These 5 U.S. cities have been hit hardest by inflation

Dallas, Detroit, Honolulu, San Francisco and Seattle are all distinctly different U.S. cities, but with one thing in common: Residents there have been hit hardest by inflation. That's according to ... Read More

US Economy News Today: Consumer Sentiment at Lowest Point Since Last Year

Today, inflation cooled and we look ahead to what that means for the Federal Reserve's upcoming meeting. Read More

High inflation could haunt Kamala Harris in fight against Trump

Voters disgruntled with years of high inflation could blame Vice President Kamala Harris, the likely Democratic nominee, at the ballot box in November. Read More

Fed’s Preferred Inflation Measure Cooled Overall in June

The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down. Read More

What Today’s Inflation News Could Mean for CD Rates

Sabrina Karl has over two decades ... As a result, all eyes were on today’s April release, watching to see which direction the inflation trend was moving. The good news is that it didn’t ... Read More

Inflation is inching closer toward the Fed’s 2% target

Yet another favorable piece of economic data shows that price hikes are slowing and that long-unruly inflation appears to be tamed. Read More

Political Cartoons on Inflation in the U.S.

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Fed’s preferred inflation gauge cools, adding to likelihood of a September rate cut

The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates ... Read More

Political News

The Justice Department has charged a North Korean military hacker for allegedly extorting hospitals and health care providers in the U.S. through a cyber espionage campaign. Read More

Inflation measure closely watched by the Fed rises 2.5% in June

The Federal Reserve's favorite measure of tracking inflation rose 0.1% in June as American families continue to grapple with elevated consumer prices. Read More

Cooling US inflation bolsters September rate cut hopes

U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation environment that could position the Federal Reserve ... Read More