Inflation increased in August as food and housing costs rise

Consumer prices rose 0.4% over the month, driven by shelter, food, and gasoline. Annual inflation at 2.9%: Prices ar ... Read More

US inflation worsened last month, and job market slowed

The reading is the last the Fed will receive before their two-day meeting begins Tuesday, where policymakers are widely expected to cut their short-term rate. Read More

Shelter inflation continues to cool

Though inflation is likely to remain elevated this year, the Fed is expected to restart easing due to recent weaker job reports. Given the housing market’s sensitivity to interest rates, this could ... Read More

US consumer inflation heats up; weekly jobless claims near four-year high

U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for unemployment aid last week kept the Federal ... Read More

Americans Want Lower Costs, but Inflation Just Hit Its Highest Mark Since January

Inflation hit its highest annualized level since January by rising to 2.9 percent in August, according to consumer price data released Thursday by the Department of Labor. In the past month, prices ... Read More

Double whammy for Americans: Inflation continues to rise as jobs outlook grows weaker

The cost of living continues to increase for Americans at a time when the job market appears to be on shakier footing, creating a complicated economic problem that could be tricky to solve. Read More

Grocery Prices Squeezed Budgets as CPI Inflation Hit Its Highest Since January

Inflation continued to crunch budgets in August as tariffs pushed up prices on groceries and other household items. Read More