 2025 after accounting for the new levies on imports, and a key measure of underlying inflation to rise to...
Associated Press |
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threate...
Reuters |
U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald T...

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Economists Slash US Growth, Boost Inflation Forecasts on Tariffs
Wall Street economists said the US risks a recession this year and inflation could return to pandemic levels following the Trump administration’s announcement of major tariffs on global trading partners.
Trump's sweeping tariffs could mean a US recession, much higher inflation: Economists
The most far-reaching version of Trump’s strategy would raise the effective, or average, tariff on U.S. imports to about 20%, comparable to the heavy import duties the nation imposed in the 1930s and that contributed to the Great Depression, Zandi said. Before Trump took office, the average U.S. tariff rate was about 3%.
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
Fed Chair Jerome Powell stated that the Trump administration's new tariffs are likely to cause higher inflation and slower economic growth, emphasizing the Fed's focus on preventing ongoing inflation.
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
President Donald Trump on Wednesday announced far-reaching new tariffs on nearly all U.S. trading partners — a 34% tax on imports from
After tariff shock, Trump may weaponise finance against allies
With the ink still fresh on U.S. President Donald Trump's latest batch of tariffs, some are already bracing for what may come next in his effort to strong-arm trading partners into doing his bidding.
These are the places affected by Trump's tariffs
President Donald Trump is placing steep new tariffs on virtually all U.S. trading partners, stoking fears of rising prices for consumers and deepening trade wars. The tariffs hit allies and rivals alike.
Trump's tariffs set to drive up bar bills and wipe out spirits jobs
U.S. drinkers will pay more for cocktails, champagne and foreign beers, brands will disappear from bar menus and jobs will be lost on both sides of the Atlantic as a result of U.S. President Donald Trump's reciprocal tariffs,
See Trump tariffs by country and why Washington is bracing for impact
President Donald Trump's tariff plan will mean higher prices for American consumers, U.S. Sen. Maria Cantwell said.
Trump tariffs: What will get more expensive in Massachusetts? 'Everything' MA Gov says
Trump declared universal tariffs of 10% on imports from all countries and much higher levies on about 60 countries on Wednesday.
Jerome Powell warns on Trump’s tariffs: High inflation could be here to stay
Inflation is likely to pick up because of President Donald Trump’s sweeping tariffs, and could remain elevated, Federal Reserve Chair Jerome Powell said Friday.
US consumer spending slows as core PCE inflation rises to 2.8% in February 2025—Is the Fed forced to delay rate cuts?
US core PCE inflation, the Federal Reserve’s key inflation measure, rose 0.4% in February 2025, pushing the 12-month rate to 2.8%, exceeding expectations. Despite a 0.8% rise in personal income, consumer spending grew just 0.
The HR Digest4d
Layoffs and Job Cuts in 2025 Amid US Inflation Rate Rise
Learn about job cuts in 2025 amid rising US inflation rate and inflation rate in 2025. Stay updated with the latest monthly inflation news.
Five Recession Indicators Now Raising Alarm in the US
Experts told Newsweek the things they are monitoring to determine whether the U.S. is on the brink of a significant economic downturn.
US consumers remained cautious about spending last month as inflation ticked higher
An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt.
Prices are rising. See how much the cost of basic grocery items has changed
The costs for some products could remain volatile, but the overall trend shows prices have largely stabilized. For example, government economists also track inflation for foods Americans eat at home to better understand price trends across all products at the grocery store.
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