Inflation surpassed 4% for the first time since 2023

The new CPI report showed inflation in May climbed to the highest rate in about three years.

Inflation swallows wage growth and American workers take a huge pay cut. Safeguard your nest egg today

For the first time in three years, inflation is once again outpacing wage growth in the United States. Consumer prices rose 3 ...

Inflation jumps to 4.2%, the highest since early 2023

Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.

The One-Two Punch That Could Be Disastrous for the S&P 500 This Year

The stock market has remained strong this year, but there may be trouble looming ahead.

Fed Faces Tough Choices as Growth Slows and Inflation Rises

With every new bit of economic data, the Federal Reserve's mission to keep inflation low and employment high at the same time ...

Oil prices trap BoC between inflation and growth: Economist reacts to rate hold

The Bank of Canada is locked into a “wait-and-see” holding pattern while it navigates a slowing economy and rising oil-driven ...

With Inflation Bearing Down, Europe Is Facing Higher Interest Rates

The European Central Bank is set to raise rates, the first such move since September 2023, as energy disruptions caused by ...

ECB to revise inflation, growth forecasts, its chief economist says

The European Central Bank will likely revise its inflation and growth forecasts next month reflecting the darkening outlook ...