Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.

The increase in the consumer price index for the 25-county region that includes Long Island was fueled in part by the cost of natural gas, electricity and housing.

During the Holidays, kitchens become the heart of family gatherings, where traditions are passed down with every recipe. CR ...

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade ...

While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more ...

Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...

Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...

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The U.S. Bureau of Labor Statistics issued the December Consumer Price ... cut after Wednesday's report. There have been conflicting data. The December Producer Price Index report showed inflation ...

Largely reflecting a surge by energy prices, the Labor Department released a report on Wednesday showing consumer prices in the U.S.

Consumer price inflation slowed as low as 2.4% in September ... it doesn’t take away from the fact that “this was a particularly painful report” for American consumers, noted Robert Frick ...

Under a potential Trump 2.0 administration, these policies may cause higher consumer prices, strained global trade relations, and slower economic growth. The report said, "Higher tariffs depress real ...