US grocery prices rose in April, but gas spikes weren’t the only reason

Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why. Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government figures released Tuesday. That was the highest year-over-year inflation rate … Read more

Grocery prices jumped more in April than they had in nearly four years

After weeks of warnings that the Iran war would drive up U.S. food prices, the numbers are finally in: According to data released Tuesday by the Bureau of Labor Statistics, the category it calls “food at home,” otherwise known as your grocery store bill, rose 0.7% in April. That increase marked the biggest one-month jump … Read more

April inflation rate surges to 3.8% amid uncertainty in the Middle East

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing April inflation rate surges to 3.8% amid uncertainty in the Middle East 05:08 UP NEXT President Trump looks to suspend the federal gas tax 01:40 U.S. economy adds 115,000 jobs in April, unemployment rate at 4.3% 04:26 Crude … Read more

CPI surged in April as inflation soars to highest level since 2023

Inflation accelerated in April to an annual rate of 3.8%, the highest since 2023, as the Iran war pushed up energy costs and raised prices across the economy. By the numbers Economists predicted inflation would jump to 3.7% on an annual basis, up from the 3.3% reading in March, according to a FactSet poll. The CPI, a basket … Read more

Virginia Supreme Court blocks Democratic-drawn congressional map voters approved in April

The Virginia Supreme Court on Friday blocked a new Democratic-drawn congressional map from taking effect, delivering a major boost for Republicans as they defend their narrow House majority in the midterm elections. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Weeks after voters narrowly approved the plan in … Read more

U.S. economy adds 115,000 jobs in April, unemployment rate at 4.3%

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing U.S. economy adds 115,000 jobs in April, unemployment rate at 4.3% 04:26 UP NEXT Crude oil prices fall over Iran deal optimism as gas prices continue to rise 01:26 Gas prices soar to highest level of the year … Read more

Employers added 115,000 jobs in April, blowing past forecasts

The U.S. labor market continued to defy expectations in April, with employers surpassing economists’ forecasts and adding 115,000 jobs across the nation. By the numbers Economists predicted payroll gains of 65,000 in April, according to a consensus forecast from FactSet. The unemployment rate, which has hovered above 4% since June 2024, held steady at 4.3%. … Read more

April jobs report expected to show gains despite Iran war pressure

The April jobs report will be released Friday morning, and it is expected to show a resilient U.S. labor market even in the face of a global energy shock triggered by the U.S. war with Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. After a strong March … Read more