Rising prices have begun to erode gains in real wages in recent years and weaken consumer purchasing power for all goods and services.

Consumer prices probably jumped in May for the third straight month, heightening concerns for the inflation fighters at the Federal Reserve and underscoring the threat rising…

Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.

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…

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

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

Inflation, as measured by the Consumer Price Index, is expected to run above 4% for the first time in three years because of the Iran war’s oil price shock.

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 was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

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

The recent increase has been driven in large part by spiking energy prices, which have soared as the conflict with Iran disrupted the global oil supply.

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.

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…

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.

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

US consumer inflation likely increased at its fastest pace in three years in May as the Middle East conflict raised prices of energy products, which would provide more ammunition…