CHICAGO (WLS) -- Inflation is affecting prices as the gas pump, grocery store and more, but President Biden and his administration are already working to lower costs. The Consumer Price Index shot up ...

CHICAGO (WLS) -- What's causing rising prices in 2021? Consumer goods increased more than 5% from last year. The prices of food, appliances, cars and gasoline are on the rise - and the pandemic is not ...

Inflation stayed well above the Federal Reserve's target of a 2% annual rate in September according to a belated report on consumer prices.

Federal Reserve Chairman Jerome Powell famously described the high inflation that had just started dragging down U.S. consumers in July 2021 as "transitory." His word choice suggested that elevated ...

Inflation fell two-tenths of a percentage point to 2.1% for the year ending in April, the Bureau of Labor Statistics reported Friday in an update to the Federal Reserve’s preferred gauge. That ties ...

Inflation reached an annual rate of 2.3% in April, less than forecasts predicted and a four-year low. Experts told Entrepreneur that the Federal Reserve will approach rate cuts cautiously in light of ...

The pace of Southern California inflation rose slightly in July as trade tensions helped nudge the cost-of-living higher. My trusty spreadsheet reviewed the Consumer Price Indexes for Los Angeles and ...

The annual inflation rate has risen to 5 pct in the month of July 2021, from 3.9 pct in June, given that non-food products were more expensive by 7.64 pct, services by 2.74 pct and foodstuffs by 2.33 ...