inflation

Inflation just spiked. Here are 3 reasons why a gold investment makes sense right now.

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Rising inflation doesn’t automatically make gold investing the right move, but it does make it even more appealing. DBenitostock/Getty Images Americans were already feeling squeezed by rising prices, and now they have fresh data to confirm it. After months of relative stability, consumer prices are climbing at their quickest annual pace in nearly two years, … Read more

Inflation rose by 0.9% month over month and 3.3% year over year in March

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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Inflation rose by 0.9% month over month and 3.3% year over year in March 03:17 UP NEXT Humanoid robots take over manual job at auto parts plant 04:47 Stock market rebounds, oil prices drop following ceasefire 02:10 War … Read more

CPI report shows inflation surged in March as Iran war drove up energy costs

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A global energy shock triggered by the Iran war sent U.S. inflation soaring in March, with the Consumer Price Index rising at a 3.3% annual rate. By the numbers Economists had predicted inflation would jump nearly an entire percentage point from 2.4% in February to 3.3% in March on an annual basis, according to the average … Read more

March inflation report to offer first glimpse of Iran war’s economic impact

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The U.S. is about to get an initial glimpse into how the economy has begun absorbing the war with Iran. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The Bureau of Labor Statistics will release March’s Consumer Price Index report Friday, detailing last month’s inflation. Wall Street analysts … Read more

Inflation may jump by most in nearly four years as gas prices spike

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WASHINGTON — Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Inflation probably rose to 3.4% in March compared with a year … Read more

Property taxes are rising faster than inflation. See what homeowners pay across the U.S.

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Property taxes across the U.S. are rising faster than inflation, with the average homeowner last year paying $4,427, up 3.7% from 2024, according to a new analysis from real estate data firm ATTOM.  By comparison, the Consumer Price Index — a basket of commonly purchased goods and services — rose 2.7% last year. Homeowners in some states have … Read more

Chicago Fed President Austan Goolsbee sees inflation from Iran war as risk to 2026 rate cuts

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Federal Reserve Bank of Chicago President Austan Goolsbee thinks that the Iran war risks fueling inflation, which would make it harder for the central bank to ease interest rates in 2026. Goolsbee — who emphasized he was speaking for himself and not for the Federal Reserve as a whole — told CBS News that, before … Read more

Hospital costs are rising far faster than inflation and drowning Americans in debt

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Stricken with severe abdominal pain, Randy Slaughter spent three days at a nonprofit hospital in College Station, Texas, in April 2024. But doctors couldn’t determine the cause and sent him home, Slaughter said, advising him to change his diet. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. His … Read more