The fog of uncertainty created by U.S. President Donald Trump's trade war is suddenly lifting, although doubts over its longer-term economic impact will linger. As will another question: what was the point of all that 'Liberation Day' chaos and confusion?

Inflation rose less than expected in April, as prices rose 2.3% over the year, down from 2.4% in March. Prices for gas and groceries fell, but housing and eating at restaurants got more expensive. Inflation was slightly milder than forecasters had expected, before consumers faced the full brunt of President Donald Trump's import taxes.

The Everyday Price Index rose to 293.8 in April 2025 on the heels of an 0.34 percent gain. The energy index rose 0.7 percent, reversing March’s 2.4 percent decline. Thi

Canadians road tripping to the US declined even more in April, according to government data.The number of Canadian residents visiting the US by plane also declined, the data suggested.Canadians have been avoiding US travel in response to Trump's policies on tariffs and annexation.

According to the Bureau of Labor Statistics, inflation rose by 2.3% year over year and 0.2% month over month in April, the slowest pace since 2021. NBC News’ Brian Cheung and Investopedia’s editor-in-chief Caleb Silver break down the latest economic numbers.

US inflation slowed to its lowest rate in more than four years, an unexpected and welcome development at a time when President Donald Trump’s dramatically escalated tariffs are expected to cause prices to rise.

Inflation picked up speed in April after declining in March, according to data released Tuesday by the Labor Department. The consumer price index (CPI) rose 0.2 percent last month and is up 2.3

The U.S. collected $7.6 billion more in customs duties in April than it did in March, the Treasury said Monday, as revenue from tariffs on imported goods ramped up sharply. Gross customs duties collected in April reached a monthly record of $16.