High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce ...

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising ...

The Bureau of Labor Statistics released the consumer price index (CPI) inflation data for May which showed that inflation rose and remained persistently high last month.

A closely watched inflation report is set to reveal how much price growth picked up in May — as many Americans remain mired in an affordability crunch.

Inflation surged in May to the highest level since early 2023, as Iran war-related fuel costs worked their way through the broader economy. Limited time: Save 25% on NBC News subscription Get ...

Federal Reserve Bank of Richmond President Tom Barkin warned that inflation is too high, though he sees tentative signs that ...

When President Donald Trump uttered the words “I love the inflation” last week, he gave a four-word gift to Democrats. But ...

A new report on Wednesday showed inflation rising 4.2 percent in May, marking its highest level in three years and underlining how hard the Iran war is hitting consumers. The Labor Department report ...

Mark Zandi, chief economist at Moody’s Analytics, went on CNBC this morning with a take that should land uncomfortably for ...

In some states, average wages have outpaced inflation. Not everyone has been so lucky.