CNBC Economy / Updates
- Trump plans generic drug tariffs from 2028 with two-year delay testing U.S. onshoring push July 22, 2026The latest tariff salvo underscored Trump's goal of reshoring low-cost drug production, but displacing established suppliers like India won't be easy.
- Import prices post surprise gain as costs of goods from China hit highest since 2008 July 17, 2026Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
- World Cup gave bars and restaurants a needed boost as consumers flash warning signs, Fed says July 15, 2026The latest edition of the Fed's Beige Book indicated that the soccer tournament wasn't necessarily translating to broader economic growth.