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U.S. inflation remained elevated in April, with the annual rate climbing to its highest level in nearly three years as energy and food prices kept pressure on household budgets. The Labor Department report, released Tuesday, May 12, also showed underlying inflation picked up, partly reflecting a one-time adjustment to rent measures.
The headline monthly inflation figur...
U.S. inflation remained relatively steady in December, based on a government report released Tuesday, January 13, with consumer prices increasing at a pace that generally aligned with expectations or came in slightly below.
Shelter, grocery, and restaurant prices were among the larger gainers, while gasoline and used car prices declined.
The headline monthly inf...