The annual inflation rate shot higher in April as the war in Iran drove up energy and food prices, according to data released ...

U.S. consumer prices rose in April, fueled by a spike in energy prices caused by the Iran war.

Inflation rose to 3.8 percent as energy prices surged, raising concerns that persistent price pressures could complicate the ...

April inflation data is widely expected to show it has risen to a nearly 3-year high when the Consumer Price Index is ...

However, a pair of hot inflation reports and the resulting rise in interest rates represent fresh risks for the market rally ...

Oil prices drove inflation to 3.8%, topping wage growth of 3.6%—but history shows energy spikes reverse, and real wages ...

These household products have risen the most dramatically due to inflation caused by the war in Iran, a devastating drought, ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

For the first time in three years, Americans’ wages are no longer outpacing inflation.

U.S. producer prices increased more than expected in April, posting their biggest gain since early 2022, the latest indication that inflation was accelerating amid the war with Iran.

U.S. inflation data came in hotter than expected on Wednesday, reinforcing expectations that the Federal Reserve will keep interest rates steady at 350-375bps not only at its June 17 meeting, but also ...

The struggles of Iran's economy are testing its ability to withstand the war and defy Washington’s demands.