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.
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.
10-year treasury yield at highest level since 2002
A key U.S. Treasury yield has climbed to its highest level in more than two decades.
Economy resilient despite gas prices
The U.S. economy was remarkably resilient this Spring despite higher gas prices.
Inflation remained elevated in August
Inflation didn’t cool at all last month.
Holiday airfares hit 10-year high
It could cost you a lot more to fly to your holiday destination this year.
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.
US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war keep costs elevated.
