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U.S. inflation reached a new 40-year high in June of 9.1%

WASHINGTON (AP) – Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June, further pressuring households and...

Retail sales up 0.3% in February amid higher prices

NEW YORK – After beginning the year in a buying mood, Americans slowed their spending in February as prices for food, gasoline, toothpaste and...

U.S. inflation soared 7.9% in past year, a fresh 40-year high

WASHINGTON (AP) – Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9% over the past year, the sharpest spike since...
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