U.S. consumer prices rose again in May, Labor Department data showed, further squeezing Americans’ budgets as consumer sentiment sat at record lows. The department’s Consumer Price Index, its measure ...
The Bureau of Labor Statistics released the May consumer price index report on Wednesday at 8:30 a.m. Eastern time.
The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, both in line with expectations. The core CPI accelerated 0.2% for the month and ...
Follow MarketWatch's live coverage of the consumer price index report for May, and its impact on the economy, markets and your money. ‘Squeezing more life out of every dollar’: How inflation is ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000. The ...
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