Americans were already feeling squeezed by rising prices, and now they have fresh data to confirm it. After months of relative stability, consumer prices are climbing at their quickest annual pace in ...

The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers continued to face elevated price growth. The Commerce Department on Thursday reported that the ...

February’s PCE report is expected to show elevated price growth, a departure from the softer-than-expected increase in January. Economists forecast goods inflation to firm, keeping annual inflation ...

A Federal Reserve policymaker is warning that it could make sense to raise interest rates if inflation remains elevated above the Fed's 2% target amid uncertainty over the duration of the oil and gas ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

When contending with years of budget-breaking inflation, there was at least one saving grace: For the past 34 months, the average wage was growing faster than prices were. When the Consumer Price ...

Consumer prices were up 3.3% in March from a year earlier, the Labor Department said Friday, much hotter than February’s gain of 2.4%. It was the highest reading in two years. But it was also in line ...

The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...

Inflation pressures facing U.S. services firms were the greatest in four years last month as the war in Iran pushed up energy prices, a survey of managers found. The prices index in the Institute for ...

Tariffs implemented last year by President Donald Trump's administration are entirely to blame for the recent surge in prices for consumer and household goods. Those tariffs have raised core goods ...

The inflation rate has jumped across most of Southern California and the nation, a surge linked to the Iranian conflict, which has ballooned pump prices that drivers pay. My trusty spreadsheet ...

Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey. The drop in ...