Christopher Rugaber

Advertisment

US inflation worsened last month with prices for groceries and gasoline heading higher

WASHINGTON (AP) — U.S. inflation accelerated last month as the cost of groceries, gasoline and rents rose, a disappointment for families and businesses struggling with higher costs and likely underscoring the Federal...

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill

WASHINGTON (AP) — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new...

Trump administration orders consumer protection agency to stop work, closes building

WASHINGTON (AP) — The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the...

US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures showed signs of easing. The latest inflation figures arrive as President...

Christopher Rugaber

Advertisment