High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...
The consumer price index jumped 4.2% in May versus a year earlier, its highest level in more than three years, according to the U.S. Bureau of Labor Statistics. Gasoline and other energy prices surged ...
Inflation continued to rise in May, with the Personal Consumption Expenditures price index rising at an annual rate of 4.1%.
Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...
John Schmidt is the Former Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate ...
The latest inflation numbers aren’t especially encouraging for Warsh. He's a fan of so‑called trimmed‑mean inflation, which ...
While crude oil prices soar above triple digits amid the ongoing disruption to shipping through the Strait of Hormuz, President Donald Trump‘s next political crisis may already be taking shape at the ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, economics, and public policy. Peter began covering markets at Multex (Reuters) and has ...
The consumer price index rose 2.4% in February from a year earlier, unchanged from January, according to the Bureau of Labor Statistics. That's still slightly above policymakers' long-term inflation ...