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'No choice but to raise prices': Tariffs squeeze businesses as White House hails inflation data

The White House emphasized stable inflation figures while businesses and experts warned of price hikes due to tariffs.

Gas prices are down from last year. Here's where they could head next.

July gas prices were down 2.2% from June, according to the Labor Department. Why prices could continue to slip in the months ahead.
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US deficit grows to US$291 billion in July despite tariff revenue surge

The deficit for July was up 19%, or US$47 billion, from July 2024. Receipts for the month grew 2%, or US$8 billion, to US$338 billion, while outlays jumped 10%, or US$56 billion, to US$630 billion, a ...

Trump administration live updates: National Guard deployed to Washington, D.C., in anti-crime push

Trump administration live updates: National Guard expected to be deployed in D.C. The Bureau of Labor Statistics will release ...