Economy Jul 14 Inflation eased in June, but Americans still feel pressure from high prices By Liz Landers, Ryan Connelly Holmes
Economy Jul 14 Massive data center buildout poses latest inflation threat for consumers Investment in data centers has made memory chips, computer processors and other equipment, as well as electricity, more expensive. By Christopher Rugaber, Associated Press
Economy Jul 14 Inflation cools more than expected in June as gas costs fall and underlying prices ease Tuesday's report likely reduces pressure on the Fed to boost its short-term interest rate to combat inflation. By Christopher Rugaber, Associated Press
Economy Jul 08 Watch 6:55 As living costs soar, more retirees head back to work As the cost of living continues to rise in the United States, people are finding it more difficult to make ends meet. Older Americans are feeling it more than most. Paul Solman reports on what's forcing many retirees to unretire. By Paul Solman, Layla Quran
Economy Jul 01 Watch 8:41 As veterinary costs climb, private equity ownership of clinics draws scrutiny Veterinary care is becoming increasingly expensive for American pet owners. As prices rise, attention is turning to a major shift in the industry: private equity firms and large corporations buying up veterinary practices across the country. Paul Solman has the… By Paul Solman, Mary Fecteau
Jul 01 Federal Reserve Chair Warsh emphasizes political independence, signals focus on inflation By Christopher Rugaber, Associated Press In remarks at a central bank conference in Sintra, Portugal, Warsh said that if businesses or households thought the Fed would accept inflation above 2%, “I guess they'd be disappointed. We're going to deliver price stability.”… Continue reading
Jun 25 Key inflation gauge jumps to 3-year high in latest sign of affordability challenges By Christopher Rugaber, Associated Press The increase was largely driven by more expensive gas, as well as pricier semiconductors and other computer equipment that are in high demand for the AI buildout. Continue reading
Jun 16 Higher prices for gas, groceries and flights will outlast Iran war, analysts say By Mae Anderson, Associated Press The fighting disrupted not only fuel supplies but also the supply chains for fertilizer, food and even footwear. Continue reading
Jun 10 Watch 6:41 As Iran war drags on, spiking energy prices send inflation to 3-year high By Geoff Bennett, Jackson Hudgins Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices,… Continue watching
Jun 10 WATCH: Trump claims U.S. is taking 'millions of barrels' of oil out of Strait of Hormuz, calls inflation data 'great' By Associated Press 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.”… Continue reading