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...

Inflation worries remain as employment data has surpassed expectations.

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

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…