CPI inflation report May 2026: Prices rose 4.2% annually
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less…
ECB expected to raise rates as energy prices fuel inflation
Christine Lagarde, president of the European Central Bank, speaks during the National Association of Business Economics (NABE) economic…
China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses
A customer shops for gold jewelry at a gold store in Hangzhou, Zhejiang Province, China, on June 3,…
OECD warns of global slowdown as Iran war stymies growth prospects
The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage…
Inflation hits 3.2% in the euro zone as energy costs climb higher
Euro zone inflation rose to an estimated 3.2% in May, driven by double-digit energy price growth, official data…
Iran war cost: Average U.S. household paying $450 more on gas and energy
Americans have spent nearly $450 extra per household on rising energy costs during the Iran War, according to…