Inflation falls for 2nd consecutive month on lower gas prices

Inflation has driven up the costs of families’ grocery bills, rents, and utility costs, placing hardships on households and increasing gloom about the economy despite job growth and low unemployment.

Online prices rise in August as food, apparel lead gains

So far in 2022, shoppers have already spent $580 billion online, up 8.9% compared with a year ago.

Massive rail strike could mean more supply chain issues

A possible worker strike would threaten the U.S. economy with an estimated cost of $2 billion per day.

Is inflation cooling off? It depends where you live

Western states facing inflation rate of 9.6% even as price increases show hint of slowdown.

Consumer prices rise to 6.3% in July as inflation begins to ease a bit

A report released by the Commerce Department reveals that a decline in energy prices in July offered some relief amid high prices caused by inflation.

Steak prices decline on waning demand

The cost of steak is on the decline while ground beef prices remain elevated as consumers adjust their protein preferences to escape soaring inflation.

Seattle CEO who cut his pay so workers earned $70K resigns

A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his resignation.

What's in the Inflation Reduction Act? Health care, climate change goals become law

President Joe Biden arrived at the White House promising to “build back” America, and now he has signed into law legislation with a slimmer version of that idea.

Inflation Reduction Act: Biden signs massive climate and health care bill

President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill, which includes the most substantial federal investment in history to fight climate change.

Congress passes Dems' climate, health bill in triumph for Biden

Democrats have pushed their landmark climate and health care bill through Congress, handing an election-year victory to President Joe Biden.

US inflation slips from 40-year peak but remains high at 8.5%

Consumer prices jumped 8.5% in July compared with a year earlier, the government said Wednesday, down from a 9.1% year-over-year jump in June.