Inflation hits 21-month high
Americans are feeling the pinch of inflation.
Americans are feeling the pinch of inflation.
A key measure of inflation fell to nearly a five-year low last month as apartment rental price growth slowed and gas prices fell, offering some relief to Americans grappling with the sharp cost increases of the past five years.
Shoppers unexpectedly paused their spending in December from November, closing out the holiday shopping season and the year on a lackluster tone.
Inflation picked up for U.S. producers in November.
U.S. consumers got some good financial news heading into the holiday season.
U.S. inflation slowed unexpectedly last month according to data that was delayed, and likely distorted, by the government shutdown.
President Donald Trump announced a $12 billion farm aid package on Monday — a boost to farmers who have struggled to sell their crops while getting hit by rising costs after the president raised tariffs on China as part of a broader trade war.
A rising number of Americans are concerned about their wallets and bank accounts.
Prices on wholesale goods are pushing inflation higher.
Filling the dinner table is emptying your wallet.