Consumer prices increased 2.9% in August from a year earlier, the Labor Department said Tuesday, up from 2.7% the previous month and the biggest increase since January.

US headline CPI has come in at 0.4% month-on-month, above the 0.3% consensus, but core CPI has come in at 0.3% as predicted. Read more here.

Stocks were rallying to fresh highs on Thursday while bond yields edged lower, with investors viewing this morning's consumer-inflation data for August as paving the way for an interest-rate cut from the Federal Reserve next week.

Inflation is now up to 2.9%, which means your savings is losing value if your bank pays less than that rate. Fortunately, there are easy ways to earn more.

U.S. inflation likely ticked higher last month as the Trump administration’s import taxes lifted the price of goods, putting the Federal Reserve in a tough spot when it meets next week.

Thursday's consumer-price index for August included an annual core inflation rate of 3.1%, which has remained above 2% since April 2021. It may take a recession to lower this rate to 2% in the next several years.

As the Federal Reserve cut its federal funds rate, here’s how it ripples through the economy and influences your finances.

The S&P 500 and the Nasdaq scaled fresh intraday record highs on Wednesday driven by a surge in cloud computing firm Oracle, while cooler-than-expected inflation data kept the U.S. Federal Reserve on track to cut borrowing costs this year.