Iran war drove up inflation to highest since 2023
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inflation, hot CPI
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Inflation approached 3-year high
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For the first time in three years, Americans’ wages are no longer outpacing inflation.
Thanks to this week's inflation data, estimates for Social Security's 2027 cost-of-living adjustment (COLA) are rising. Yahoo Finance Senior Columnist Kerry Hannon breaks down the details in the video above.
April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserve’s cautious stance on interest rates. Read more here.
Ty Roush is a breaking news reporter based in New York City. Inflation worsened as expected in August as President Donald Trump’s tariffs continued to raise consumer prices, according to data released Thursday by the Bureau of Labor Statistics, the last ...
Two federal reports posted Tuesday (May 12) show a clear squeeze on the consumer, with higher energy, food and housing prices – just to name a few key areas
Gold fell on Monday, as stalled U.S.–Iran negotiations pushed oil higher, fueling concerns of elevated inflation keeping interest rates higher for longer.
By Noel John May 13 (Reuters) - Gold edged lower on Wednesday after strong U.S. inflation data dampened speculation of near-term interest rate cuts, with investors also focused on an upcoming meeting between U.
Gold and silver remain volatile as U.S.-Iran tensions, rising oil prices, a stronger U.S. dollar, and upcoming inflation data shape the next move in precious metals.
They say patience is a virtue, and that is being tested this week as the January jobs report from the Labor Department gets released five days behind schedule on account of the short government shutdown last week. Economists are looking for a gain of about ...
The producer price index for total final demand rose 1.4% in April, compared with a revised 0.7% monthly advance in March.