The average price of a pound of ground beef rose to $6.12 in June, up nearly 12% from a year ago, according to U.S. government data. The average price of all uncooked beef steaks rose 8% to $11.49 per pound.

There is no single way to predict how businesses will price items weeks or months into the future as, in addition to tariffs, they are influenced by things like consumer demand, sales strategies, and supply chains.

Spending rose at a faster clip than expected in June as American consumers once again buck concerns that slowing economic conditions and tariff-related price increases would crimp spending.

Global stock markets have largely shrugged off President Donald Trump’s renewed tariff campaign. In commodities markets, however, tariff threats have sent the price of copper soaring to all-time highs — signaling the potential for higher tariff-induced prices for a metal with critical uses across the US economy.

The rules that went into effect July 1 requiring companies to lower the carbon content of their transportation fuels marked an occasion to renew hostilities. President Donald Trump contrasted California’s prices with the rest of the country’s. (“All they do is they keep adding taxes. Terrible governor, doesn’t know what he’s doing.”)

Oil prices were little changed on Friday after rising in the previous session as concerns drone attacks on northern Iraqi oil fields will cut supply vied with worries of potential demand declines amid uncertainty in U.

Japan's core inflation cooled to 3.3% in June, coming down from a 29-month high of 3.7% as rice inflation showed signs of easing. The figure — which strips out costs for fresh food — was in line with the 3.3% expected by economists polled by Reuters.

After hearing complaints about his prices, a store owner in Brooklyn has apologized, and begun the laborious task of lowering thousands of them.

Oil prices have slumped all year, and the industry has been hesitant to get onboard with "drill baby drill." One exec see prices nearing a dangerous level.

Last year’s record-high prices for cocoa have translated into lower demand for chocolate this year, making traders reluctant to buy futures and sending the contracts spiraling.