June, Sales and Retail
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Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.
Inflation accelerated in June as President Trump’s tariffs started to leave a bigger imprint on the economy, keeping the Federal Reserve on track to hold interest rates steady when policymakers next meet this month.
Inflation is speeding up after a period of cooling down earlier this year.
A fresh report on Tuesday marked two consecutive months of rising inflation. Consumer prices rose 2.7% in June compared to a year ago, marking a notable surge of price increases as President Donald Trump's tariff policy took hold and some retailers warned they may pass some of the tax burden onto shoppers.
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Narciso Barranco, 48, was accused of assaulting a federal agent with a weed whacker. He and his family said he was trying to protect himself from pepper spray.
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor Department said, missing forecasts for a 0.2% rise. The index rose by a revised 0.
India's merchandise trade deficit narrowed in June due to a sharp fall in imports, even as the value of exports slipped to a seven-month low following a drop in global commodity prices, data released on Tuesday showed.
The City of San Antonio released several calls to KSAT Investigates on Thursday, made by drivers stuck in floodwaters along Loop 410 and Perrin Beitel on June 12.
This June 2025 core update came a few months after Google’s first core update on the 2025 year, the March 2025 core update. In the coming days we will gather data on the impact of this update and share some of that data with you on Search Engine Land.
India's gold imports in June fell 40% from a year ago to their lowest level in more than two years, as a price rally to a record high sapped demand, a government and two industry officials told Reuters.