January inflation ticks up to 3% annually as cost of groceries, gas, used cars rise
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
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WATCH LIVE: Powell testifies before House Financial Services committee as inflation increases
The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month. It has increased from a 3 1/2 year low of 2.4% ...
US inflation increasing: Groceries, gas and cars cost more; interest rate cuts unlikely
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Powell says Trump's comments won't affect interest rate decisions by the Fed
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest ...
Toronto cop, suspended with pay since 2020, gets conditional sentence for fraud scheme to stage car accidents, thefts
The sentence means the Const. Ronald Joseph will avoid jail for his role in the insurance-fraud scheme. Joseph was paid more ...