President Donald Trump promised to lower costs on his first day in office. But his import tariffs and war with Iran have made that impossible for now.

The Bureau of Labor Statistics said the consumer price index jumped 3.3% in March from a year earlier, the most since mid-2024 and driven by soaring energy prices amid the U.S.-Israeli war with Iran.

Bad news on the U.S. jobs market is likely to induce Federal Reserve policymakers to cut interest rates next week. The last thing they want to see now is more unwelcome news on inflation — but they ...

I don’t have to tell you how bad inflation is. Just take a jaunt down to the nearest grocery store or gas station and you ...

CNN's Harry Enten dropped very bad news for Trump as a new inflation report hit, telling John Berman that "Trump voters have ...

We know grocery and restaurant prices are up. We’ve been warned about the impact of tariffs on consumer products. And yet people still seem to be buying. Tariffs haven’t taken much of a bite after all ...

Inflation continues to be one of the top issues in the country. Although some prices have fallen, many are still rising and, what’s more troubling, are rising at a faster rate. Households’ hopes of ...

Inflation data last week was "bad news" for the U.S. Federal Reserve and means the Fed needs to be cautious about rate cuts until inflation begins to recede, Chicago Fed President Austan Goolsbee said ...

CNN — New York (CNN) — US stocks fell sharply Wednesday after inflation data for March came in higher than expected. The blue-chip Dow closed 423 points, or 1.1% lower. The S&P 500 lost 1% and the ...

Inflation began rising again at the wholesale level last year. Now price increases are making their way into consumer goods such as clothes. U.S. inflation at the wholesale level rose to a three-year ...

Inflation continues to be one of the top issues in the country. Although some prices have fallen, many are still rising and, what’s more troubling, are rising at a faster rate. Households’ hopes of ...

The cost of tariffs are showing up in the economy, but so far price increases have been small and gradual. Bad news on the U.S. jobs market is likely to induce Federal Reserve policymakers to cut ...