Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

Economists expect a key inflation gauge set to be released on Wednesday to show that U.S. consumer prices in May rose at their fastest pace in more than three years. The Consumer Price Index is ...

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate off an expected 0.5% monthly gain in May. Worries are growing that the ...

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Firefighters from across Utah deploy to fight massive Babylon, Cottonwood wildfires Firefighters from local agencies statewide joined the fight against the massive Babylong and Cottonwood wildfires ...

President Donald Trump said, "I love the inflation" after he was asked if he was worried about newly released consumer price index data. The CPI showed the annual inflation rate at 4.2%, a three-year ...

The Consumer Price Index is one of the last major data releases ahead of Kevin M. Warsh’s first meeting as chair of the Federal Reserve. By Colby Smith Colby Smith covers the Federal Reserve. The ...

Inflation has lowered somewhat during President Donald Trump’s second term, but it’s not “plummeting,” as he boasted in his State of the Union speech. And he falsely claimed he inherited “record ...

WASHINGTON — President Donald Trump brushed off concerns about the nation's sharp increase in consumer prices, telling reporters that he loves the inflation as gas prices remain high as a result of ...

President Donald Trump said on June 10, 'I love the inflation.' The May CPI report shows prices have gone up 4.2% since the year prior. Trump later told the New York Post he said he thought the ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report ...