I t's an Eyewitness News tradition: our cub reporters take you behind the scenes of the balloon inflation for Thursday's ...

Inflation may be rapidly cooling, but there's one area that continues to eat away at Americans' budgets: Stubbornly high food prices. Rising food costs were one contributor to the hotter-than-expected ...

Jethro’s BBQ has recently captured Iowa City residents’ attention due to the addition of an “inflation fee” on customer bills. This fee, which the restaurant has since renamed to a “market surcharge,” ...

Inflation concerns and hotter-than-expected inflation data are reducing the outlook for rate cuts by the Fed. Wages remain high, adding to inflationary pressures and potentially hurting small ...

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ...

On paper, the U.S. economy has been strong. Inflation is down from its 2022 peak, the labor market remains solid and robust consumer spending is fueling gross domestic product growth. But all those ...

Inflation hit 9% during President Joe Biden’s tenure, the highest in about four decades. But it reached that level about a year and a half into his presidency. When Biden was inaugurated, ...

Inflation fell to its lowest level in 3-and-a-half years in August, clearing the way for the Federal Reserve to start cutting interest rates next week. Consumer prices in August were up 2.5% from a ...

Inflation has cooled significantly in recent months — but you may still find yourself paying more at the grocery store or the doctor's office than before the pandemic. It's a big reason why people are ...

Amid the worst two-day wipeout in U.S. stocks on record, the world’s largest and most liquid government-bond market offered investors some reason for hope when it comes to assessing the likely fallout ...