U.S. stock futures tumbled and the dollar rose on Wednesday after data showed consumer inflation picked up more than expected ...
U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the ...
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January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
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Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...