Fiercely contested bill to raise New Mexico's minimum wage to $17 per hour advances
A controversial pitch to raise New Mexico’s minimum wage to $17 an hour and do away with the much lower rate employers pay tipped workers has ignited fierce opposition from business advocates. House ...
Producer prices report points to softer Fed inflation measure than feared
The producer price index was expected to increase 0.3% in January, according to the Dow Jones consensus forecast.
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Grocery retailers begin limiting egg purchases amid supply issues
Some grocery retailers are beginning to place limits on how many cartons of eggs customers can buy as the ongoing bird flu ...
The stock market remains pretty calm despite the post-CPI selloff, according to this key measure.
U.S. stocks were mostly lower on Wednesday afternoon after a hotter-than-expected CPI inflation report sent the broader market into a tailspin in the morning trading. Yet the Cboe Volatility index, ...
January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
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January reports highest month-over-month inflation increase since August 2023
The consumer price index rose 0.5% in January 2025, driven by higher energy costs, marking the largest month-over-month ...
Inflation rises 3% in January, hotter than expected
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
Housing Costs Shift Higher, Again
Housing, which has been one of the more persistent inflation factors, continues to be on a bumpy cooling path. The consumer ...
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Consumer Price Index shows inflation heated up in January
The Consumer Price Index rose 0.5%, while a measure that strips out energy and food rose 0.4%, the Labor Department said on ...
Consumer prices rise 0.5% in January, higher than expected
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
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Inflation ticks up to 3 percent annual increase in January
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...