Economy Aug 12 Inflation cooled last month as gas prices fell, though costs remain elevated By Christopher Rugaber, Associated Press
Economy Jun 10 Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges Rising gas prices pushed inflation to its highest level in three years last month, a headache for the Federal Reserve and a potential political challenge for the Trump administration as midterm elections near. By Christopher Rugaber, Associated Press
Economy May 13 Tax cuts collide with inflation as voters weigh Trump's economy in the midterms Although President Donald Trump has tried to put more money in middle-class pockets with tax cuts, the benefits are being eroded as prices keep rising, especially during the war with Iran. The latest numbers, released Tuesday, showed the rate of… By Bill Barrow, Associated Press
Economy Apr 11 New vehicles now sell for an average of nearly $50,000 Consumer prices rose 3.3% in March, the biggest yearly increase since May 2024, while new car prices were up 12.6% from a year ago, the Labor Department reported. By Alexa St. John, Associated Press
Politics Nov 14 Trump drops tariffs on beef, coffee, tropical fruit as pressure rises over consumer prices President Donald Trump signed an executive order Friday to get rid of tariffs on a broad swath of commodities, including beef, coffee and tropical fruits. It's part of a response to pressure from consumers who complain prices are too high. By Associated Press
May 30 Consumer prices rose slightly in April amid Trump's tariffs By Christopher Rugaber, Associated Press The figures show inflation is still declining from its post-pandemic spike, which reached the highest level in four decades in July 2022. Continue reading
Jul 11 Cooling inflation may pave way for interest rate cut soon By Christopher Rugaber, Associated Press Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. Continue reading
Jun 12 Inflation eases for 2nd straight month, a sign this year's acceleration of prices may have passed By Christopher Rugaber, Associated Press Inflation in the United States eased in May, a hopeful sign that an acceleration of prices that occurred early this year may have passed. Continue reading
May 31 A closely tracked inflation gauge rises at slowest pace this year By Christopher Rugaber, Associated Press A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year. Continue reading
Feb 29 Federal Reserve's preferred inflation gauge picked up last month in sign of still-increased prices By Christopher Rugaber, Associated Press An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month. Continue reading