Stocks rise as traders weigh US inflation, Trump tariffs | Business

NEW YORK, Sept 27, 2025 (BSS/AFP) - Stocks climbed Friday as investors digested a new tariffs blitz by US President Donald Trump and data showing a key US inflation metric rose in line with expectations. Wall Street pushed higher after slumping for three straight sessions, with relief about inflation data offsetting the tariff developments and rising concerns about a US government shutdown due to failed budget talks. Official data showed that the Fed's preferred gauge of inflation, the personal consumption expenditures (PCE) price index, reached 2.7 percent in August, up from 2.6 percent in July. The figure is above the central bank's two-percent inflation target. But it was in line with analyst forecasts, giving investors "some relief that the Fed...