The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign…
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Retail sales up 0.9% in May as the weather improved and gasoline prices cooled
NEW YORK — Shoppers increased their spending in May as temperatures warmed and gasoline prices cooled. Retail sales rose a…
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Higher prices for gas, groceries and flights will outlast the Iran war, experts say
NEW YORK — A tentative deal to end the Iran war makes it reasonable to ask how soon prices will…
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Trump is facing a new inflation warning from the bond market
WASHINGTON — The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates…
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Trump will ease refrigerant rule in effort to address surging grocery costs
WASHINGTON — The Trump administration is set to loosen a federal rule that requires grocery stores and air-conditioning companies to…
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US filings for jobless benefits hits 211,000 as the war in Iran drags on
WASHINGTON — The number of Americans filing for jobless aid rose last week but remains historically low despite the economic…
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