Wholesale inflation surged in September
Wholesale inflation surged in September to the highest level in more than four years, according to Bureau of Labor Statistics data released Thursday morning, October 15.
food inflation
Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near
U.S. inflation accelerated last month as gasoline and many other goods and services became more expensive, evidence that rising prices remain an economic challenge just a few weeks before midterm elections that have focused heavily on affordability.
Inflation remained elevated in August
Inflation didn’t cool at all last month.
Americans’ view of the economy sinks to the lowest level since 2014, Conference Board survey says
Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war.
Federal Reserve is expected to raise its benchmark rate, defying Trump’s demands
The Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s support for a cut.
No relief from inflation as Middle East clashes lifts fuel prices to painful levels
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters with midterm elections now just seven weeks away.
President Trump to make it easier for ranchers to process their own meat
Friday, August. 28, President Trump said he will make it easier for ranchers to process their own meat.
Trump announces 90 day tariff relief for some ground beef imports
President Trump announced a new plan to lower beef prices.
Strawberry prices could rise
A Commerce Department report expected by Tuesday, Aug. 18, eventually could impact the cost of strawberries in the U.S.
Inflation slows but prices remain elevated as Iran war and spending on AI push up prices
U.S. inflation declined slightly last month as the cost of gas and groceries slipped, though prices are still rising more quickly than before the Iran war, posing challenges for the White House as the midterm elections near.
