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US consumer price increases accelerated last month with inflation pressures resilient

AP Economics Writer WASHINGTON (AP) — Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled in recent months. According to the Federal Reserve’s preferred inflation gauge, consumer prices rose 2.3% in October from a year earlier, the Commerce Department said Wednesday. That is up

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What could get more expensive if Trump launches a new trade war with Mexico and Canada

CNN By Elisabeth Buchwald, CNN New York (CNN) — During President-elect Donald Trump’s first term, America launched an all-out trade war with China to boost US manufacturing, secure US national security interests and resolve what Trump believed was an extremely out-of-balance trade relationship. President Joe Biden kept most of those tariffs in place and added

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