Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.

Wall Street's main indexes were under pressure on Friday as U.S. President Donald Trump accused China of violating a tariff agreement, ramping up tensions in a bruising trade war and clouding the last day of an otherwise strong month for equities.

Stocks edged higher on Thursday as Wall Street assessed the outlook for President Donald Trump’s tariff agenda, which remains in limbo as federal courts deliberate its legality.

President Donald Trump returned to the White House in January determined to overturn decades of American policy and build a tariff wall around a U.S. economy that used to be pretty much wide open to f

President Donald Trump’s sweeping tariffs — both those he has threatened and those he has already enacted — have led many economists and American consumers to predict that the US economy could enter a recession while also pushing up inflation.

The Trump administration is appealing a decision from the U.S. Court of International Trade that President Donald Trump exceeded his authority in imposing the tariffs on U.S. trading partners. A federal appeals court is allowing Trump’s tariffs to stay in place,

President Trump criticized a recent court ruling on his tariff plan on Thursday. He directed criticism to the Federalist Society and expressed disappointment in judicial nominations.

A federal appeals court has paused Wednesday night’s ruling from the Court of International Trade that blocked President Donald Trump’s tariffs.