“There could be some seasonality that pushes prices up at a faster clip in January ... combat rising inflation. Raising interest rates is meant to help curb demand and slow down price hikes.

Elon Musk's DOGE has announced it is terminating $881 million worth of Education Department contracts. Newsweek's live blog ...

U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...

Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...

The producer price index for final demand climbed 0.4% from a month earlier, and that after an upwardly revised 0.5% increase ...

Donald Trump promised as a candidate that he could easily conquer inflation, but the reality is proving tougher than he ...

Inflation is up, and so are food and gas prices. Donald Trump said he'd fix everything on day one – but we're way past that.

Rent increased 0.3% for the second month, continuing a slowing trend and nudging down the ... have fueled inflation more than any other category, making up 35% of overall price increases in ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking ...

The Consumer Price ... inflation back down just as new inflation risks - from tariff hikes and a squeeze on labor supply growth - start to emerge." The new data shows that inflation picked up ...

The S&P 500 ended down on Wednesday after a hotter-than-expected U.S. inflation reading added to worries that the Federal ...

reflecting outsize turn-of-the-year price resets. The upshot is that inflation reports due this week could show whether the Federal Reserve’s fight to bring inflation down has cleared a key hurdle.