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The annual G7 world leaders summit is set to kick off in Canada on Monday, with trade all but certain to be a hot topic .
Zou Zheng/Xinhua/Getty Images)
World leaders will still talk trade at the G7. They ‘can’t afford not to’
American consumers appear to have settled a little after the extremely high tariffs announced in April.
David Paul Morris/Bloomberg via Getty Images
Consumer sentiment surges in first improvement since December
US inflation has been fairly tame to start the year; however, economists expected that price hikes would pick up speed for producers in May, in part because of rising costs from tariffs.
David Paul Morris/Bloomberg/Getty Images
US wholesale inflation heated up in May
FELIXSTOWE, ENGLAND - APRIL 07: In this aerial view Containers sit on the tarmac at Felixstowe Port on April 07, 2025 in Felixstowe, England. In an op-ed over the weekend, British PM Keir Starmer wrote that his government would use industrial policy to mitigate the impact of the Trump Administration's tariffs, which include a baseline 10% levy on most all goods imported to the US and 25% on automobiles. (Photo by Dan Kitwood/Getty Images)
Dan Kitwood/Getty Images
April was a bad time for Britain’s economy. Trump’s tariffs are a big reason why
Gold has surged almost 27% this year.
Alessia Pierdomenico/Bloomberg/Getty Images
Wall Street is making some seriously weird trades
JPMorgan Chase CEO Jamie Dimon said on Tuesday that the impact of tariffs has yet to show up in economic data.
Brett Coomer/Houston Chronicle/Getty Images
Jamie Dimon: The economy could ‘deteriorate’ soon
Inflation grew less than expected in May, the latest Consumer Price Index showed. That's welcome news for consumers, but the report did show hints of the higher prices that could come from tariffs.
Jae C. Hong/AP
Inflation rose less than expected last month despite Trump’s tariffs

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Friday · Jun 20, 2025

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