Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

The war is over. Not the war in Ukraine or Gaza — I mean the war on inflation. Shoppers, understandably, are still freaking out in the grocery aisles, most recently over egg prices. Meanwhile, ...

Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are not really the same. The effect of tariffs is to push prices up, but not to ...

U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor ...

Putting “fun” back into low- and middle-income Americans’ budgets could be years away with most of their income barely covering the surge in costs for bare necessities, economists said. Even with ...

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 ...

Wage growth for a large swath of Americans is being outpaced by the rate of inflation, according to data from Indeed, which reported people with low- and middle-paying jobs are likely feeling the most ...

Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor ...

The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce ...

Inflation ticked up in August in a troubling sign for consumers, but not enough to prevent a Federal Reserve interest rate cut next week as more alarm bells ring in the labor market. Overall inflation ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

CPI Inflation Contributions from Goods and Services updates data on how much different types of goods and services contribute to changes in consumer price index (CPI) inflation. This tool is intended ...