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 ...

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 ...

The Federal Reserve’s favored inflation gauge just moved in the wrong direction. It comes as President-elect Donald Trump promises massive tariffs that could push the cost of living even higher. The ...

Major stock indices plunged Wednesday after the Federal Reserve signaled a slower pace of interest rate cuts for 2025 than previously forecast, renewing concerns about how fast inflation would fall.

Wednesday’s report from the Labor Department showed that consumer prices rose 2.5% in August from a year earlier, down from 2.9% in July. It was the fifth-straight-annual drop and the smallest since ...

July CPI shows inflation ticking up, with core inflation at 3.0% year-over-year, signaling an end to the recent disinflation trend. Durable goods inflation is rising, partly due to tariffs, but ...