Inflation jumped to a three-year high in May as the Iran war continued to fuel higher energy prices.
While crude oil prices soar above triple digits amid the ongoing disruption to shipping through the Strait of Hormuz, President Donald Trump‘s next political crisis may already be taking shape at the ...
The Iran war has pushed up gasoline, groceries and other prices for consumers.
The consumer price index rose 2.4% in February from a year earlier, unchanged from January, according to the Bureau of Labor Statistics. That's still slightly above policymakers' long-term inflation ...
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