The Labor Department is set to release the December consumer price index (CPI) on Tuesday, which is expected to show inflation remaining elevated above the Federal Reserve's 2% target as data ...
The Federal Reserve's preferred inflation gauge showed that consumer prices remained elevated in November, ahead of the central bank's policy meeting next week. The Commerce Department on Thursday ...
President Donald Trump is touting new government statistics that show inflation remained steady last month. "JUST OUT: Great (LOW!) Inflation numbers for the USA," the president wrote in a social ...
CNN is facing social media backlash after a social media user pointed out a perceived disparity in how the outlet framed the economy under President Donald Trump versus former President Joe Biden.
The final inflation report of 2025 showed that prices rose 2.7% in December from a year ago, a sign that cost pressures for consumers remain slow to ease, particularly for everyday items. A drop in ...
The Labor Department says consumer prices increased 0.3% in December and held steady at 2.7% on a year-over-year basis. Food prices increased 0.7% for the month and were up 3.1% from a year ago. Gas ...
How wages compare with inflation since 2020: 'It feels likes stagnation because it is,' analyst says
Wages have largely kept up with inflation since the Covid-19 pandemic started in 2020 — but for many workers, it hasn't felt like much of a win. Price increases and pay gains have seesawed over the ...
WASHINGTON (AP) — Inflation cooled a bit last month as prices for gas and used cars fell, a sign that stubbornly elevated cost pressures are slowly easing. Consumer prices rose 0.3% in December from ...
The CPI was expected to rise 2.6% on an annual basis last month, according to economists surveyed by financial data firm FactSet. The CPI tracks the changes in a basket of goods and services typically ...
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