UBS expects the US economy to slow significantly in 2025, projecting real GDP growth to fall to around 1%. In a note to clients issued Tuesday, the bank pointed to a combination of fading fiscal ...

By Alicia Wallace, CNN (CNN) — US inflation heated back up in June, rising to its highest level in four months, as higher prices — including those from tariffs — packed a bigger punch ...

Excluding the volatile food and energy categories, core inflation increased 2.9% in June from a year earlier, up from 2.8% in May. On a monthly basis, it picked up 0.2% from May to June.