Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.

By Echo Wang, Lananh Nguyen and Marwa Rashad DAVOS, Switzerland (Reuters) -U.S. President Donald Trump told business leaders ...

Annual inflation in the United States climbed to 2.9% in December 2024, marking its third consecutive monthly increase and ...

Inflation has been an economic scourge for many Americans under President Biden — and it could remain a continued problem under Donald Trump. Consumer prices rose 2.9% in December compared to a ...

JP Morgan Chase CEO Jamie Dimon on Wednesday weighed in on President Trump’s proposed tariffs on Canada, Mexico and China ...

The key inflation in the United States rose in December 2024 as prices grew for gas, eggs, and used cars. A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an ...

Market reaction has been immediate—crude oil futures, tracked by the United States Oil Fund USO ... a government-wide initiative to combat inflation, though specific details remain scarce.

Independent analyst Evan Lucas says the slowdown in US inflation caught the market “off guard” overnight. Core inflation in the US has softened to 3.2 per cent in December – beating ...

Biden said Republican-led states "really screwed up in terms of the way they handled their economy" in the wake of the ...

December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...