Inflation remains elevated as Trump's tariffs take hold Inflation remained elevated last month as President Trump's tariffs continued to make their way into the prices that consumers pay. The average cost of living in July was up 2.7%. Scott Horsley
Stores that import musical instruments hit hard by Trump's tariffs Over the years, there's been a decline in the manufacture of musical instruments in the U.S. A large portion come from overseas. Now, tariffs are causing a big jump in costs for music stores. Julie Denesha
Trump's tariff revenue has skyrocketed. But how big is it, really? President Trump's new tariffs are pouring in. But it's still only a fraction of overall government revenues — and falls short of new spending in the recent Republican megabill. Danielle Kurtzleben
Carmakers have absorbed most losses from tariffs. Will consumers bear the cost soon? NPR's Adrian Ma speaks to Jamie Butters, Detroit bureau chief for The Wall Street Journal, about how President Trump's tariffs are hitting the automotive market. Adrian Ma
Here's what is expected now that new tariffs are in effect for dozens of countries New tariffs took effect this week that forecasters say will lead to higher prices and slower economic growth. But the stock market is still booming. Scott Simon
How Trump's tariffs are bringing in new revenue, and how it will be spent President Trump's new tariffs are pouring revenue into the United States' coffers. We put that in context with overall tax revenue, and Trump's spending plans. A Martínez
Trump opens the door for private equity in retirement plans An executive order from President Trump would extend the opportunity for 401k fund managers to include private equity in retirement portfolios. What are the risks and benefits? Darian Woods
Trump taps White House economist Stephen Miran to fill Fed vacancy on temporary basis President Trump plans to nominate Stephen Miran to fill a vacant seat on the Federal Reserve's board of governors, but only for the next six months. Scott Horsley
The 'K-shaped economy' and middle class struggle NPR's Ailsa Chang speaks with Heather Long, chief economist at Navy Federal Credit Union, about her Washington Post analysis of how top earners are disproportionately affecting U.S. economic data. Ailsa Chang
Trump's tariffs go into effect today for dozens of countries Higher tariffs take effect today on imports from many U.S. trading partners. The import taxes are raising tens of billions of dollars for the government, but also beginning to weigh on the U.S. economy. A Martínez