The risk of a severe economic crisis has fallen significantly. Tariffs reliably increase consumer prices. When companies are ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Inflation cooled in April for the third month despite President Trump's tariffs. Consumer prices rose 2.3% year-over-year, ...

Trump’s attempts to make Americans embrace austerity mirror Xi’s campaign to harden his population. But neither effort may be ...

President Donald Trump’s unpredictable trade policies and public threats against companies have made it nearly impossible to set prices.

The toy industry is particularly dependent on manufacturing in China, and industry leader Mattel recently pulled its ...