Consumer prices were unchanged in October amid lower gasoline prices and underlying inflation showed signs of slowing, supporting views that the Federal Reserve was probably done raising interest rates.
U.S. consumer sentiment fell for a fourth straight month in November and households' expectations for inflation rose again, with their medium-term outlook for price pressures shooting to the highest level in more than a dozen years, a survey showed on Friday.
National retailer Target is looking to get a jump on the competition ahead of the Thanksgiving holiday this year with a curated shopping list that covers a basic four-person meal for $25, before taxes.
Rising gas prices across the U.S. helped drive annual inflation up from 3.2% in July to 3.7% in August, but core inflation eased as long-running price increases showed signs of continued slowing, according to a Labor Department report released Wednesday.
Anne D'innocenzio, Associated Press | Posted Aug. 14 - 12:34 p.m.
Shoppers are looking beyond just the price tag of a skirt or a pair of pants in the wake of still stubbornly high inflation. Some are adopting a new calculation: How many times will they wear a piece of clothing to be able to justify the cost?
Art Raymond, Deseret News | Posted Aug. 10 - 5:06 p.m.
Declines in U.S. annual inflation rates had been on a 12-month streak before inching up 0.2% from June to July, according to a Labor Department report released on Thursday. But most economists remain optimistic about the future of the economy.
Paul Wiseman, Associated Press | Posted Aug. 10 - 4:28 p.m.
Inflation in the United States edged up in July after 12 straight months of declines. But excluding volatile food and energy costs, so-called core inflation matched the smallest monthly rise in nearly two years.