The consumer price index rose 3.5% in June 2026 from a year earlier, the Bureau of Labor Statistics said Tuesday. It was a slowdown from May, the first pullback in the annual inflation rate since ...

At an event in Providence, Federal Reserve chairman Jerome Powell said policymakers are trying to manage risks to both sides of the central bank’s dual mandate of maximum employment and stable prices ...

Inflation is the rate at which the general level of prices for goods and services in an economy increases over time, eroding purchasing power. When inflation occurs, each unit of currency buys fewer ...

Restaurant owners are struggling with rising food costs, increased operating expenses, and lower customer traffic than before the pandemic. Food inflation and supply-chain disruptions, including the ...