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U.S. consumers are footing much of the bill for tariffs, and are likely to pick up an increasing share of the import taxes in the coming months, several separate economic analyses said this week.

What is inflation? Inflation reflects the broad rise of prices or the fall in the value of money. It generally results from too much demand chasing too few goods or limited services, leading to price ...

WASHINGTON -- Some Americans may have lower tax bills when they file for 2023 after the IRS adjusted tax brackets and increased deductions to counter the soaring price tags on groceries and other ...

There's relief for many today that inflation didn't hit the feared 4% last month - relief for households, the government and ...

Britain's inflation rate looks set to hit 4% in September in data due for release on Wednesday, the highest among the world's ...

Tariffs, unlike inflation, increase prices without corresponding wage increases. American consumers bear the brunt of tariff costs, estimated at $2,500 per family this year. Rising prices during a ...

Why are Irish grocery bills climbing so much faster than inflation? Global food costs, reduced supply and rising farm ...

The latest 3.8 per cent inflation figure confirms next April’s 4.8 per cent state pension increase. Industry experts warn the ...