The federal government delivered a cost-of-living report Friday. A spike in gasoline prices triggered by the war with Iran contributed to inflation reaching its highest level in nearly two years. The ...
The Bureau of Economic Analysis released the February personal consumption expenditures price index data on Thursday morning. Here's what it said: Core YoY: 3.0%, slightly lower than January's rate of ...
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 ...
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Annual inflation remained at 2.8% in the Federal Reserve’s preferred inflation gauge for February, before the energy price surge sparked by the war with Iran. The personal consumption expenditures ...
The numbers: Shortly before the start of the Iran war, a key measure of U.S. inflation rose at an excessive pace for the third month in a row, underscoring the latest challenge facing the Federal ...
The core personal consumption expenditures price index rose a seasonally adjusted 3% in February, the Commerce Department reported. The all-items headline inflation measure increased 2.8%. In addition ...
This story about the February 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve's preferred inflation gauge remained stubbornly high in February as consumers ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
An energy shock stemming from the fighting has added a layer of complexity to the Federal Reserve’s decision-making around interest rates. By Colby Smith Colby Smith covers the Federal Reserve. Early ...
WASHINGTON — A key measure of inflation stayed high in February, before the war in Iran spiked gas prices, a sign that everyday costs were elevated even before the conflict began. An inflation gauge ...
ALBANY, N.Y. (NEXSTAR) — With Tax Day a week away, New Yorkers still don’t know to what extent inflation refund checks sent by the state last fall are subject to federal income taxes. The state ...