That’s right: CPI fell 0.1% in March, according to the US Labor Department, marking the first month-over-month decline since May 2020.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The $1.1 billion acquisition comes just as egg prices are ever so slightly starting to trend down in the US.
Big Tech is hoping AI-powered smartphones will be the first of many great returns on its eye-popping AI investments.
Policy uncertainty, particularly around how tariffs will ripple through the economy, continued to stoke recession fears last week.
The good news: Inflation may be calming down. The bad news: Likely-inflationary tariffs are just starting to hit now.
A slew of retail company earnings reports last week raised the spectre of sapped spending as executives discussed tariffs.
On Tuesday, President Donald Trump slapped import duties on Canada and Mexico, kicking off a full-fledged economic war.
The latest data suggests markets and manufacturers aren’t taking Trump’s tariffs on Mexico, Canada, and China all that well.
If the US consumer is the engine driving the economy, then some funky noises are coming from underneath the hood.
Though consumers aren’t necessarily begging for head-worn computers yet, tech firms big and small see the technology as the next frontier of…
Just six years after Trump 1.0 signed a new trade agreement with Mexico and Canada, Trump 2.0 is imposing tariffs on goods from them.
Another month, another Consumer Price Index inflation report, the show-stopping data dump of our inflation-weary universe.
The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.
Another month, another frustratingly sticky inflation report. Still, a rate cut seems certain when the Federal Reserve meets next week.
Looser regulations might be leading Swedish buy-now-pay-later firm Klarna to choose the US over the UK to host its IPO.