Economy

Consumer prices in May were up 2.4% from a year ago, but inflation eased on a monthly basis, according to the latest figures from the Labor Department

As they process President Trump's chaotic tariffs and other economic policies, some of the country's most powerful CEOs are moving from denial and bargaining to public anger and depression.

U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.

The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.

About a dozen members from Oregon’s coffee industry told U.S. Rep. Suzanne Bonamici the import taxes shouldn’t be levied on things like coffee beans that can’t be replaced domestically.

The bill allows construction workers to go to court to recover lost wages not just from the subcontractors who pay them directly, but from the property owners and general contractors “at any tier.”

In a cost-cutting move, the Treasury Department will soon stop minting new pennies. The one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation but many are gathering dust in change jars and forgotten pockets.

The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.

Collecting Trump's tariffs could be tricky. The agencies that screen imports say they're frequently overwhelmed and understaffed, and experts say exporters are becoming cannier at evading taxes.

Even if Democrats agree on such a move, a vote to suspend the kicker would require two Republican votes in the 30-member Senate and four in the 60-member House.