Inflation ticked higher in July as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs.

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Underlying US inflation accelerated in July to the strongest pace since the start of the year as the core consumer price index increased 0.3% from June and picked up to 3.1% on an annual basis. Michael McKee reports on Bloomberg Television.

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Inflation held steady in July as tariffs threatened to drive prices higher, CPI report reveals. But an underlying inflation measure picked up

WASHINGTON (Reuters) -U.S. consumer prices increased moderately in July, though rising costs for services such as airline fares and some tariff-sensitive goods like household furniture caused a measure of underlying inflation to post its largest gain in s

The data was mixed, but nevertheless isn't likely to lessen the case for a September Fed rate cut.

Inflation ticked higher in July as investors stay alert to how much President Trump’s tariffs are starting to affect consumer costs.

The Bureau of Labor Statistics reported the July consumer price index which showed CPI inflation continued to rise as tariffs push prices higher for U.S. businesses and consumers.

The latest data from British Retail Consortium (BRC)-KPMG Retail Sales Monitor reveals a 1.4% sales growth in non-food, including fashion, in the UK for July 2025, surpassing the 12-month average growth rate of 0.8%.

BRUSSELS (Reuters) -The European Union could not say when a joint statement on tariffs with the United States would be ready, nor when the White House would issue an executive order on European car import duties, a spokesperson said on Tuesday. The EU an

Trump said on Monday a decision could come within the next couple of weeks. Under the Controlled Substances Act, marijuana is listed as a Schedule I substance, meaning it has a high potential for abuse and no current accepted medical use. Reclassifying

The US and China have agreed to extend their existing tariff truce by an additional 90 days until 10 November 2025, buying time for imports of apparel and other goods at current lower tariff rates.

US retail sales saw a resurgence in July 2025 with consumers taking advantage of summer discounts to purchase products ahead of anticipated tariff increases.