U.S. inflation cooled last month as the cost of gas, clothes, and used cars fell, providing some relief to consumers, while underlying price pressures also slowed more than expected. Consumer prices ...

Inflation eased in June but economists say tariffs, AI-driven demand and renewed fighting between the U.S. and Iran could keep price pressures elevated for months to come.

Lowering interest rates may not be on the table if inflation stays elevated.

The news of an improvement in consumer prices in June came as the U.S. and Iran escalated attacks, risking a return to high ...

As of September 2024, Arizona experienced a 22.1 percent increase in prices of goods and services since January 2021, surpassing the national average of 20.5 percent, according to data from the United ...

Barrenjoey economist Jo Masters thinks the Reserve Bank will need to raise rates next month, and possibly again in November.

Fed Chair Kevin Warsh told lawmakers the central bank won't tolerate persistently elevated inflation and will take the steps ...

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 ...

The U.S. war with Iran and the resulting spike in energy prices have pushed inflation to its highest level in nearly two years. A report from the Labor Department Friday showed consumer prices in ...

Wall Street stocks advanced Wednesday following another benign US inflation report as oil prices edged higher following the ...