Inflation is weighing on US incomes to a degree comparable to the 2008 Great Recession – potentially reducing consumer spending power ahead of the crucial holiday shopping season, according to a ...
WASHINGTON, Jan 13 (Reuters) - U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially ...
NEW YORK (AP) — U.S. stocks are jumping on Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from ...