Inflation cools but stays near 40-year high

(WASHINGTON) -- Consumer prices are up 7.7% over the year ending in October, but that's a significant drop from the 8.2% inflation rate a month prior and below 8% for the first time since February.On a monthly basis, the consumer price index increased at... Read More.

Inflation rose in February to 40-year high

(WASHINGTON) -- Inflation spiked again last month, increasing 0.8 percent in February after rising 0.6 percent in January, the latest figures released Thursday by the U.S. Department of Labor show.Compared to February of last year, the Consumer Price Index, which measures the change in... Read More.