US consumer prices rose 4.2% in May, in the hottest annual reading since April 2023, as surging energy costs pushed inflation ...

Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.

A sharp rise in fuel costs pushed US inflation to its fastest annual pace in three years in May, according to data published on Wednesday, strengthening the case for the Federal Reserve to keep ...

Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm ...

How much control does the president really have over inflation?

Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's interest-rate outlook. View on ...