By Howard Schneider WASHINGTON, May 2 (Reuters) - Inflation data last week was "bad news" for the U.S. Federal Reserve and ...

The central bank's projection may be devastating to a historically expensive stock market.

Here’s something no American wants to hear: Prices are surging again, and uncomfortably high inflation could be with us for quite some time. Inflation has been a thorn in the US economy’s side since ...

Gallup’s April survey found a record 55% of Americans say their finances are getting worse, with inflation and living costs ...

There’s a narrative floating around right now that if inflation would cool off, and if prices would finally come down, Americans would be back on solid financial footing. I don’t buy it. Not at all.

The Bureau of Labor Statistics said the consumer price index jumped 3.3% in March from a year earlier, the most since mid-2024 and driven by soaring energy prices amid the U.S.-Israeli war with Iran.

The numbers: Shortly before the start of the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge facing the Federal ...

Inflation began rising again at the wholesale level last year. Now price increases are making their way into consumer goods such as clothes. U.S. inflation at the wholesale level rose to a three-year ...

Iran war uncertainties are threatening to disrupt a persistently strong rally in the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. A historic energy supply disruption could pinch ...

Australia’s central bank should move to a cash rate of five per cent sooner rather than later in order to avoid a “very bad ...