Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.
The Federal Reserve launched another sortie against the fastest inflation in four decades on Wednesday, approving the fourth straight supersized rate increase and signaling more increases were likely in the months ahead.
On Wednesday, Chicago Mayor Lori Lightfoot (D) introduced an ordinance that would give the mayor's office an annual inflation raise capped at 5%, Fox News Digital reported.
American families have lost $6,000 in annual wages thanks to President Joe Biden’s soaring inflation, a Heritage Foundation study revealed over the weekend.
One in five Americans are unsure if they will be able to cover the costs of Thanksgiving this year, and one in four plan to skip it to save money, a recent Personal Capital survey found.
As central banks move to quell 40-year high inflation, CEO confidence is at its lowest point since the Great Recession, according to a quarterly poll of...
American families will pay far more to heat their homes this winter, according to the Energy Information Administration (EIA), which predicts that some people will see bills as much as 28 percent higher compared to last winter, with the grim outlook coming as households expect inflation to rise and the economy to get worse.
