Inflation in the United States accelerated in November, with consumer prices rising 2.7% over the past year. Monthly, the consumer price index (CPI) increased by 0.3%, according to the Bureau of Labor Statistics (BLS).
Inflation rose to 2.7% in November, aligning with economists' expectations of incoming president's plans to strengthen US global position through tariffs. Read what investors need to know.
Fueled by pricier used cars, hotel rooms and groceries, U.S. inflation rose slightly last month in the latest sign that some price pressures remain elevated.
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday ...
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago.
The Fed will meet next week, and the mild uptick is not expected to derail an anticipated quarter-point reduction in interest rates.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
Mississippi is not among the 23 states raising the minimum wage, which is $7.25 per hour for covered nonexempt workers. The magnolia state is among many without their own rate. Instead, that's set by the Federal Fair Labor Standards Act.
Inflation rose as expected in November, with the Consumer Price Index (CPI) report showing that the index rose by 0.3% month-to-month, a 2.7% rise year-to-date. The print comes just ahead of the ...
Wholesale costs in the United States picked up sharply last month, signaling that price pressures are still evident in the economy even though inflation has tumbled from the peak levels it hit more than two years ago. The Labor Department reported Thursday ...
Economists generally agree that broad tariffs on trade partners would lead to higher prices, with the burden falling on US businesses and consumers. This price increase could drive inflation higher, potentially disrupting the Fed's interest rate cuts and causing volatility in financial markets, thereby increasing economic uncertainty.