Broken down by category, some of the sectors most impacted by tariffs saw a price decline from last month, including apparel and used cars and trucks.

CPI shows the 2% inflation target nearing, hinting at possible Fed rate cuts. Explore key market reactions and what this means for your investments.

Inflation eased in April with drops in gas and egg prices, but ODU's Bob McNab warns tariffs could drive prices back up this summer.

News that the U.S. and China have drastically reduced reciprocal tariffs for 90 days as they continue trade talks has already put a dent in rate-cut expectations.

The crypto market stood at $3.4 trillion as the Consumer Price Index (CPI) in April stood at 2.3% over the last 12 months, the Bureau of Labor Statistics reported on May 13. The Federal Reserve has set an inflation target of 2%. As per Kraken's price feed, Bitcoin was trading at $103,587 at press time.

The federal Bureau of Labor Statistics reported on Tuesday that its consumer price index for the 25-county region that includes the Island rose 3.9% in April compared with a year earlier. That year-over-year increase was a bit faster than March’s 3.8% but slower than February’s rate of 4.2%.

US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report

Very compelling stories for asset re-allocation away from the US and the dollar may have to be paused temporarily – at least until we see how much this uncertainty has hit the hard data." "DXY broke through strong resistance at 100.