For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's why it hasn't happened.

The White House's abrupt move to double duties on Indian goods over its Russian oil purchases came with little warning and no clear path forward.

Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates, minutes released Wednesday showed.

Sony joins Microsoft and Nintendo in raising gaming console prices following President Donald Trump’s tariffs on China.

The written account of the Federal Reserve's July meeting, released on Wednesday with a customary three-week lag, suggested officials were divided over when they could be confident that higher import costs wouldn’t lead to a period of broader,

Members of the Federal Reserve's Federal Open Market Committee debated whether tariffs would fuel inflation, with a few officials expecting the import duties would only represent a one-time price increase,

Treasury Secretary Scott Bessent on Tuesday threw cold water on the idea that Americans could soon receive tariff rebate checks.

The $50 price surge affects all three PlayStation models, with the standard console rising to $549.99, the Digital Edition hitting $499.99 and the Pro version soaring to a wallet-busting $749.99. Trump’s aggressive tariff regime, which kicked in Aug. 1, slaps Japanese imports with duties of up to 25% on major electronics and tech items.

Three months after stating the company had no plans to increase prices due to tariffs, Home Depot has backtracked. On Monday, the national home improvement retail chain confirmed to the Wall Street Journal that it plans some “modest price movement” as the tariffs increase.

Until now, America’s largest home improvement retailer has limited what it has said about the impact of tariffs on its prices. But after reporting quarterly results Tuesday, CFO Richard McPhail said Home Depot would have to implement some price increases as a result of the Trump administration’s taxes on imports.

European shares are expected to close the year a touch higher than where they are currently trading, a Reuters poll found, as support from looser fiscal and monetary policy will be kept in check by uncertainties over Washington's import tariffs.

Donald Trump’s tariffs could generate enough revenues to cover the costs of his sweeping tax cuts, according to one of the world’s biggest credit rating agencies.