(Corrects paragraph 5 to show debt interest fell $1 billion in April) WASHINGTON (Reuters) -The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump's steep new import tariffs, the Treasury Department said on Wednesday. Gross...

WASHINGTON (Reuters) -U.S. consumer prices increased less than expected in May as cheaper gasoline partially offset higher rents, but inflation is expected to accelerate in the coming months on the back of the Trump administration's import tariffs. The report from the Labor Department on Wednesday also showed underlying price pressures muted last month. Economists say inflation has been slow to...

Ether (ETH) ETH drifted around $2,770 for most of Tuesday until roughly 8 p.m. ET, when officials said negotiators in London had forged a draft U.S.–China trade framework. The outline — till awaiting presidential approval — would see Beijing resume rare-earth exports while Washington eases curbs on advanced-technology sales. At 8:04 a.m. ET on Wednesday, former U.S. president Donald Trump...

WASHINGTON, June 11 (Reuters) - The U.S. government posted a $316 billion budget deficit for May, down 9%, or $31 billion, from a year earlier, as customs receipts nearly quadrupled to a record $23 billion due to President Donald Trump's steep new import tariffs, the Treasury Department said on Wednesday. Gross customs receipts jumped last month from $6 billion in...