Economy Jun 10 As Iran war drags on, spiking energy prices send inflation to 3-year high By Geoff Bennett, Jackson Hudgins
Politics Jun 10 WATCH: Trump claims U.S. is taking 'millions of barrels' of oil out of Strait of Hormuz, calls inflation data 'great' The president said that U.S. forces have been removing millions of barrels of oil on a nightly basis, and he had previously “wanted to say it so badly.”… By 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 Jun 05 U.S. job market is strong, but many Americans still frustrated by prospects and rising prices With just five months to go before consequential midterm elections in the U.S., Americans have grown increasingly frustrated by rising costs, and it’s unclear if the strong job numbers this year will change their gloomy view of the economy. By Paul Wiseman, Anne D'Innocenzio, Associated Press
Politics Jun 01 Trump faces a new inflation warning from the bond market, adding to his midterm challenges The world is getting more uptight about lending money to President Donald Trump’s government. By Josh Boak, Associated Press
May 28 Key inflation gauge worsens as Americans' income and spending power erodes By Christopher Rugaber, Paul Wiseman, Associated Press A key inflation gauge accelerated in April to the highest level in three years, squeezing Americans' finances and creating political challenges for President Trump and congressional Republicans with midterm elections just five months away. Continue reading
May 13 Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers By Paul Wiseman, Associated Press U.S. wholesale inflation came in hot last month. Continue reading
May 12 Watch 4:42 Hegseth grilled over direction of Iran war and costs for Americans By Stephanie Sy, Winston Wilde Defense Secretary Pete Hegseth testified in back-to-back Capitol Hill hearings where he faced bipartisan frustration about the Iran war and its rising costs. With neither the Americans nor the Iranians softening their demands, the President left for a high-stakes visit… Continue watching
May 12 Watch 5:18 Inflation could hit 4% next month and stay elevated for rest of year, economist warns By Geoff Bennett, Jackson Hudgins The latest inflation report shows price increases for American consumers in April hit a three-year high, driven by a spike in the cost of gasoline. The Consumer Price Index, which includes energy and food costs, rose 3.8% year-over-year, according to… Continue watching
May 12 Iran war hits home as gasoline prices fuel significant U.S. inflation jump By Paul Wiseman, Associated Press The Labor Department's consumer price index rose 3.8% from April 2025 and up from a 3.3% year-over-year gain in March. Continue reading