According to federal data released Wednesday, the price of goods increased 1.3% in June, causing inflation to reach a new 40-year high of 9.1% for the 12-month period ending in June. The new figures ...
Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and likely sealing the case for another large interest rate hike by the ...
Republicans still have time to tackle the affordability issue head on, Winston writes, and avoid the same mistakes that defined Biden’s economic messaging.
WASHINGTON — Inflation soared over the past year at its highest rate in four decades, hammering America's consumers, wiping out pay raises and reinforcing the Federal Reserve's decision to begin ...
Although inflation has eased, many Americans say they still feel squeezed financially. Here are five areas where households ...
The Consumer Price Index in May rose 2.4% on an annual basis, reflecting a cooler-than-expected increase last month and signaling that the impact of President Trump's tariffs hasn't yet trickled ...
While 2015 might feel like just yesterday — especially to those 40 and older — it was a whole 10 years ago. And $100 back in 2015 won’t buy nearly the same things as $100 in 2025. Let’s break down ...