Tag: inflation

The increase, the largest since 2023, arrives alongside a projected $6.60 rise in the Medicare Part B premium and a debate over how the adjustment is calculated.

Republican strategists are bracing for the political fallout two months before the midterm elections.

Two-thirds of Americans say Trump has handled the Iran War badly, and most blame the war for rising gas and grocery prices, a new UMass Amherst poll finds.

Americans paid nearly $60 billion more at the pump this spring than a year earlier, and the Gulf shipping crisis shows no sign of easing before the price hits again.

As administration officials point to consumer spending as evidence of confidence, polling, inflation data, and rising credit card delinquencies suggest many Americans are experiencing a very different economy.

Federal Reserve researchers find rising hunger, declining financial confidence, and growing hardship concentrated among lower-income families, households with children, and SNAP recipients.

Republicans promoted the “One Big Beautiful Bill Act” as an affordability lifeline for working Americans, but economists, retailers, and budget analysts say rising fuel costs tied to the U.S.-Israeli war with Iran and ongoing tariff pressures are rapidly wiping out much of the financial relief.

While Americans confront the highest fuel prices in years after the U.S.-Israel war on Iran disrupted global oil markets, fossil fuel giants are reporting surging profits, expanding stock buybacks, and prioritizing shareholder payouts over increased production.

New Gallup surveys show tens of millions of Americans cutting back on food, utilities, and daily necessities to pay medical bills while healthcare affordability worsens.

An analysis of more than 25 million shipment records shows US consumers and businesses pay 96 percent of tariff costs, contradicting repeated claims that foreign exporters foot the bill.