inflation, May
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Imports at several of the busiest U.S. seaports dropped sharply in May, after President Donald Trump's short-lived 145% tariffs on many goods from China stalled trade, according to data from Descartes Datamyne.
The latest figures suggest tariffs haven’t impacted prices yet, but economists say that could change in coming months.
Melbourne captain Max Gawn and defender Steven May have clashed as Collingwood won a pulsating King's Birthday AFL clash by one point.
U.S. consumer prices rose slightly in May as gasoline prices remained subdued, but inflation is likely to pick up in the months as tariffs boost the cost of imported goods.
U.S. employers added 139,000 jobs in May, and the unemployment rate held steady at 4.2 percent. That’s solid growth, but it comes as companies move to pause hiring over uncertainty around economic growth and the fallout from tariffs.
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Medics responded to to 43 suspected opioid overdoses in Nashua and Manchester in May alone, but the availability of Narcan may mean many others occur without 9-1-1 intervention.
U.S. consumer prices likely increased moderately in May amid relatively cheaper gasoline, but the Trump administration's import tariffs probably started filtering through to other goods and potentially raising underlying inflation pressures.
Employers added 139,000 jobs last month, continuing a steady run of hiring. The unemployment rate was unchanged at 4.2 percent.