Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.

US CPI inflation accelerated to 4.2 per cent in May 2026, the highest since April 2023, as rising gasoline and energy prices driven by Middle East tensions reignited price pressures. Core inflation ...

Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.

The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

Inflation at 4.2% in May: Energy and Geopolitical Tensions Drive Up Prices; Core Inflation Near 3% Could Weigh on Purchasing ...

If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.

The Consumer Price Index recorded a 4.2% year-over-year increase, the hottest inflation since April 2023, with energy up 23.5% on the year. Producer inflation also shocked at 6.5%, the largest annual ...

A handful of top savings accounts and CDs are still outpacing inflation, even as most cash accounts fall short. bojanstory / Getty Images Inflation has risen to 4.2%, which means cash earning less ...

Those celebrating Independence Day with an afternoon cookout will be shelling out more than ever, with price increases in line with overall inflation that the economy is facing. The American Farm ...