Inflation, as measured by the Consumer Price Index, is expected to run above 4% for the first time in three years because of the Iran war’s oil price shock.

Fresh inflation data now suggests the challenge may be deeper and longer-lasting than many expected. Americans don’t need a press release to know that inflation is rising. Gasoline is above $4 per gallon amid the ongoing conflict in the Middle East and closure of the Strait of Hormuz,

Egg and energy prices pushed inflation to spike 0.5% in January 2025, meaning hopes of cuts in the first half of 2025 might prove short-lived. Already, regional Fed presidents have expressed their concern following this week’s CPI report and hinted the ...

Add Yahoo as a preferred source to see more of our stories on Google. Thousands of commercial janitors in the Twin Cities launched a three-day strike on Monday, March 4, 2024. Photo by Max Nesterak/Minnesota Reformer. Take a seat in the Break Room, our ...

Southern states lead when it comes to where residents spend the largest share of their income on fast food, according to a study.

If the U.S. economy were a car, President Donald Trump would be driving with Treasury Secretary Scott Bessent in the passenger seat helping to navigate. Federal Reserve chair Jerome Powell? He’d be in the back seat keeping conspicuously quiet, worried ...