'A green light.' Investors cheer inflation report despite growing tariff impact
It is time for money, power, politics. Inflation, it rose 2.7% in July. And if you are looking for reasons why, look deep into that report.You can see that tariffs are pushing up the prices for some of the things that we import. Things like toys, shoes, and furniture. But not everything.Not yet. A lot of companies stocked up ahead of time to prepare for Donald Trump's tariffs. And those businesses have been selling off that inventory to keep prices down.But last week, of course, the rest of Trump's tariffs ...