It's not just Iran and oil raising inflation. Prices also are reaccelerating in these
U.S. consumers are blaming the Iran War for the recent inflation surge. But data shows prices are rising in more
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Economy
Markets raise chances for a Fed rate hike following hot inflation report
A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell |
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Consumer prices rose 3.8% annually in April, the highest since May 2023
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as
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Iran says it will 'never bow' as Trump rejects peace counteroffer, prolonging
In this picture obtained from Iran’s ISNA news agency and taken on May 2, 2026, the Gambia-flagged tanker vessel Bili
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From Singapore to Brussels, world leaders eye Trump-Xi summit from afar
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base,
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Retailers are on a hiring spree. But consumers are sending warning signs
A woman walks past a “Now Hiring” sign in front of a store on January 13, 2022 in Arlington, Virginia.
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The Federal Reserve is quickly running out of reasons to cut interest rates
If the Federal Reserve still has any reasons to cut interest rates in the near future, they’re getting harder and
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Consumer sentiment falls to fresh record low in May as surging gas prices hit outlook
Surging gas prices due to the Iran war sent consumer sentiment to a new low in the early part of
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U.S. payrolls increased 115,000 in April, more than expected; unemployment at 4.3%
Job creation was better than expected in April, as the plodding U.S. labor market continued to defy expectations for a
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Here's what to expect from Friday's release of the April jobs report
Not that long ago, U.S. payroll growth of less than 100,000 or so a month meant the labor market was
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