inflation

A look at the real reasons behind soaring egg prices

By Paul Solman, Diane Lincoln Estes

Egg prices have soared to new records over the last couple of months. The wholesale price for a dozen white eggs climbed to over $8 in February. Since then, that price has dropped but the prices consumers pay at the…

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WATCH: Fed keeps interest rate unchanged, sees slower growth, higher inflation ahead

By Christopher Rugaber, Associated Press

The Fed also now expects the economy to grow more slowly this year and next than it did three months ago, according to a set of quarterly economic projections also released Wednesday.

Tariff threats, spending cuts put Federal Reserve in tough spot as it meets this week

By Christopher Rugaber, Associated Press

Ongoing tariff threats as well as sharp cuts to government spending and jobs have tanked consumer and business confidence, which could weigh on the economy and even push up unemployment.

U.S. shoppers mildly increased spending in February as anxiety over the economy rises

By Christopher Rugaber, Anne D'Innocenzio, Associated Press

US shoppers stepped up their spending a just bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount.

Vaccinating chickens could help egg prices but U.S. remains hesitant

By Josh Funk, Associated Press

Vaccines could be a key means of suppressing bird flu and avoiding the slaughter of millions of chickens, which is blamed for egg prices averaging nearly $5 a dozen.

Egg prices continue to hit records as Easter and Passover approach

By Mae Anderson, Associated Press

Egg prices again reached a record high in February, as the bird flu continues to run rampant and Easter and Passover approach.

U.S. inflation slows for first time in six months, trade war threatens to hike prices

By Christopher Rugaber, Associated Press

The consumer price index increased 2.8% in February from a year ago, Wednesday's report from the Labor Department showed, down from 3% the previous month.

U.S. employers add 151,000 jobs last month though unemployment up to 4.1 percent

By Paul Wiseman, Associated Press

U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.

Mexico, Canada and China retaliate as U.S. tariffs take effect

By Josh Boak, Paul Wiseman, Rob Gillies, Associated Press

President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation and sending financial markets into a tailspin.

Consumers cut spending by most in four years last month

By Anne D'Innocenzio and Christopher Rugaber, Associated Press

Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be weighing on an otherwise mostly healthy economy.