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US producer prices rise sharply in April amid inflation pressures
U.S. producer prices surged 1.4% in April, marking the biggest gain in four years amid broad inflation increases and rising energy costs.
US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
Inflation cooled again last month as grocery and gas prices fell, few signs of tariff impact yet
The report suggests the tariffs haven't yet impacted the prices of many items.
Confusion reigns after Trump exempts electronics from new tariff regime
And officials have also indicated that additional, sector-specific tariffs targeting electronics are on the way — all of which economists warn will raise costs and lead to higher prices for consumers.
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