President Donald Trump has insisted that prices are falling, even as consumers continually express concern about the economy. He has repeatedly attacked Federal Reserve Chair Jerome H. Powell for not lowering interest rates to offset the effects of his trade war.

Trump claimed last month that gasoline prices had fallen as low as $1.98 in a couple of states. On Friday, Trump voiced a similar assertion on social media, saying, "Gasoline just broke $1.98 a Gallon, lowest in years."

Tuesday’s report could provide an early read on how Trump’s duties will affect the prices Americans pay for necessities.

Inflation cooled for the third straight month in April even after some of Trump's tariffs took effect, though economists and many businesses expect inflation will climb in the coming months.

In this video, we unpack Trump's peace promises across major global conflicts — Russia-Ukraine, Israel-Hamas, and the India-Pakistan tension — and what the ground reality looks like now.

The move would align prescription costs in the US with the costs of other countries, according to the administration.

Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary ... Day” tariffs because of the looming recession and likely inflation caused by a self-imposed supply chain crisis. “I just watched an exhausted ...

Donald Trump has agreed to substantially roll back tariffs on China as the two nations continue to work toward a permanent trade deal.

To commemorate his first 100 days in office this term, President Donald Trump gave a speech in Michigan and granted interviews to several news outlets. In our review of his remarks, we found false and misleading claims,

Health policy experts said it is still unclear how much prices will go down, which medicines will be impacted and whether the effort can be implemented at all.

Even so, a rollback of some levies since "Liberation Day" may reduce the impact on inflation. Trump paused a large swath of so-called "reciprocal tariffs" within days of the announcement. On Monday, Trump temporarily slashed tariffs on China from 145% to 30%.