GDP grew by 1.5 percent in the second quarter following a 2.1 percent increase in the first quarter.
Gasoline prices on Long Island and in the metropolitan area rose 33.8% last month overall compared with a year ago, though the rate of increase in the consumer price index was slower than in May.
The U.S. Federal Reserve on Wednesday left its benchmark interest rate unchanged, even as a renewed spike in oil prices, ...
Elevated inflation partly reflects supply shocks that that have increased prices, including of energy, the Fed said.
Pakistan, July 31 -- Rising tensions between the United States and Iran have renewed concerns over higher global energy ...
Stay up to date with our Up First newsletter, sent every weekday morning. Soaring gasoline prices, triggered by the U.S. war with Iran, have pushed inflation to its highest level in more than three ...