Inflation outpaces wage growth for a second consecutive month, which could weigh on overall economic growth

Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.

Inflation worries remain as employment data has surpassed expectations.

NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…

The soaring cost of living is a political liability for President Donald Trump and his Republican Party ahead of November midterms

Inflation outpaces wage growth for a second consecutive month, which could weigh on overall economic growth

Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.

Rising gasoline prices are expected to push US CPI to 4.2% in May 2026, potentially the fastest inflation since April 2023, pressuring crypto markets.

The Consumer Price Index rose last month at a 4.2% annual rate amid a spike in U.S. energy prices.

America's consumer prices surged in May, reaching their highest in three years. This jump, fueled by rising gasoline costs due to Middle East conflict, gives the Federal Reserve…

US CPI hit 4.2% in May 2026, the highest since April 2023, as energy prices surged over 23%. Here's what it means for crypto and Bitcoin investors.

US inflation accelerated to 4.2% in May, driven by a sharp rise in energy prices as gasoline costs climbed more than 40% year-over-year.

WASHINGTON: US consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and other energy products, giving…

WASHINGTON — U.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline a...

US CPI hit 4.2% in May 2026, driven by surging energy costs. Bitcoin trades near $61K as higher-for-longer rate expectations weigh on crypto markets.

Americans have been battered by years of higher-than-expected inflation. Read more at straitstimes.com. Read more at straitstimes.com.

Consumer prices for the year ending in May rose by 4.2%, the fastest inflation rate in three years, the Bureau of Labor Statistics reported Wednesday.

Annual inflation accelerated to 4.2% in May, driven largely by higher fuel costs, as rising prices continue to weigh on household budgets and cloud the Federal Reserve's…

The soaring costs are a major issue for American voters as they head to the midterm election in November.

The soaring costs are a major issue for American voters as they head to the midterm election in November.

Figure marks new three-year high