Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting interest rates soon, but there only scattered signs of tariff-related ...

DeVries said the new local rules, unanimously approved last month by the City Council, will make the shelter more efficient.

Shelter was the "primary factor" for the increase in headline CPI, according to BLS, up 0.3% on the month. Energy costs, meanwhile, were down 1% in May as gas prices declined.

The yearly increase in shelter prices has decelerated steadily from a 40-year high of 8.2% in early 2023. Still, the cost of shelter is rising faster than it did before the pandemic in 2020.

The good news on housing is that inflation in the sector remained steady last month. That’s the bad news as well. The index for shelter rose 0.3% in May for the second consecutive month ...

Services inflation, especially rent and shelter inflation, continued to decline, offsetting rising core goods inflation that may be influenced by tariffs, Steve Hou, a quant researcher at ...

Despite the current market optimism, relying on economic headlines for investment decisions can prove harmful in the long run ...

The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to 2.7% on an annual basis as prices rose for consumers.

Efforts to stem inflation in the cost of services didn’t show much progress in April even though airfares continued to fall. That will help justify the Fed’s continued wait-and-see approach to ...

Rents and home prices aren’t going up like crazy anymore, but they are still one of the biggest sources of U.S. inflation. The cost of shelter rose at an elevated pace in April with a 0.3% increase.