The latest inflation report shows prices were up in January, pushing the annual inflation rate to 3%. News 6 Anchor Lisa Bell spoke with CBS News business analyst Jill Schlesinger to dig deeper into ...

U.S. inflation accelerated last month as the cost of groceries and gasoline rose, a trend that will likely underscore the ...

Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee after an inflation report showed consumer prices rose more than expected. Follow along for live updates on ...

U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the ...

“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...

Kraft Heinz ( KHC) is close to a 52-week low after it reported a 4.6% decline in sales during Q4. Organic sales fell -3.1% ...

The Consumer Price Index rose month-to-month and year-over-year, both surpassing expectations with increases in shelter, food ...

The housing market is starved for relief on mortgage rates, but hope for interest rate cuts just took a huge blow with the latest inflation figures.

The chief source of inflation in January was the cost of shelter. That accounted for about 30% of the overall increase in the consumer-price index. Yet shelter costs — rent and housing — are actually ...

Signs of resurgent inflation shown in January's consumer-price index can't be "easily explained away" by seasonal factors, and pressure will build on the Federal Reserve to stay on hold for a ...

Inflation in the US rose more than expected in January, reinforcing expectations that the Federal Reserve may delay interest ...