Consumer Price Index up 8.3% in April

(WASHINGTON) -- Inflation eased slightly last month, according to the latest figures released Wednesday by the Labor Department. The Consumer Price Index rose 8.3% in April compared to the same time period last year -- a drop from the 8.5% increase in March. Month-to-month, prices were... Read More.

Consumer prices jump at fastest pace since 1982

(NEW YORK) -- Consumer prices are continuing to climb, causing new pain for Americans' pocketbooks, as inflation tightens its grip on the economy and hobbles the post-pandemic recovery. The consumer price index, which measures the prices consumers pay for a market basket of everyday goods... Read More.