Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows

Tariffs are pushing prices higher and consumers are feeling the hit, Fed’s Beige Book shows

Shoppers in Walnut Creek, California, US, on Tuesday, Oct. 7, 2025. David Paul Morris | Bloomberg | Getty Images President Donald Trump’s tariffs are pushing inflation generally higher as companies are caught between absorbing the costs or passing them onto customers, according to a Federal Reserve report Wednesday. The central bank’s periodic Beige Book report,…

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The U.S. has stepped in with an extraordinary bailout of Argentina. Here’s what it means

The U.S. has stepped in with an extraordinary bailout of Argentina. Here’s what it means

U.S. President Donald Trump shakes hands with Argentina’s President Javier Milei during the 80th United Nations General Assembly, in New York City, New York, U.S., Sept. 23, 2025. Alexander Drago | Reuters The Treasury Department has extended a financial lifetime to Argentina in apparent hopes of heading off an emerging market financial crisis that could…

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