Most Asian Stocks Rise As US Tariff Delays Give Breathing Space
The president has unveiled a range of hardball measures to bring an end to what he says is years of countries taking advantage of the United States, fuelling trade war fears and leading to warnings of another inflation spike.
Hundreds of Eggs and Groceries Stolen From Seattle Restaurant in Second Major Heist
Thieves stole hundreds of eggs and groceries from Seattle's Luna Park Café in a heist amid the growing black market demand for eggs driven by soaring prices.
Trump White House Doesn't 'Have a Timeline' to Reduce Grocery Prices Despite Previous Promise of Day 1 Action
Despite Trump's campaign pledge to lower the cost of living immediately, the White House said there is no set timeline for when Americans will see relief.
Thousands of Egg Cartons Stolen From Pennsylvania Warehouse as Prices Surge Across the Country
Close to 100,000 organic eggs were stolen from a Pennsylvania farm on Saturday night as egg prices surge across the country.
Waffle House Forced to Add 'Egg Tax' to Meals as Shortage Hits America's Heartland Hard: 'We're In This for a While'
Waffle House added a 50-cent per egg surcharge due to soaring prices from an ongoing avian flu outbreak.
Memes Flood Social Media as #WhatICanAffordNow Trends on X
Social media erupts with #WhatICanAffordNow memes as users mock rising costs amid potential tariffs on Mexican and Canadian goods.
Trump Claims Fed Created 'Worst Inflation in History' by Focusing on 'DEI' and 'Fake Climate Change'
Trump blamed the Federal Reserve for the "worst Inflation in the History of our Country" accusing the central bank of prioritizing DEI & climate over economics.
Democrats Accuse Trump of Prioritizing Pardons and Deportations Over Previous Promise to 'Immediately' Lower Food Prices
Some Democratic lawmakers have accused President Trump of failing to deliver on his campaign promise to lower grocery prices "immediately" after taking office.
Farming Industry Braces for Deportation Of Many Of Its Workers as Trump Returns to Power
Legal workshops surge nationwide as immigrant farmworkers secure guardianships, wages, and travel plans amid fears of mass deportations under Trump.
Expert Blames Bird Flu for Egg Shortage and Price Hikes, Estimates How Many Months Market Will Take to Recover
The recent outbreak of avian influenza is to blame for the shortage of eggs which experts say may not be resolved for months.
The Container Store Joins Growing List of Major Retailers Filing for Bankruptcy
Chain retailer The Container Store, which specializes in organizational and storage-related products, has filed for Chapter 11 bankruptcy protection in Texas as customers increasingly begin to cut back on discretionary spending.
Conservative CNN Pundit Growls at Liberal Panelist During Tense Debate on Trump: 'Don't Touch Me'
Conservative CNN pundit Scott Jennings reprimanded his liberal co-panelist Bakari Sellers while discussing inflation.
Trump's Mass Deportation Plan Threatens US Economy With 7.4% GDP Loss: Report
The report estimated deporting 8.3 million undocumented immigrants could cut the GDP by 7.4% and reduce employment by 7% by 2028.
Trump Mocked Over 'Made Up Story' About Woman Putting Grocery Store Apple in Refrigerator: 'Trump Announces He Has Never Bought an Apple'
Donald Trump is being mocked online after sharing a seemingly "made up story" about a woman returning one apple at a grocery store due to high prices.
Democrats Delete Tweet Mocking Americans for Buying Gifts Despite Concerns Over Grocery Prices: 'We Were Thinking Y'all Couldn't Afford Eggs'
Democrats from a congressional committee took to their official X (formerly Twitter) account, mocking Americans for spending money during the holidays despite struggling to afford groceries due to inflation.
'Black Friday' Deals Target Inflation-weary US Consumers
Inflation has stabilized after dramatic price spikes during the Covid pandemic years, but consumers are still feeling the pinch -- meaning bargain-hunting strategies such as grabbing early giveaways and waiting for last-minute steals are in vogue.
Some Of The U.S.'s Favorite Foods and Beers Are At Risk of Soaring Prices As Tariff War With Mexico Looms
Avocados and strawberries, and beers like Corona and Modelo could see significant price increases should Trump make good on his promise of imposing a 25% tariff on Mexican exports
Americans Think Inflation, Not Immigration, Should be Trump's Priority During his First 100 Days in Office
A new Reuters/Ipsos poll showed inflation, immigration and the economy as the top issues voters think Trump should handle as soon as he assumes office.
Trump Voters Hanging on Promise to Fix Economy Are in For 'Rude Shock', Top Economist Warns
Paul Krugman, a Nobel Prize winner, said that inflation helped Trump get to the White House and, ironically, his economic program is set to be inflationary
Most Asian Markets Extend Losses As Trump Fears Build
The prospect of prices spiking again on the back of tax cuts, import tariffs, and an easing of regulations gave fresh impetus to the dollar, which has rallied since the Republican's election win last week.
Some Begin Preparations for Possible Shortages Ahead of U.S. Port Strike
Consumers are stocking up on essentials as dockworkers' labor dispute threatens to disrupt supply chains and raise prices nationwide.
U.S. Port Strike Set To Start Tuesday Threatens To Cause Nationwide Shortages and Worsen Inflation
Disruptions at major U.S. ports could delay shipments and raise prices on consumer goods, Biden Administration won't intervene.
Equity Markets Rally After Jumbo US Rate Cut
After a keenly awaited meeting, the US central bank decided to lower borrowing costs for the first time since the start of the pandemic by opting for a half-point reduction.
Most Asian Markets Up Ahead Of Fed But Tokyo Hit By Strong Yen
Bets on the Federal Reserve slashing borrowing costs by as much as half a percentage point have jumped in recent days, with observers suggesting officials want to front-load an expected series of reductions.
Argentina's Milei Presents Budget, Warns Zero Deficit Is A Must
Since taking office in December, the budget-slashing Milei has applied a drastic austerity program in a bid to rein in chronic inflation and decades of government overspending.
Latino voters in California say inflation is top concern but blame corporate greed more than politicians
32% blame inflation on corporations, edging Biden policies (30%) and Trump policies during pandemic (20%)
Asian Markets Battle To Match Wall Street Rally Ahead Of US Inflation
The Federal Reserve is widely seen cutting rates at next week's meeting but debate surrounds whether it will be 25 or 50 basis points, with some arguing that going for the bigger option could suggest decision-makers are worried.
Floridians are among those having the hardest time paying for everyday expenses, new poll shows
A 2022 report by United Way found that, of the 8.8 million households in Florida, four million were either in poverty or unable to afford basic living costs
Stock Markets Swing As Traders Prepare For US Jobs Data
As a rollercoaster week drew to a close, debate centred on the Federal Reserve's plans for interest rates when it meets in less than a fortnight, with most observers expecting a 25-basis-point cut.
Markets Plunge With Wall Street After Nvidia Rout, Weak US Data
The sight of investors running to the hills sparked memories of the brief but tumultuous sell-off at the start of August that was partly fuelled by a big miss on US jobs creation.