Oil prices surged above $100 as war in Iran disrupts energy supplies. Here's what BofA says is the biggest factor in any oil shock.
The Iran war is not the first conflict to raise prices, and adjusted for inflation, gas costs less now than throughout the 2000s and 2010s.
The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.
President Donald Trump says he beat inflation. But several conventional measures of rising prices paint a different picture. Most experts agree inflation has picked up in recent months, in part ...
The consumer price index showed a 0.3% increase on the month, putting the annual inflation rate at 3%, both lower than expected. Excluding food and energy, core CPI showed a 0.2% monthly gain and an ...
The Consumer Price Index climbed at an annual rate of 3% in September, coming in below economists' forecasts as the impact of President Trump's tariffs remain muted. Economists polled by financial ...
Inflation is a frontline issue in America today and has driven down approval ratings for the Biden administration. It’s one of several periods in the nation’s history when rising prices have hammered ...
Inflation rose slightly in April and remained above the Federal Reserve's target rate as the economic impact of higher tariffs is expected to impact consumer prices in the coming months. The Bureau of ...
President Donald Trump blasted Democrats over their affordability focus in a Cabinet meeting on Tuesday, saying their policies brought historic inflation that he is working to bring down and continues ...
For the first time in the 90-year history of Social Security, the average monthly benefit for retired workers is projected to go beyond $2,000 next month. Despite the historic nature of this milestone ...
President Donald Trump says he beat inflation. But several conventional measures of rising prices paint a different picture. Most experts agree inflation has picked up in recent months, in part ...