June CPI inflation report: Which prices changed the most last month

Inflation in the U.S. rose last month to its highest level since February, reversing several months of cooling prices. Here's a look at what prices changed the most.

Trump announces 25% tariffs on Japan and South Korea

The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.

Atlanta Fed's Bostic warns tariff impacts could cause prolonged inflation

Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to cause a prolonged stretch of inflation as opposed to a one-time spike in costs.

Oil prices could spike amid US strikes on Iran nuclear sites. What we know

Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.

Feds make decision on interest rates: What to know

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.

Trump tariffs likely to raise appliance prices, experts say

Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.

Child care cost the most in these states in 2024, analysis found

The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.

Trump delaying 50% tariff on European Union

The president said Sunday he’s agreed to delay a 50% tariff on the EU that he threatened last week, after saying negotiations with the commission were “going nowhere.”

Trump calls for 50% tariff on EU imports starting June 1

President Trump called for a “straight 50%” tariff on all imports from the European Union after complaining on social media that trade talks are “going nowhere.”

St. Petersburg's resilience and growth: A look at the city's economic future

Despite facing significant challenges, including two hurricanes and the Tampa Bay Rays withdrawing from a new ballpark plan, St. Petersburg’s economy is strong.

Trump tells Walmart: ‘Eat the tariffs’

President Trump lashed back at Walmart over the weekend after the retail giant said it would be increasing prices to combat his tariffs.

Moody’s strips US of top credit rating: What the downgrade means for your wallet

Moody’s has downgraded the US credit rating for the first time, citing rising debt and political dysfunction. Here’s what the move means for your wallet, interest rates, and the broader economy.

Walmart raising prices due to tariff costs: What we know

Walmart says it will raise prices to counter higher costs from President Donald Trump’s tariffs, despite strong quarterly sales.

Nissan increases job cuts to 20K by 2027

The Japanese automaker aims to save $3.4 billion by 2027 amid financial losses and concerns over President Donald Trump's tariffs.

Microsoft to lay off about 3% of its workforce

Microsoft announced a round of layoffs this week that will affect thousands of employees.