Inflation proving stickier than expected has dashed hopes for quick Fed rate cuts

Inflation isn’t moving down as quickly as the Federal Reserve hoped, forcing investors to dig in…

Inflation comes in hotter than expected at 0.9% in January in producer price index

Wholesale inflation, as measured by the producer price index, declined slightly to 0.9% for the year ending in January but…

Fast-food restaurants could see price hikes in California as worker pay rises

California businesses are expected to hike menu prices when minimum wage boosts to $20 an hour…

Guy Fieri laments need to ‘become creative’ amid rising food prices

Restauranteur Guy Fieri acknowledged the damage that rising food prices have on his industry. Fieri appeared…

Inflation held steady at 2.6% in Fed’s preferred gauge

Inflation held steady at a 2.6% annual rate in December, as measured by the gauge favored by…

Inflation rises slightly to 1% in December in producer price index

Wholesale inflation, as measured by the producer price index, ticked up slightly to 1% for the year ending in December…

Inflation rate ticked up to 3.4% in December as Fed eyes pivot

Inflation ticked up to 3.4% for the year ending in December, an unwelcome development as the…