3+ hour, 5+ min ago  (362+ words) The president has faced public backlash over inflation rising during his watch, as prices climbed initially in the aftermath of his tariffs and later with the start of the Iran war in late February. Trump described a recent bipartisan measure…...

6+ day, 3+ hour ago  (363+ words) News-Times Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year The states…...

1+ week, 5+ hour ago  (344+ words) ECB head Christine Lagarde said Monday that without the quarter percentage-point increase, inflation could have lingered above the bank's 2% target into 2028. "Some have characterized our rate increase earlier this month as an "insurance hike,'" Lagarde said. "I'm sorry to disappoint…...

2+ week, 4+ day ago  (267+ words) Thursday's decision was widely anticipated after figures showed inflation did not rise as had been expected in May, holding steady instead at 2. 8%. Though that remains above the bank's target of 2%, it raised hopes that the upward pressure on prices emanating…...

2+ week, 6+ day ago  (690+ words) On Wednesday, Warsh may provide the first hints of an answer when he oversees his first Fed policy meeting as chair and holds a news conference afterward. Bond markets, which can swing sharply on a chair's pronouncements, will be watching…...

3+ week, 5+ day ago  (454+ words) Consumer prices rose 4. 2% in May from a year earlier, the Labor Department said Wednesday, up from 3. 8% in April and the third straight increase. On a monthly basis, prices rose 0. 5% last month, after big gains of 0. 6% in April and 0. 9% in March....

1+ mon, 2+ week ago  (243+ words) As a net energy importer, the EU's economy is highly susceptible to the energy shock caused by the conflict in the Middle East," the commission said in a statement Thursday. The rising cost of fuel "means higher household bills and…...

1+ mon, 3+ week ago  (656+ words) The Labor Department reported Wednesday that its producer price index " which tracks inflation before it hits consumers " shot up 1. 4% in April, the biggest monthly gain in more than four years. Energy prices climbed 7. 8% from March to April and 22. 7% from a…...

1+ mon, 3+ week ago  (447+ words) Trump met with Xi at the Great Hall of the People and they talked about U. S. -China relations and Taiwan, but analysts did not expect major breakthroughs. U. S. futures edged higher. Tokyo's Nikkei 225 index was down 1% to 62, 654. 05, after briefly reaching another all-time…...

1+ mon, 3+ week ago  (578+ words) Labor Department figures showed that gasoline prices are up more than 28% compared with a year ago. However, the AAA motor club listed the average regular gallon of gasoline above $4. 50 on Tuesday, about 44% more than it cost last year at this…...