The latest CPI report for March unveils a sharp uptick in inflation to 3.5%, posing a significant test to the resilience of the economy.
Jarin Noshin
Apr 10, 2024
Inflation remains stable while consumer spending exceeds estimates, signaling economic resilience.
Jarin Noshin
Mar 29, 2024
Wholesale prices in the U.S. unexpectedly surged in February, intensifying concerns about inflation and adding complexity to monetary policy decisions.
Jarin Noshin
Mar 14, 2024
FICO reports a minor dip in the US average credit score, dropping from 718 to 717, indicating potential economic challenges.
Jarin Noshin
Mar 06, 2024
Biden's task force targets unfair corporate pricing, signaling a commitment to protect consumers and promote competition.
Jarin Noshin
Mar 05, 2024
US consumer inflation inched up in July, government data showed Thursday, rebounding slightly for the first time in around a year and adding pressure on policymakers as they weigh further interest rate hikes.
AFP News
Aug 10, 2023
It is the 11th consecutive month witnessing a slowdown in inflation and is seen as a welcome respite from the gut-wrenching high inflation suffered by Americans over the past two years.
Monica Aggarwal
Jun 14, 2023
The consumer price index rose by 7.5% in January from last year, making it the fastest increase since February 1892.
Danielle Ong
Feb 23, 2023
Inflation rose ever so slightly to begin 2023, the latest indicator that high prices for housing and energy remain a ways away from dissipating.
Joshua Markland
Feb 14, 2023
Inflation shows signs of slowing as prices dropped slightly in December.
Joshua Markland
Jan 12, 2023
The latest consumer price index report shows that inflation could be loosening, sending U.S. stocks higher.
Joshua Markland
Dec 13, 2022
With sharp increases in the price of homes, fuel and food, certain markets in the United States have been hit the hardest when it comes to inflation.
Lauren Dubois
Sep 17, 2022
Stocks fell for the second day in a row in choppy trading and the release this week of key economic reports delivering mixed signals.
Paul Elias
Sep 15, 2022
Inflation stayed uncomfortably strong in April after growing by another 8.3% in a sign that efforts to combat it may not be doing enough to contain its ascent.
Nicholas Morgan
May 11, 2022
Inflation has contributed to a rise in people reporting a "very difficult" time paying for expenses, with many states recording a 100% increase in people struggling since June 2021.
Maggie Valenti
May 10, 2022
Inflation in the United States economy marked a four-decade high with a 8.5% increase since last year, driven largely by surging energy prices that includes a 70.1% fuel cost hike.
Nicholas Morgan
Apr 12, 2022
Americans’ credit card debt saw a 22-year high increase in Q4 to more than $860 billion now owed by households. This data arrives ahead of a meeting by the Federal Reserve next month when it is expected to raise interest rates.
Nicholas Morgan
Feb 10, 2022
Inflation in the United States has defied expectations by hitting a three-decade high as prices for most basic goods registered hikes. In the most recent Consumer Price Index (CPI), prices were up by 6.2% in the last year, the highest increase since November 1990.
Nicholas Morgan
Nov 10, 2021
Wholesale prices in the United States reached a historic high after rising 8.6% over the last year in a sign that ongoing supply chain problems are continuing to drive up inflation.
Nicholas Morgan
Nov 09, 2021
The University of Michigan's report on the index of consumer sentiment reveals that sentiment remains unchanged, down from September but up from the 10-year low in August.
Maggie Valenti
Oct 29, 2021
One area isn’t being hurt by inflation—and there are no concerns about it having an effect in the future.
Lauren Dubois
Jul 17, 2021
"Inflation has increased notably and will likely remain elevated in coming months before moderating," Federal Reserve Chairman Jerome Powell said.
Dawn Geske
Jul 14, 2021