WASHINGTON — The war with Iran is driving up inflation, and borrowing costs may increase for Americans, according to a new report released Tuesday by the Congressional Budget Office. The report found ...

Six months into the Iran war, rising oil and gas prices are driving up inflation. Diesel on Friday topped $6 a gallon for the first time on record, and gasoline prices remain near the highest levels ...

The 12-month rate of inflation as of August 2026 is 3.4%, according to the Bureau of Labor Statistics (BLS). Energy inflation spiked to 16.9% as the status of the Strait of Hormuz remains uncertain.

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

President Trump's vow to send $5,000 to every U.S. adult if the Republican Party keeps control of Congress in the midterm elections would drive up the federal deficit, reignite inflation and alarm ...

On weekdays, the Federal Reserve Bank of Cleveland's Inflation Nowcasting tool processes new economic data and adjusts its outlook for several inflation measures, including the Consumer Price Index ...

Prices rise almost every year, which means the same dollar buys a little less each year. This inflation calculator uses the government's Consumer Price Index to show exactly how much less a dollar is ...

The story of Japan has long been deflation. For the last 20 years or so, the country had been plagued by it, leaving its economy stunted. But the tide has finally turned. The initial catalyst was the ...

Inflation cooled a bit last month as gasoline and grocery prices fell. Consumer prices in July were up 3.4% from a year ago, according to a report Wednesday from the Labor Department. That's a smaller ...

Inflation is the process of prices increasing over time and is one of the most important concepts to understand when looking at your personal finances. Rising inflation will mean you can buy less and ...

Forbes contributors publish independent expert analyses and insights. I cover the intersection of people, risk, leadership and performance. This voice experience is generated by AI. Learn more. This ...

The Bureau of Economic Analysis makes adjustments to inflation estimates regularly, but it comes at a time when the BEA is under budgetary stress. To help the Federal Reserve and everyone else who ...