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Christopher Rugaber, Associated Press

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Christopher’s Recent Stories

Economy Jun 13

Consumer sentiment rises for first time in 2025 as inflation remains tame

The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, jumped 16% from 52.2 to 60.5.

Economy Jun 11

U.S. inflation rose slightly last month as grocery prices ticked higher

The figures suggest inflation remains stubbornly above the Federal Reserve's 2% target, which makes it less likely that the central bank will cut its key short-term interest rate.

Economy May 30

Consumer prices rose slightly in April amid Trump’s tariffs

The figures show inflation is still declining from its post-pandemic spike, which reached the highest level in four decades in July 2022.

Nation May 29

Trump meets with Jerome Powell, the Fed chairman he has repeatedly scorned

President Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s outlook for interest rates, the Fed said.

Nation May 19

Economists say Trump’s tariffs are unpredictable and still working their way through the system

Trump’s tariffs are still huge, unpredictable and working their way through the system.

Nation May 15

Retail sales slow a month after Americans ramped up shopping to get ahead of tariffs

U.S. consumers spent slightly more at retail stores last month after ramping up their shopping in March to get ahead of tariffs.

Economy May 13

Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt

Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries.

Economy May 07

WATCH: Powell holds news conference after Fed leaves key interest rate unchanged

The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in a row at the end of last year.

Nation May 05

Despite Trump’s pressure, Federal Reserve likely to keep rates unchanged this week

The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs.

Nation Apr 30

Shipments from China fall as Trump’s tariffs loom over economy

The president’s massive and unpredictable taxes on imports seems likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks.

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