Jun 10 Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges By Christopher Rugaber, Associated Press 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. Continue reading
Jun 05 U.S. job market is strong, but many Americans still frustrated by prospects and rising prices By Paul Wiseman, Anne D'Innocenzio, Associated Press 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. Continue reading
Jun 01 Trump faces a new inflation warning from the bond market, adding to his midterm challenges By Josh Boak, Associated Press The world is getting more uptight about lending money to President Donald Trump’s government. Continue reading
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
May 07 Study: Lower-income Americans are using less gas but being hit the hardest by the price spike By Christopher Rugaber, Associated Press Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the economy's economic disparities, new research released Wednesday showed. Continue reading
Apr 30 Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices By Christopher Rugaber, Associated Press A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. Continue reading