Inflation loosened its stranglehold on the U.S. economy in May, but a spike in the cost of rent kept prices painfully high for millions of Americans. The Labor Department said Wednesday that the ...

Inflation fell slightly in April, but a spike in the cost of rent and gasoline kept prices painfully high for millions of Americans. The Labor Department said Wednesday that the consumer price index ...

Americans can readily see the effects of record-high inflation every time they shop. Prices have soared, from the grocery store to the gas pumps, and although inflation has cooled, families are still ...

The worst offender for dramatic price increases is McDonald’s — a chain that recently went viral for all the wrong reasons. An $18 Big Mac combo garnered so much attention online that the McDonald’s ...

"Inflation is way too hot," said Joel Naroff, chief economist at Naroff Economic Advisors in Holland, Pa. "It took a long time for the surge in commodity prices to seep into the general economy so don ...