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

Inflation rate cools to 1.7% in July thanks to lower gas prices: StatCan

OTTAWA — Inflation cooled in July thanks largely to relief at the gas pumps, but Statistics Canada said grocery and shelter costs were accelerating last month. The annual rate of inflation fell to 1.7 ... Read More

Rising inflation and a deteriorating job market puts the Fed and Americans in a difficult spot

The data raises the specter of “stagflation,” a trend that last bedeviled the U.S. economy in the 1970s. The term refers to a period of slower growth, higher unemployment along with rising inflation. Read More

Fact check: Trump says gas and grocery prices are down

The prices of some food items, such as eggs, bread and fruit, have declined on President Donald Trump's watch, and overall energy prices have fallen 2.6%. But many food and energy items have seen ... Read More

Here are the biggest takeaways from the government's latest inflation data

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. 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