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The Federal Reserve’s preferred measure of inflation dipped in August, as multiple central bank officials have said future interest rate hikes could be on the horizon. The personal consumption ...

The Federal Reserve's preferred inflation gauge cooled more than expected but remained elevated well above target in August as consumers continued to face price pressures. The Commerce Department on ...

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Swallowing a piece of chewing gum is a common accident, but does it really stay in your stomach for seven years? A widespread urban myth claims that swallowed gum sits indigestible in your digestive ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Inflation is once again outpacing wage growth and eroding workers’ purchasing power. In August, consumer prices rose 3.4% from a year earlier, compared with 3.1% wage growth. April of this year was a ...

The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July. By Ben Casselman The stubborn U.S. inflation problem did not get much worse in July.

Inflation in the United States is holding steady well above the Federal Reserve’s 2 percent target for the 65th straight month, intensifying the debate about whether the US central bank should hold or ...

Inflation cooled a bit last month as gasoline and grocery prices fell. Consumer prices in July were up 3.4% from a year ago, according to a report Wednesday from the Labor Department. That's a smaller ...

Is the government lying to us about how high inflation really is? Many financial advisers report hearing this question from their clients. And the concern is understandable, since the consumer-price ...