Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
US inflation ticks up as cost of groceries, gasoline grow
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed.
Live updates: Judge unfreezes Trump’s federal buyout plan; Tulsi Gabbard sworn in as intel chief
Follow live updates as the Senate votes on Tulsi Gabbard's nomination. The House DOGE subcommittee, led by Rep. Marjorie ...
Asia-Pacific markets set for higher open after Wall Street declines on inflation fears
Overnight in the U.S., the S&P 500 tumbled and bond yields spiked after consumer prices rose more than expected in January.
Warren, Waters question Fed chair on proposal ‘upending’ bank stress test framework
Sen. Elizabeth Warren (D-Mass.) and Rep. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...
Opinion
Trump’s choice to lead CFPB, McKernan, left FDIC Monday
President Donald Trump chose a former FDIC board member to lead the CFPB, an indication that he may not want to dismantle the agency.
Powell says Trump’s comments won’t affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
Stocks tumble, dollar rallies as US inflation heats up
U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
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New inflation report shows costs rising
WASHINGTON (NEXSTAR) – Wednesday’s new inflation report shows the costs of groceries, gas and rent are still rising. Consumer prices rose a half percentage point from December to January, putting the ...