Inflation isn't rising as expected, and Americans are feeling less anxious about it. But the fight to cut interest rates is heating up.

Steve Rattner, an economic analyst for MSNBC’s “Morning Joe,” explained Thursday that the latest numbers from the Labor Department showed unexpected good news for Trump. He said many analysts forecasted that Trump’s tariffs would drive up inflation, but that the latest numbers suggest that has not happened yet.

Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to fall by a record amount.

Britain's economy experienced a sharp 0.3% contraction in April, the largest since October 2023, primarily due to a slump in the services sector and a significant drop in exports to the US following President Trump's tariffs.

After two months of markets moving on every incremental trade update, investor focus is shifting back to the Federal Reserve and the trajectory of the US economy.

President Donald Trump's second term has been defined by volatility and uncertainty. Early on, he proposed replacing income taxes with tariffs, and, after granting a few exemptions and

Britain's economy slowed sharply in April, reflecting shockwaves from U.S. President Donald Trump's announcement of wide-ranging tariffs and a one-off hit from the end of a tax break on property sales,

The president said he and Chinese President Xi Jinping still need to sign off on a preliminary deal, even though he called it "done."