Inflation jumped in March as prices for consumer staples such as gasoline edged higher and those for housing remained stubbornly high, suggesting inflation may be a bit stickier than it seemed just a ...

A chart comparing today's post-COVID-19 inflationary wave to the great inflation of the 1970s is making the rounds again after Wednesday's hotter-than-expected CPI report. Apollo economist Torsten ...

The US economy grew 3.1% last year, trouncing widespread calls for a recession and exceeding my relatively sober expectation for 2% growth. The correct way to view the interplay between growth and ...

Economists prefer to look at the rate of change of inflation knowing that inflation almost always goes up in the long-run. Economists sometimes extract certain items like oil and food because they are ...

As inflation continues to slow, shoppers are finally getting some relief at the grocery store. Rising food prices have been among the biggest drivers of inflation since 2020, with a combination of ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor ...

The consumer price index increased 2.7% in November 2024 from a year earlier, according to the Bureau of Labor Statistics. Inflation is not accelerating, but remains persistently too high, economists ...

Inflation fell slightly in May, as positive trends such as lower gasoline prices were counteracted by others including stubbornly high costs for housing. Trends under the surface suggest the fight ...

Inflation continued to retreat in July, aided by easing price pressures for consumer staples like food and energy and physical goods like new and used cars. The CPI gauges how fast prices are changing ...