Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy. Data released Friday showed that consumers slashed their spending by the most since February 2021,

Senate Democrats have been insistent about the problem of inflation with President Donald Trump in the White House, but they

A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White House threaten that progress. Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.

Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at more caution by consumers amid rising economic uncertainty.

Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy. Data

A key price gauge declined last month, a sign that inflation may be cooling though stiff tariffs threatened by the White House threaten that progress.

U.S. consumers cut back drastically on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by the White House could disrupt that progress.  Americans cut their spending by 0.

It’s been two months since President Trump returned to his seat in the Oval Office and a lot has happened since including further uncertainty about the US economy. With some expressing concern that tariffs – including those that will affect trading relations with America’s closest neighbors – could derail plans for generous tax cuts for the average Joe and may also see inflation spiking again,

U.S. consumers cut back sharply on spending last month, the most since February 2021, even as inflation declined, though stiff tariffs threatened by the White House could disrupt that progress.

The president knows his plans,” a White House official said, while Donald Trump presses ahead with tariffs that economists warn will push prices higher.