Inflation rose in August and remained well above the Federal Reserve's target rate as central bank policymakers weigh potential interest rate cuts at their meeting next week. The Bureau of Labor ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

Aug. 29 (UPI) --Inflation rose in July, according to the Personal Income and Outlays report from the Bureau of Economic Analysis, the Fed's preferred measure. Core inflation, which excludes food and ...

Inflation inched higher last month as Americans closed out the summer paying more for both groceries and gasoline. Consumer prices in August were up 2.9% from a year ago, according to a report ...

Inflation, as measured by the producer price index, fell seven-tenths of a percentage point to 2.6% for the year ending in August, the Bureau of Labor Statistics reported Wednesday, a sign that price ...

While the U.S. inflation rate has cooled significantly since hitting a 40-year high after the pandemic, some cities continue to experience much higher price increases than others. A new WalletHub ...

ALBANY, N.Y. — New York State has begun mailing inflation refund checks to 8.2 million households, aiming to help residents with rising costs due to inflation. Most residents are eligible for a ...

Consumer price growth rose in August, the Bureau of Labor Statistics reported Thursday. It's the latest indication that the U.S. economy continues to contend with inflation even as the job market ...

Federal Reserve Chair Jerome Powell opened the door for the central bank to cut rates as soon as September. WSJ’s Nick Timiraos breaks down key moments from Powell’s Jackson Hole speech. Photo: David ...