Americans face rising gas prices and cut back on spending

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The conflict with Iran is leading to increased gasoline prices for Americans, prompting a reduction in the consumption of certain durable goods. Retail sales increased by 0.5% in April compared to the previous month, according to the Commerce Department’s report Read More …

Supreme Court Ruling on Tariffs Won’t Cut Consumer Prices

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With the Supreme Court’s recent decision limiting President Donald Trump’s authority to impose tariffs, one must consider the implications for consumer pricing. “Nothing,” stated Stephanie Roth. That is due to the fact that Trump possesses additional tariff mechanisms at his Read More …