Inflation soared in June, continuing to climb at the fastest pace in 40 years across many sectors of the economy, driven in lar
Inflation touched a new 40-year high last month as gas, food, and rent costs surged.
The Federal Reserve raised interest rates by three-quarters of a percentage point Wednesday in an effort to combat stubbornly h
Economists like to strip food and energy out of their inflation calculations.
Excluding the volatile food and energy categories, so-called core prices jumped twice as much from March to April as they did t
Tens of thousands of people were marching in cities across Europe for May Day protests to honor workers and shame governments i
Tesla 's first-quarter earnings looked surprisingly great. CEO Elon Musk even offered guidance for the rest of 2022.
Inflation has proven to be one of the most blistering features of the covid economy, testing the White House and Federal Reserv
Russia's invasion of Ukraine could cause gas prices, oil prices, and inflation to increase.
Shortages of supplies and workers, heavy doses of federal aid, ultra-low interest rates and robust consumer spending combined t