Inflation is creeping higher, with some Americans saying they're squeezed: "It's really challenging"

The Consumer Price Index likely inched higher in August, reflecting higher costs for food and other items, economists say. Read More

Inflation climbs in August as grocery and gas prices jump

Inflation accelerated in August as Americans paid more for gasoline and groceries. Over the last 12 months, consumer prices have risen 2.9%. Read More

Consumer sentiment dips for the first time since April

Consumer sentiment slipped 5% in August, marking the first decline in four months. Inflation worries drove a sharp drop in buying conditions for durable goods, falling 14% to a one-year low. Inflation ... Read More

California shoppers see surging grocery inflation once again

Prices in the “food at home” category grew at an average 3.3% annual rate this summer – double from 1.5% in 2024. 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

US consumer inflation accelerates; weekly jobless claims approach 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 jobless benefits last week kept the Federal ... Read More

Consumer Sentiment Dips on Inflation Worries

The preliminary index of consumer sentiment for August from the University of Michigan fell in August for the first time in four months as Americans worried about inflation. The overall index declined ... Read More

Consumers Faced Higher Inflation in August as Housing, Groceries Spike

In particular, prices for housing increased 0.4% in August, while the cost of groceries went up by 0.6%. The increase in prices of necessities means consumers will continue to be squeezed as the pace ... Read More