small businesses – Charm

Bessent Warns of US ‘Embarrassment’ If Tariffs Ruled Illegal

Trump cabinet officials told a federal appeals court that ruling the president’s global tariffs illegal would seriously harm US foreign policy, with Treasury Secretary Scott Bessent warning of “dangerous diplomatic embarrassment.” The administration on Friday filed statements by Bessent, Commerce Secretary Howard Lutnick and Secretary of State Marco Rubio in the US Court of Appeals…

Inflation rises as consumer prices surge in January

Cs news8 months ago8 months ago09 mins

January’s Consumer Price Index rose over 3% for the first time since June 2024 and surpassing economists’ expectations.”This is a setback for consumers. It’s a setback for central bankers. It’s a setback for the economy,” says Mark Hamrick of Bankrate.com.Inflation also worsened month over month, with prices jumping 0.5% in January from December, the largest…